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Shiba Inu surprises crypto community members as its official X account follows a popular memecoin.
Several crypto enthusiasts have called attention to the recent activity surrounding Shiba Inu’s official X handle @shibtoken.
Shiba Inu Follows Neiro Ethereum on X
In particular, a social media user named Mark disclosed that Shiba Inu has increased the number of X accounts it follows to 25, with Neiro Ethereum ($NEIRO) being the latest addition.
The X user claimed that Neiro Ethereum’s recent following serves as an endorsement from the Shiba Inu ecosystem. Furthermore, Mark characterized $NEIRO as the third-largest crypto project in the ecosystem, emphasizing that its inclusion among Shiba Inu’s following accounts solidifies its acceptance.
“Expecting long-term support from them – (don’t think they’d follow otherwise),” Mark added while sharing evidence of the development.
A $NEIRO whale who goes by the pseudonym “MoneyLord” also confirmed the move. MoneyLord expressed enthusiasm regarding the latest development, noting that Shiba Inu followed $NEIRO and posted about the project.
The user echoed “HIGHERR,” suggesting that the action could potentially pave the way for a surge in $NEIRO’s price.
Shiba Inu Gives Special Shout Out to $NEIRO
A glance at SHIB’s X profile shows that Neiro Ethereum is among the 25 accounts Shiba Inu follows. Interestingly, Shiba Inu gave a special shout-out to the project, referring to it as a “cute doggo.”
It bears mentioning that Shiba Inu spotlighted $NEIRO in the latest edition of The Shib Magazine. The sponsored article, “Inside the Neiro Phenomenon: The Shiba Inu Sibling That Surprised the Crypto World,” saw the ecosystem team provide an in-depth analysis of the catalysts behind $NEIRO’s price surge.
In the article, Shiba Inu acknowledged $NEIRO’s rise to prominence shortly after its launch. Notably, the article highlighted some major milestones $NEIRO has achieved, including hitting a market cap of $220 million. Furthermore, Shiba Inu indicated that $NEIRO’s price surged 1,506.35% when the broader market faced significant downturns.
Meanwhile, several crypto proponents identified $NEIRO as one memecoin that could replicate Shiba Inu and Dogecoin’s success in this bull run.
So far, $NEIRO has lived up to expectations, rising 2,160% in nine days to an all-time high of $0.2986. Currently priced at $0.2163 per token, $NEIRO is up 2.68% over the past 24 hours. Ranked as the 221st biggest token, $NEIRO currently boasts a market capitalization of $217.3 million.