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Neiro on Ethereum (NEIRO) has broken into the top 25 meme coins by market capitalization, according to CoinGecko. This comes after the token was listed on exchanges Binance, Crypto.com, HTX, and OKX over the past three days.
Earlier this year Kabosu, the mascot of Dogecoin, sadly passed away. Two months later, Kabosu’s owner adopted a new Shiba-Inu called Neiro. This caused a meme coin war as two Solana meme coins launched in the new pup’s honor and then the Ethereum NEIRO entered the picture, vying for liquidity from degens. But now the dust has settled and “Neiro on Ethereum” has pulled away from the pack.
The token has soared 233% over the past 7 days amid a slew of crypto exchanges listing the token for trading.
On Friday, OKX listed Neiro on Ethereum for futures trading with Binance following just two hours later. Over the coming days, Crypto.com, HTX, and a number of smaller exchanges also listed the token.
$NEIRO listed on OKX Futures.
Exchanges have been watching.
Who's next?
Neiro World Order. https://t.co/BUuvBZ5OxH
— Neiro On Ethereum (@NeiroOnEthereum) September 6, 2024
In turn, its largest rival on Ethereum plummeted 47% to a market cap of $19 million and its Solana competitor dropped 22% to $7.2 million. Meanwhile, Neiro on Ethereum has climbed to a market cap of $161 million which places it as the 23rd largest meme coin by market cap, ahead of tokens like Maga (TRUMP), Gigachad (GIGA), and Mumu The Bull (MUMU).
“Congrats! Great to see another dog token on Binance! Woof,” the official Shiba Inu Twitter account replied to the announcement of Neiro’s Binance listing.
This comes after meme coin influencer SlumDoge (also known as the Dogecoin Millionaire) urged for the crypto community to unite around Neiro. He explained to Decrypt that since Dogecoin rose to popularity and other Shiba-Inu tokens were created, the communities have been fighting for supremacy.
He now wants Neiro to be the moment the two communities join forces.
“It was a huge rivalry between the Dogecoin and Shiba Inu communities,” SlumDoge said on a recent episode of the What’s the Meta? podcast. “I started thinking damn, I wish there was something we could all agree on. I feel like Neiro, this is the opportunity for both of those big dog-based communities to come together.”
His sentiment underscores why it’s noteworthy that the Shiba Inu official Twitter replied to support Neiro’s Binance listing. As for Dogecoin, there has been no word from its official social media channels that suggest support for the token based on Neiro having the same owner as the late Kabosu.
Edited by Stacy Elliott.