First Neiro On Ethereum Price Prediction: NEIRO Skyrockets 447%, But This Solana Crypto Might Explode Next

On Aug 16, 2024

Join Our Telegram channel to stay up to date on breaking news coverage

The First Neiro On Ethereum price skyrocketed 447% in the last 24 hours to trade at $0.00004472 as of 4:30 a.m. EST on trading volume that soared 1,294% to $29 million.

The project’s price skyrocketed after Vitalik Buterin, the co-founder of Ethereum, announced that the NEIRO tokens that were previously sent to him, were donated to charity.

This started as a controversial story when NEIRO’s original developer rugged and airdropped some of the tokens to Buterin in an attempt to boost its price by listing Buterin as a major holder. However, the community ended up taking over the project, and after Buterin sold the tokens, he was asked to donate the proceeds to charity.

Ethereum’s co-founder now confirmed that the donation has gone through, but he also requested that coin holdings be allocated to charities directly in the future, without necessarily involving him.

Charity donation done, covering all animal coins from the past year or so!
That said, I appreciate it if coin holdings just get allocated to the charities directly😊
It’s 2024, we can start doing more sophisticated public goods fun-ding, eg. see https://t.co/8ZVhwkVwLy pic.twitter.com/RQ1ThdLCYL
— vitalik.eth (@VitalikButerin) August 15, 2024

First Neiro On Ethereum Price Prediction

The NEIRO price saw a major surge in the last 24 hours, as mentioned, and an even greater 1,070% surge in the past week. However, many are interested in what will happen next, and whether or not it is too late to buy the token now.

NEIRO’s technical indicators show that the project is still in a good place, with its Bollinger Bands continuously getting wider, and its price pushing the upper band higher and higher. This is a strong bullish indicator that suggests that NEIRO might continue to grow further.

However, the token’s Relative Strength Index (RSI) value has climbed to the overbought zone, venturing higher and higher as well to currently stand at 75.13. This might be a signal that the token will soon see a price correction.

Traders who keep an eye on technical indicators to make their trading decisions typically see the RSI’s arrival to the overbought zone as a signal to sell. As they do so and take profit, the price tends to start its drop, which signals to others to start selling as well. This eventually leads to a sharp correction, and with the token’s rapid surge, the correction is likely to be very sharp as well.

For the moment, NEIRO is still growing as the bulls hold firm control of it, but this could start changing at any time, so anyone looking to get into NEIRO now should be extremely cautious, and make their own price prediction in order to properly understand the situation and accompanying risks.

Promising Alternatives To First Neiro On Ethereum

For the time being, NEIRO’s price continues to rise. However, the token is bound to hit its limit eventually. After such a steep climb, it is likely that an equally sharp correction will follow once bulls’ influence weakens. In the meantime, users who are not comfortable with taking that risk could consider an alternative investment, such as Mega Dice (DICE).

Mega Dice is the native cryptocurrency of the Mega Dice casino — a crypto casino that allows its users to play games while betting digital assets. Now, however, it is in the process of launching its own native crypto, the DICE token. The crypto is currently in the presale phase, selling for $0.105266. It can be bought with SOL, ETH, or BNB.

The ICO has been quite successful so far, raising over $1.7 million. However, the demand for the token is likely to be even higher by the time it goes live. It is worth noting that the majority of Mega Dice’s community, while being crypto users, likely are not investors or traders, so even though the platform has over 10K active monthly users and more than 50,000 registered users, not many of them are likely to look to profit from crypto through investing, but rather through gaming.

However, by buying and holding DICE, you get access to a number of special benefits. For example, DICE holders are entitled to daily rewards that will depend on the platform’s performance. They also get access to limited edition NFTs, and if they buy during the ICO, they can also get an early bird bonus. On top of that, the project also lets you stake DICE tokens and earn staking rewards.

All of this has seen the DICE presale attract a lot of attention, and crypto experts such as TodayTrader have speculated that the project could truly become Solana’s largest GameFi token as it easily has 100X potential.