First Neiro On Ethereum Price Breaks Through A Strong Resistance, presale funds raised by layer 2 meme coin Pepe Unchained (PEPU) have blasted past $25.2 million

The First Neiro On Ethereum price soared more than 43% in the last 24 hours to trade at $0.002081 as of 11:24 p.m. EST as an investor frenzy erupts around the meme coin. With the recent surge, the NEIRO price managed to boost its weekly performance out of the red zone and also add to its impressive streak over the last year. As a result, the crypto is in the green by more than 21% over the past 7 days and over 48,700% on the yearly time frame.

The First Neiro On Ethereum price soared more than 43% in the last 24 hours to trade at $0.002081 as of 11:24 p.m. EST as an investor frenzy erupts around the meme coin.

With the recent surge, the NEIRO price managed to boost its weekly performance out of the red zone and also add to its impressive streak over the last year. As a result, the crypto is in the green by more than 21% over the past 7 days and over 48,700% on the yearly time frame.

First Neiro On Ethereum Price Breaks Through A Strong Resistance

4-hour chart for NEIRO/USD (Source: GeckoTerminal)

The First Neiro On Ethereum price broke through the resistance level at $0.001935. Should its upward trajectory continue in the coming 24 hours, the meme coin might soon flip the subsequent mark at $0.002330 into support.

On the other hand, traders deciding to take profit through the course of the next trading day could lead to a pullback in the First Neiro On Ethereum price. NEIRO might then retest the recently-breached $0.001935 mark. If bulls fail to defend this key price point, the meme coin could stand the risk of plunging to as low as $0.001558 in the short term.

First Neiro On Ethereum Price Still Showing Ample Bullish Strength

From a technical perspective, indicators on NEIRO’s 4-hour chart suggest there is a high probability that the meme coin’s price will continue its ascent in the next few hours. Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators on the 4-hour chart point to a continuation of NEIRO’s bullish trend.

Buyers remain in control and show no signs of letting up just yet, as suggested by the increasing RSI values and the indicator’s positive slope. However, the RSI shows that the First Neiro On Ethereum price is in overbought territory. Traders usually interpret this as a sell signal, since it suggests a crypto’s short-term downside potential is greater than its upside potential.

The MACD line is still breaking away above the MACD Signal line as well to indicate that NEIRO is in a bullish phase and its momentum shows no early warnings of an upcoming cooling off period.

If these technical signs are validated, the First Neiro On Ethereum price could end up rising above the $0.002330 barrier soon.

As the First Neiro On Ethereum price surges, presale funds raised by layer 2 meme coin Pepe Unchained (PEPU) have blasted past $25.2 million.

A New And Improved Pepe About To Hit The Booming Meme Coin Market

Pepe Unchained (PEPU) aims to address the limited scalability and lack of utility seen in many meme coin projects, as well as bring an upgraded version of the popular frog-themed PEPE to the market.

This is made possible through the meme coin’s native layer 2 blockchain network, which will achieve transaction speeds 100 times faster than meme coins run on the clunky Ethereum blockchain. In addition to setting a precedent for meme coin scalability, the project will also give investors the ability to transact with its native PEPU token at ultra low fees.

Popular YouTuber ClayBro told his more than 130K subscribers in a recent video that PEPU has the potential to generate 10X returns for investors.

Backing the crypto expert’s bullish outlook on Pepe Unchained is the project’s launch of a developer grant program. This is the first step in welcoming decentralized applications to its blockchain network, which could push Pepe Unchained’s total value locked up and attract more investors.

Investors FOMO Buy PEPU During Its ICO Phase

Pepe Unchained is only in its presale stage, but has already managed to raise more than $25.2 million. Whales have also started scooping up the meme coin, with the most recent purchase seeing a large crypto investor buy 6 million PEPU for over $84K.

If this early success is any indication of what’s to come, then investors have a lot to look forward to.

And in addition to all that, the token can also be staked for an annual yield of 94%.

TODAY IS A BIG DAY!!! 🔥

Not only have reached the $25M milestone, but we have a major announcement for you all.

Buckle up and read below 👇 pic.twitter.com/Y2dEhrozb1

— Pepe Unchained (@pepe_unchained) November 6, 2024

Anyone that wants to get in on PEPU before it hits the open market can do so through