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The analyst initially covered First Neiro on Ethereum in August, when its market cap was between $1 and $2 million.
Crypto influencer TraderSZ, renowned for identifying First Neiro on Ethereum when it was still a microcap, is now anticipating another leg up for the token, setting a price target of $0.002.
Back in August, TraderSZ covered First Neiro on Ethereum when its market cap was around $1-$2 million. Now, the token boasts a Binance listing, and Binance usually lists tokens in the top 500 by market cap.
At the time of writing, First Neiro on Ethereum is ranked 364th, with a market cap of about $500 million and a price of roughly $0.0012. Those who bought the token when TraderSZ first covered it are looking at gains of up to 500x.
However, TraderSZ anticipates even more growth in the coming weeks. On Tuesday, he tweeted, “It’s time,” posting a NEIRO price chart with a target set to $0.002.
It’s time pic.twitter.com/yhbx9VyNif
The post sparked excitement in the crypto community, with the top reply coming from analyst Tyler Durden, who said, “People think a $1 billion market cap is a lot – it’ll probably tag $3 billion.”
Durden then highlighted the advantage of launching on the Ethereum chain, adding, “Ethereum is where whales play.”
In follow-up tweets, TraderSZ predicted that NEIRO could go even higher than $0.002.
Responding to a post about China’s central bank easing monetary policy, the analyst hinted at the new liquidity flowing into NEIRO, pushing its market cap to between $5 and $10 billion.
Translation: $Neiro @neiroethcto is going to 5-10 billion cap https://t.co/qbPbaIONl8
This also relates to a recent NEIRO partnership, with the project officially joining forces with the largest Tron-based meme coin, SunDog.
Tron is a blockchain that’s popular with Chinese market participants, which is why TraderSZ feels that China’s easing monetary policy could benefit NEIRO.
https://twitter.com/neiroethcto/status/1838261180571488494
Meanwhile, smart money players have also started paying attention to the token.
Prominent venture capital firm DWF Labs has partnered with the project.
This adds to NEIRO’s strengthening position within the market, enhancing its long-term potential.
https://twitter.com/neiroethcto/status/1838519031432683563
One month ago, First Neiro on Ethereum was an obscure microcap meme coin. Today, it has a Binance listing, top-tier industry partnerships, and support from leading crypto analysts.
This highlights the fast-paced dynamics of the meme coin market and underscores the importance of getting into projects early.
On that note, another project worth considering is Crypto All-Stars, which is currently conducting a presale and setting itself apart from other meme coins by offering genuine utility.
New Coin to Watch: Crypto All-Stars is the First Unified Staking Protocol For Meme Coins
Crypto All-Stars is a new cryptocurrency that allows users to stake any meme coin for passive rewards. The project is currently undergoing a presale and has raised $1.5 million so far.
The key feature of the project is MemeVault, a multi-token staking solution that supports Dogecoin, Shiba Inu, Pepe, Bonk, and other top meme coins. It uses Ethereum’s ERC-1155 multi-token standard to support tokens from any blockchain.
For the first time, meme coin fans from across the industry will all be united in one community.
And here’s where it gets interesting: they’ll all need to hold $STARS. Users must hold it to access the MemeVault, and the more they have, the more they can earn.
The meme coin market is valued at $47 billion. Meanwhile, the Crypto All-Stars presale raise stands at $1.5 million.
Thus, a fraction of the market’s liquidity flowing into $STARS could skyrocket its valuation.
Users can also stake their $STARS tokens to generate more rewards. Currently, $STARS staking offers a 939% APY, but this will decrease over time.
Since its early days, analysts have been eyeing Crypto All-Stars as the next meme coin that could explode.
Umar Khan from 99Bitcoins stated that $STARS “will 100x.”
Currently, investors can buy Crypto All-Stars in the presale for $0.0014593.
However, the price will increase throughout the campaign, with the next price increment later today.
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