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The crypto market rebounds, with Bitcoin up 3.11%. Meanwhile, Neiro Ethereum leads the rally, prompting interest in Crypto All-Stars.
The crypto market is slowly getting out of the latest slump, with Bitcoin up 3.11% back to $56,988.58 most top memecoins are up in the last 24 hours. With this rally, investors are looking at new tokens the rally could propel to the moon.
Chief among these tokens is Neiro Ethereum (NEIRO) – one of, if not the, biggest success story of the summer. As it reaches new heights, investors are looking at new memecoins that could replicate its success, with several calling Crypto All-Stars (STARS) a promising candidate.
Neiro Ethereum enters the top 20 most valuable memecoins
NEIRO is up 22.09% to $0.1921 over the last 24 hours. This helped it beat Simon’s Cat (CAT) and Gigachad (GIGA) to become the 19th largest memecoin by market cap on CoinMarketCap at $191 million. Despite being a hit since launch, NEIRO’s daily trading volume is still trending upwards, rising 6.46% to $76,140,679.
This surge in price came after a cascade of exchange listings, Binance, OKX, Crypto.com, and HTX have all recently listed NEIRO, with gTrade joining their ranks today.
Exchange listings almost always bring hype and awareness to memecoins. It’s no surprise that being listed on the world’s biggest crypto exchange alongside others famed for their memecoin or futures markets has brought in a huge wave of NEIRO investors.
On top of this, NEIRO has been working hard at building its community, with the token’s official X (Twitter) account growing to over 26,000 followers.
Further building on the hype, the NEIRO X (Twitter) account released a cryptic tweet today talking about a mysterious new project holders can register for in the next 24 hours.
Neiro Ethereum price analysis – can it hit $1 in 2024?
Looking at longer timeframes, NEIRO’s success is even more apparent. The token is up 560.64% – or more than 5x over the week. Since its launch on July 29th, NEIRO has grown a staggering 1263.15% or 12x. However, it would need to grow 5x again in the next 4 months to hit the much-anticipated $1 mark in 2024.
Looking at NEIRO’s charts, it can seen that investors are still opening long positions on the token, showing faith in its long-term prospects. Its funding rate tells a similar story, with most exchanges seeing it rise.
While NEIRO’s growth rate is slowing down, many experts and analysts are still extremely bullish on the token. Zach Humphries, a crypto trader and influencer with over 100,000 followers on X (Twitter) recently shared his bullish predictions.
Meanwhile, TheSolstice noticed NEIRO’s trading volume exceeding the likes of WIF and PEPE, despite having a 10-20x lower market cap. Due to this, he calls the token a speeding bullet train in motion to hit $1 billion in market cap. This is exactly the sum that would put NEIRO’s value at $1 per token.
While the market is unpredictable, it’s hard to bet against NEIRO with the impact it has had on the space so far.
Meanwhile, a new token called Crypto All-Stars has also been catching eyes as its presale shows bullish momentum.
Analysts bullish on Crypto All-Stars ICO as it raises over $1.1 million
Crypto All-Stars (STARS) is a brand new ICO focused on bringing a cooperative element to the memecoin space.
STARS’ utility lies in the MemeVault – a multi-token staking protocol allowing users to stake a variety of the top memecoins like Pepe and Shiba Inu in one place. STARS integrates itself into this ecosystem by being the token used for staking rewards.
This introduces a cooperative element to memecoins, helping tokens pull each other up rather than bringing each other down. The project has raised almost $1.2 million on the back of this idea, selling for just $0.0014362 per token.
However, this price isn’t here to stay, as STARS uses a dynamic pricing model where the presale price will grow as more investors come into the project or time passes. To ensure investors’ safety during the presale, STARS has passed two security audits by SolidProof and Coinsult.
Experts have been paying close attention to the token. Claybro, a YouTuber with over 130,000 subscribers recently covered the token, highlighting its potential.
He praises the MemeVault, as well as the token’s massive 1245% staking rewards – letting stakers 12x their token holdings over a year.
With less than 3 days left until the next price increase, there’s limited time to invest in Crypto All-Stars at the lowest possible price.
For more information, visit the Crypto All-Stars presale website.
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This article first appeared at crypto.news
