Neiro Ethereum Price Drops Amidst Investor Pullout
The price of Neiro Ethereum has plunged over 10% in the past 24 hours, trading at $0.2474 as of 7:35 a.m. EST. This decline follows a surge in Neiro token availability after the adoption of a new Shiba Inu named Neiro by the late Kabosu's owner.
Bullish Outlook and Industry Milestones
Despite the recent dip, many investors remain optimistic about NEIRO's potential to become the next DOGE. Supporters cite several significant milestones achieved since its market debut:
- Reaching a market cap of $200 million in just 6 days
- Surpassing PEPE's 10-day milestone in achieving the same market cap
Technical Analysis and Support Levels
The Neiro Ethereum price has exited a bullish price channel, testing the critical support level at $0.2151. A break below this level may lead to further declines towards $0.1414 within the next 24-48 hours.
Alternatively, if buyers stabilize the price above $0.2151, NEIRO may attempt to regain the $0.2927 resistance level.
Technical Indicators Suggest Bearish Trend
RSI and MACD indicators suggest that the Neiro Ethereum price could continue its downward trajectory. Falling RSI values indicate diminishing buyer strength, while the MACD is poised to trigger a bearish technical signal.
Pepe Unchained Surpasses $8 Million in Presale
While Neiro Ethereum faces price fluctuations, Pepe Unchained (PEPU) has surpassed $8 million in its presale. PEPU aims to address the limitations of the Ethereum network by introducing a layer-2 network that enhances PEPE token speed and reduces transaction costs.
Investors Incentivized with Staking Rewards
Investors who acquire PEPU tokens and stake them through the project's website are eligible for a 253% APY reward. PEPU is currently priced at $0.0089461 and can be purchased using ETH, USDT, BNB, or bank cards. The token price is expected to increase in the coming hours.