First Neiro On Ethereum Price Surges 886% On Binance Spot Listing As Experts Say This PEPE 2.0 Meme Coin Has 100X Potential

First Neiro on Ethereum Soars After Binance Listing

The First Neiro on Ethereum (NEIRO) has seen a remarkable surge in value, with a price increase of over 886% in the past 24 hours. As of 11:38 p.m. EST, NEIRO is trading at $0.0003615, fueled by investor FOMO.

This meteoric rise follows NEIRO's announcement of a listing on Binance, the world's largest cryptocurrency exchange.

NEIRO Price Forms Bullish Channel

Over the past 24 hours, NEIRO has broken out of its consolidation channel between $0.0000271 and $0.0001072. It has since flipped the resistance level at $0.0002343 into support and is now aiming to do the same with the $0.0003473 mark.

NEIRO's recent price action has formed an ascending channel on the 4-hour chart, indicating a positive trend. If NEIRO continues to trade within this channel, it could potentially challenge the $0.0004462 barrier in the near term.

Technical Indicators Suggest Potential Correction

However, technical indicators on NEIRO's 4-hour chart suggest that the meme coin may be experiencing some waning momentum. Notably, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) show signs of dwindling interest from buyers.

The narrowing gap between the MACD line and the MACD Signal line indicates that NEIRO's positive trend may be approaching its end. Additionally, RSI readings have dropped in recent hours, suggesting that sellers are gaining strength against buyers.

Pepe Unchained: Next Explosive Meme Coin?

As investors begin to shift their attention away from NEIRO, layer-2 meme coin Pepe Unchained (PEPU) has emerged as a potential candidate for explosive growth.

PEPU aims to introduce a supercharged version of the popular PEPE meme coin. By leveraging a dedicated layer-2 chain, Pepe Unchained aims to provide 100 times faster transaction speeds and lower network fees than Ethereum-based meme coins.

Investors have shown strong confidence in PEPU, with the project raising over $13.5 million in its ongoing presale. PEPU is currently available for purchase at $0.0097284 and can be staked for an impressive 153% APY.