Neiro Price Soars Over 800%

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Key Takeaways

  • The price of Neiro rose by almost 848% in a day, excluding corrections.
  • Neiro paired with Wrapped Ether became one of the most traded pools on DEX.
  • More than 67% of Neiro's volume comes from the Uniswap V2 (Ethereum) exchange.

The Neiro price (NEIRO) skyrocketed from $0.0000363 to $0.0003447, an increase of approximately 848%.

According to CoinGecko, over the past seven days, the Neiro price remained in the $0.000035-$0.000050 range. However, on September 16, the token surged sharply, rising from $0.00003634 to $0.00034472.

The Neiro price history for the last seven days | Source: CoinGecko
The Neiro price history for the last seven days | Source: CoinGecko

Neiro Trading Volume Passes $85M on DEX

According to GeckoTerminal, Neiro, in a trading pair with Wrapped Ether (WETH), has become one of the most traded tokens on decentralized exchanges (DEX) over the past 24 hours.

The Neiro/WETH pool had a trading volume of $85.93 million, placing this pair in second place in the rankings.

However, it’s worth noting that WETH paired with the stablecoin USDC holds first place. Most likely, traders who traded Neiro are withdrawing profits this way.

This token is barely traded on centralized exchanges (CEX). Only two such platforms are available: HTC and AscenDEX (BitMax). Uniswap V2 (Ethereum) accounts for the bulk of the volume—67.28%.

Is Pump.Fun the Same Meme Coin?

However, note that this is not the famous meme coin Pump.Fun on Solana (SOL). They apparently share the same name, which often happens with meme coins. They also have a different image of the Shiba Inu dog.

More often than not, Pump.Fun meme coins are traded paired with Solana, as shown below in the GeckoTerminal screenshot.

The ranking Pump.Fun coins by growth over the last 24 hours | Source: CoinGecko
The ranking Pump.Fun coins by growth over the last 24 hours | Source: CoinGecko

Some of the Neiro tokens under the Pump.Fun project have also increased in value. According to CoinGecko data, one Neiro token is up 54.7% for the day, while another has gained 44.6%.

The ranking of pools by trading volume on DEX over the last 24 hours | Source: GeckoTerminal
The ranking Pump.Fun coins by growth over the last 24 hours | Source: CoinGecko