First Neiro on Ethereum (NEIRO) has jumped 16% since Saturday – ending its sideways consolidation.
However can NEIRO hold rising, or is it only a non permanent reprieve?
In the meantime, Flockerz (FLOCK) continues to realize momentum in its presale and appears well-positioned to blow up as soon as it hits exchanges.
NEIRO Worth Soars After Binance Pay Integration
NEIRO has climbed to $0.0016, marking its highest worth in 5 days after efficiently defending key help at $0.0014 over the weekend.
This newest spike has pushed NEIRO up the meme coin rankings, the place it’s now flipped each MOG and GOAT when it comes to market cap.
Buying and selling exercise tells a equally bullish story.
NEIRO is now the third most traded meme coin previously 24 hours, simply behind Pepe (PEPE).
Spot volumes have hit $390 million, suggesting the token has severe shopping for momentum.
However what’s the catalyst?
One key issue is a large announcement made on Friday – that NEIRO has been integrated into Binance Pay.
This integration opens the door to over 236 million potential customers.
It additionally eliminates gasoline charges for retailers and customers on all NEIRO transactions, making the token a extra enticing possibility for on a regular basis funds.
Naturally, the partnership with Binance Pay has boosted demand for NEIRO.
NEIRO’s Technical Setup Factors to Additional Worth Beneficial properties
Technical evaluation suggests NEIRO’s rise might be greater than only a non permanent aid rally.
The token’s rejection of help at $0.0014 – which completely aligns with the 0.382 Fibonacci retracement stage – has arrange a bullish technical image.
Yesterday’s robust retracement candle on the each day chart provides to the confluence.
With increased highs and better lows additionally firmly established, NEIRO seems set to maintain rallying.
This opens the door for a push towards the 1.272 Fibonacci extension at $0.0027.
And if that breaks, then the 1.618 Fibonacci stage at $0.0032 presents one other potential goal.
Exterior elements might additionally work in NEIRO’s favor.
Subsequent week’s U.S. election looms massive, with some merchants betting a Trump victory will immediate a crypto bull run.
That may be nice information for meme cash like NEIRO.
Mix that with the strong technical setup, and NEIRO seems primed to proceed pushing increased.
Nevertheless, the coin has additionally confirmed able to capitulating previously.
So, although the indicators look promising, there’s each likelihood NEIRO might take merchants unexpectedly with an surprising drop.
May Flockerz Be the Subsequent Meme Coin to Explode as Vote-to-Earn Venture Raises $1.1M in Presale
NEIRO’s technical setup seems promising – however it’s not the one token catching merchants’ consideration.
Flockerz has additionally been constructing momentum in latest weeks.
Its presale has now raised over $1.1 million as merchants pile in to seize discounted FLOCK tokens.
A lot of the hype is round Flockerz’s Vote-to-Earn system that reimagines how meme cash function.
When key choices should be made – whether or not about advertising and marketing methods or token burns – FLOCK holders can vote by the Flocktopia DAO platform.
And in return, they’ll obtain extra FLOCK tokens.
This creates a cycle the place group engagement immediately interprets to crypto earnings.
Unsurprisingly, this strategy has gone down nicely with consultants.
Yellow Trades just lately launched a video about Flockerz to his 58,000+ subscribers, saying FLOCK will soar “to the moon.”
Fellow crypto professional Jacob Bury additionally endorsed Flockerz.
These two massive names have generated a lot of curiosity, with the venture’s Telegram channel seeing a spike in membership.
Including to the joy, Flockerz’s workforce has already had the venture audited by Coinsult and SolidProof.
Each corporations discovered no points with the good contracts.
In fact, since Flockerz is a presale venture, it’s nonetheless within the early days, and buyers ought to do their very own analysis.
Nevertheless, FLOCK might be well-positioned for an explosive trade launch with its artistic governance system, safety audits, and rising endorsements.
Disclaimer: The above article is sponsored content material; it’s written by a 3rd social gathering. CryptoPotato doesn’t endorse or assume duty for the content material, promoting, merchandise, high quality, accuracy, or different supplies on this web page. Nothing in it needs to be construed as monetary recommendation. Readers are strongly suggested to confirm the data independently and thoroughly earlier than participating with any firm or venture talked about and do their very own analysis. Investing in cryptocurrencies carries a threat of capital loss, and readers are additionally suggested to seek the advice of knowledgeable earlier than making any choices which will or will not be primarily based on the above-sponsored content material.
Readers are additionally suggested to learn CryptoPotato’s full disclaimer.
Binance Free $600 (CryptoPotato Unique): Use this link to register a brand new account and obtain $600 unique welcome supply on Binance (full details).
LIMITED OFFER 2024 at BYDFi Change: As much as $2,888 welcome reward, use this link to register and open a 100 USDT-M place totally free!