The crypto market in 2024 has been dominated by meme coins, with NEIRO emerging as a highly contested coin. This article explores whether NEIRO is a good long-term investment and if it has the potential to reach $1 during the current bull run. Examining a NEIRO market cap analysis, the article delves into other opportunities exploding in the crypto market. The success of meme coins like DOGE, inspired by the Shiba Inu meme, has set the stage for NEIRO to rise in popularity and value.
Currently, NEIRO is trading at $0.001776 with a market cap of $747,923,036, ranking it at #102 according to CoinGecko. To assess whether NEIRO can reach $1, the article explains that price equals market cap divided by circulating supply. With a circulating supply of 420,690,000,000, a market cap of $420,690,000,000 would be needed for NEIRO to achieve a $1 price. However, reaching such a market cap would make NEIRO a global economic force comparable to large corporations like Samsung and Tesla.
While a $1 price for NEIRO may seem unlikely, the article explores the potential for significant growth. Comparing NEIRO to other meme coins like Pepecoin, which has a market cap of $3,952,521,114, suggests a potential price of $0.009395 for NEIRO. In parabolic market conditions, NEIRO could potentially reach a $20Bn market cap, resulting in a price of $0.0475. Although this falls far short of $1, it still offers an appealing return on investment.
For investors seeking 100x returns, the article suggests looking at coins with low market caps. Pepe Unchained, with a market cap of $18M, offers substantial growth potential. Comparing PEPU to NEIRO’s market cap, a potential price of $1.24 for PEPU is highlighted. With the current price of $0.00995, investors could see a potential 125x return if PEPU reaches NEIRO’s market cap. The allure of meme coins lies in the potential for life-changing returns, and coins like PEPU offer exciting opportunities for investors.
Pepe Unchained is positioned as a project that goes beyond a traditional meme coin. It aims to revamp the legendary Pepecoin on a high-speed, low-cost layer-2 ecosystem. By addressing the limitations of Ethereum and offering a new ecosystem for meme coin development, PEPU presents itself as the next generation of meme coins. With plans for a DEX, block explorer, cross-chain bridge, and development fund, PEPU seeks to enhance the meme coin experience. Engaging with the Pepe Unchained community on X and Telegram can keep investors informed about the project and its potential for growth.
