Neiro Skyrockets on Election Rally: Will Coinbase Perp Futures Trigger New ATH?
NEIRO price rallying after Coinbase announces PERP listing. Pepe Unchained presale raised over $25 million. Is PEPU the next meme coin star?
Crypto prices roared on November 6, pumped by the Donald Trump victory.
A pro-crypto leader leading the free world is the trigger most analysts say will lift valuation to record highs. Among the top gainers was NEIRO on Ethereum.
NEIRO Price Explodes: Dog Coins Are Back In Spotlight After US Election
According to Coingecko, NEIRO
Price
Trading volume in 24h
Last 7d price movement
is up 30% in the past day, extending gains and shaking off weakness of the second half of October.
Most importantly, and looking at technical candlestick arrangements, the coin is within a bullish breakout formation.
At this pace, not only does it seem like prices are finding a perfect anchor from early November, but if bulls stack on, the meme coin may fly to register fresh all-time highs.
It is a preview most analysts think will pan out in the coming days.
On X, one said the token would breeze above October highs, where the resistance is at $0.00233208.
$NEIRO about to reach a new ATH! LFG! @neiro pic.twitter.com/JO9j2r54ph
— David (@Evol_D_ART) November 7, 2024
If that happens, it would be a milestone for the meme coin.
NEIRO is currently up 86,740% from August lows, securing a slot in the top 10 most valuable meme coins.
Currently, it is narrowing the gap with MOG as NEIRO eyes the $1 billion market cap, joining the coveted group of blue chip meme coins.
(Source)
Coinbase Lists NEIRO Perps: Could This Power a New ATH?
The optimism centers on Coinbase’s recent announcement.
Following Binance’s move, the exchange posted on X that it would list the first perpetual futures for NEIRO today, November 7.
@CoinbaseIntExch will add support for First Neiro On Ethereum perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our NEIRO-PERP market will begin on or after 9:30 am UTC 7 NOV 2024. $NEIRO pic.twitter.com/DZfSgm64Z3
— Coinbase International Exchange 🛡️ (@CoinbaseIntExch) October 31, 2024
Past exchange listings of meme coins, including PEPE on Binance, catalyzed sharp price gains: Will NEIRO follow this trend, allowing bulls to sustain the upward momentum?
EXPLORE: Next 1000x Crypto – 15 Coins That Could 1000x in 2024
Pepe Unchained Presale On Fire: Over $25 Million Raised
With a focus on NEIRO, attention is also on another top-tier meme coin project with massive utility, Pepe Unchained (PEPU).
Pepe Unchained developers see an opportunity as the meme coin industry booms, pushing valuation soaring above $72 billion at press time.
They are currently crowdfunding, raising over $25 million, a $10 million increase in less than one month.
What’s more, unlike Bitcoin or Ethereum, which can be bought for thousands of dollars, anyone, anywhere in the world, can buy PEPU for just $0.01229.
PEPU Buying Frenzy Continues: Here’s Why
It may be a wise reason to buy PEPU now.
Investors are pouring in because of what Pepe Unchained plans to do.
Central to their agenda is building a dedicated layer-2 platform like Arbitrum and Base but for meme coins.
The Ethereum layer-2 will be called Pepe Chain.
Riding the “Pepe” brand, the platform will be the first in the expansive Ethereum ecosystem and serve the many meme coin traders and developers.
Most importantly, Pepe Unchained will serve the frustrated community, which is disappointed by the mainnet’s high fees.
While Ethereum can process only 15TPS at peak, falling much lower during network congestion, Pepe Chain will offer blistering fast transactions at lower fees, even when everyone wants to launch on the main net, pushing fees higher.
Building A Thriving Meme Coin Community
Aware that a vibrant community is what’s needed for prices to boom, Pepe Unchained has initiatives like “Pepe Frens with Benefits,” where qualified developers receive funding to launch meme coins and other meme coin-centric dApps on the “Pump Pad.”
Additionally, PEPU buyers who want to earn more rewards can stake and earn a 94% APY.
As crypto enters a “golden” age, analysts predict a thriving ecosystem could see PEPU rally on the listing, possibly outperforming NEIRO, Dogecoin, and even the more popular Solana meme coins like GOAT.
FIND OUT MORE ABOUT PEPE UNCHAINED HERE
EXPLORE: Donald Trump Just Changed Everything For Crypto After New Bitcoin All Time High
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