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The Neiro price skyrocketed 230% in the last 24 hours to trade for $0.05191 as of 07:30 a.m. EST.

It comes amid an ongoing profit controversy and ID confusion between two tokens, as InsideBitcoins reported on July 29. The other Neiro’s price has slumped 52%, CoinGecko data shows.

The token continues to trend on X (formerly Twitter), with the developer’s $2.85 million profit still turning heads.

OG $neiro shows hella strength after the rogue admin debacle
— ab76 (@playerab76) July 30, 2024

“They literally hacked the tg and X and tried to destroy NEIRO but it didn’t work it backfired and made us 100x stronger,” one trader reported. Believers continue to stand with the project despite ongoing FUD.

I’ve been following $NEIRO (@NeiroWoof) since day one, and they’ve really been through hell over the past 3 days.
They’ve faced FUD, scammers, and even a hacked TG, yet they always manage to regroup.
The strongest communities always prevail in the end.
— Asimov (@AsimovBTC) July 30, 2024

There has been a deluge of Neiro meme coins launched since the owner of Kabosu, the late Shiba Inu canine who birthed the Dogecoin meme coin and thus the entire meme coin sector, announced the adoption of a new Shiba Inu dog called Neiro.

Kabosu passed away in May, but its Japanese owner announced on July 27 a “new family member,” leading to an influx of tokens based on Neiro.

Neiro Price Prediction

The Neiro price is trading with a bullish bias on the hourly timeframe, recording higher lows as it holds above the Fibonacci Golden Zone. However, this upside momentum appears exhausted, with a pending sell signal on the Moving Average Convergence Divergence (MACD).

Similarly, the Relative Strength Index (RSI) is southbound and could break below its ascending trendline if selling pressure increases. If both the MACD and RSI break below their supporting trendlines, the Neiro price could extend the fall.

Notably, even the MACD’s histograms are paling out, suggesting waning momentum, which tilts the odds further in favor of the bears. A break and close below the 50% Fibonacci placeholder would solidify the case for the bears.

GeckoTerminal: NEIRO/USD 1-hour chart

On the other hand, if the bulls recover the market and the RSI bounces atop its trendline, the Neiro price could climb again. A break and close above the 78.6% Fibonacci retracement level of $0.06367 would confirm the case for the bulls.

Meanwhile, YouTuber Austin Hilton has told his 272k subscribers that The Meme Games (MGMES) meme coin will be huge.

And analyst Jacob Bury told his YouTube subscribers that MGMES has the potential to 100x after launch.

Promising Alternative To NEIRO

The Meme Games is a gamified meme token comprising popular crypto meme coin characters.

It is being launched amid the ongoing buzz around the 2024 Paris Olympics and fuses the competitive spirit of the Olympics with the vibrant, fun-filled world of meme coin culture. It’s already amassed almost $300K.

The novel meme coin project has emerged with a unique P2E ecosystem. It involves a gamified presale and offers a chance to interact with the Olympic Games in a whole new way.

Participants in the presale receive bonuses for winning events as the project aims to capitalize on the hype surrounding the Olympic Games in Paris.

🌺 $BRETT was honoured to be chosen to be the star of the Olympic opening ceremony! ⭐️#Olympics #Paris2024 #OpeningCeremony pic.twitter.com/ztRuzEiQ8j
— The Meme Games (@MemeGames2024) July 29, 2024

You can choose between meme coin giants PEPE, DOGE, BRETT, TURBO, and WIF to compete as athletes in the blockchain version of the Olympics. Backing the right one results in a 25% bonus on your investment in the token. MGME