Neiro Crypto News: Sharp Decline Post Binance and KuCoin Listings

Neiro Crypto vs Shiba Inu: Who is the Actual Crypto Champion?

After an initial surge following its unexpected listings on Binance and KuCoin, Neiro Ethereum (NEIRO) has seen a significant price crash. The listing, which was anticipated to boost Neiro’s market value, instead resulted in a 45% price drop, leaving many holders frustrated. 

A week ago, Binance introduced Neiro crypto on its futures market, creating expectations for a spot market listing. However, the futures listing surprised the community, leading to a sharp decline in price. At the time of writing, Neiro coin is trading at $0.07589, down by 7.90% intraday, with a market cap of $75.81 million and a 24-hour trading volume of $63.16 million.

The Neiro coin price crash has also resulted in the highest levels of realized losses since its launch, according to data from Santiment. On-chain transaction volumes in loss hit 460 million, indicating widespread panic selling as holders attempted to minimize their losses.

Neiro Crypto vs Shiba Inu: A Detailed Comparison

When comparing Neiro Crypto with Shiba Inu (SHIB), several differences emerge in terms of price, market cap, and holder distribution. 

Current Performance: While Neiro coin price at $0.07589 with a market cap of $75.81 million, Shiba Inu, despite a lower price of $0.091469, boasts a significantly higher market cap of $146,927.82. 

Holders: Neiro has a smaller community, with 21,430 holders compared to SHIB’s massive 1.4 million holder base. Both NEIRO and SHIB show similarities in the top 10 holders owning 35% of the total supply. However, Neiro coin has fewer high-value holders, with only 606 holding more than $10,000, while Shiba Inu has over 13,500 such holders. 

Neiro’s recent holder decrease of 4% contrasts with SHIB’s slight increase of 0.057%. Despite these challenges, the Neiro community remains hopeful about future developments.

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