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Neiro (NEIROCTO): The Second Meme Coin Vitalik Buterin Interacted with After SHIB

Neiro (NEIROCTO): The Second Meme Coin Vitalik Buterin Interacted with After SHIB

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2024-10-08 | 5m

What is Neiro (NEIROCTO)?

Neiro (NEIROCTO) is a meme coin that is known as the "heir" to Dogecoin, one of the most famous meme coins ever created. However, Neiro is not just another Dogecoin copycat; it has a unique backstory and a strong sense of purpose.

Neiro’s origin is closely tied to Kabosu, the Shiba Inu that became the face of Dogecoin. Kabosu passed away in May 2024 at the age of 17, marking the end of an era for the Dogecoin community. Shortly after, Kabosu's owner adopted a new Shiba Inu named Neiro, which sparked a wave of excitement among crypto enthusiasts and led to the creation of several Neiro-inspired tokens on both the Solana and Ethereum blockchains.

Yet, one Neiro project quickly stood out from the rest: Neiro CTO (Community Takeover). It was the first Neiro token to launch on Ethereum and, as of today, leads in market capitalization among all the Neiro-related tokens.

On August 4th, 2024, Neiro hit a major milestone when it captured the attention of Ethereum co-founder, Vitalik Buterin. At exactly 11:59:59 PM UTC, during the new moon, Neiro officially launched on Ethereum. A few days later, in a reply to a community member on social media, Buterin confirmed that he had made a donation of over $500,000 to an animal welfare fund, marking his second-ever interaction with a meme coin (the first being with Shiba Inu in 2021).

This interaction not only brought more attention to Neiro but also helped solidify its reputation as a project with a purpose beyond the memes. Buterin’s involvement, although brief, signaled to the wider crypto community that Neiro was a project worth paying attention to.

Neiro (NEIROCTO): The Second Meme Coin Vitalik Buterin Interacted with After SHIB image 0

Who Created Neiro (NEIROCTO)?

Here’s where the story gets a little mysterious: we don’t know who the original creator of Neiro is. Like many meme coins, Neiro was initially developed by an anonymous team. However, things didn’t go smoothly at the start. The original developers of the project disappeared, leaving the community behind. This could have been the end of Neiro, but instead, something incredible happened—the community took over.

This is why Neiro CTO, the first Neiro token on Ethereum, is also known as the “community takeover” token. When the original creators left, the community rallied around Neiro and decided to push it forward. Now, Neiro is 100% community-owned and managed. This means that there are no centralized powers controlling the token. Everything is decided and operated by its holders and supporters.

What VCs Back Neiro (NEIROCTO)?

Neiro didn’t have any backing from venture capital (VC) firms. This lack of VC backing has actually worked in Neiro’s favor. Without any large investors to answer to, the community has full control over the direction of the project.

In the world of meme coins, community is everything. Dogecoin and Shiba Inu both thrived because of their passionate fan bases, and Neiro is no different. It thrives on the dedication, humor, and passion of the people who support it. The lack of institutional involvement allows the Neiro community to stay true to its original vision: transparency, humor, and giving back.

How Neiro (NEIROCTO) Works

The story of Neiro is one of resilience, much like the dog that shares its name. Neiro, the Shiba Inu, was originally abandoned by her owner and ended up in a stray dog shelter before being adopted by the same woman who once owned Kabosu. This touching story mirrors the journey of the Neiro token itself—originally abandoned by its creators, but rescued and revived by the very people who believed in it.

Since the community took control of Neiro, they have focused on making it more than just a cryptocurrency. Neiro has made a commitment to giving back, particularly to animal welfare. The team behind the project has already made donations to the shelter that once housed the real-life Neiro, and they plan to continue supporting charitable causes as the project grows. This focus on charity is one of the things that sets Neiro apart from many other meme coins that exist solely for speculation or fun.

Neiro also is a highly secure and transparent token. One of the key reasons for this is the fact that Neiro is 100% community-owned, with no centralized ownership or control. This means that no single person or group can manipulate the project for personal gain.

Neiro has several features that make it one of the more secure meme coins on the market:

No Buy/Sell Fees: Neiro has 0% buy and sell fees, meaning that users can trade the token without worrying about excessive transaction costs.

Verified Contract: Neiro’s smart contract is verified, which ensures that the code is transparent and free of any hidden tricks or traps.

Renounced Ownership: The ownership of the Neiro contract has been renounced, meaning that the original developers no longer have any special control or permissions over the token. This prevents any centralized control over the project.

Liquidity Burned: Over 99% of Neiro’s liquidity is burned, ensuring that there is no risk of a rug pull. This makes Neiro a safer investment compared to some other meme coins.

NEIROCTO Goes Live on Bitget

Neiro has grown rapidly since its launch, and its on-chain stats are impressive for a meme coin. As of now, Neiro has a market capitalization of $695.69 million, with liquidity of $11.57 million and a 24-hour trading volume of $13.79 million. These numbers show that Neiro has captured the interest of traders and investors alike, thanks to its strong community, charitable focus, and secure tokenomics.

How to Trade NEIROCTO on Bitget

Step 1: Go to NEIROCTOUSDT spot trading page

Step 2: Enter the amount and the type of order, then click Buy/Sell.

Trade NEIROCTO on Bitget now!

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

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