This trend of repairing indicators by sideways trading shows strong performance. However, in a more fragile environment of the broader market, it may be uncomfortable to go against the trend. However, on the positive side, if Bitcoin forms a small-level bottom here, Neiro may resonate with Bitcoin in the short term and continue to break upward.
Currently, BN's 24-hour trading volume ranks fifth, its popularity ranks eighth, and its market value has rebounded to US$700 million. For new currencies, it is very important to observe their popularity. If the popularity can be maintained, the risk is relatively small; on the contrary, if the popularity drops, vigilance is needed.
Why is Neiro mentioned frequently recently? As I said before, the opportunities in the currency circle are mainly in altcoins, and the current altcoin market cannot find too many varieties worth operating, so we can only focus on those projects with higher popularity, which is the logic.
