NEIRO Price Surges: Can It Break $0.0031?

The crypto market has seen a strong uptrend recently, memecoins have also seen explosive growth, and Neiro (NEIRO) is not to be outdone! NEIRO has seen strong gains over the past week, hitting new highs.

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Current Price: $0.002664

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24-hour gain: +12.06%

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Weekly gain: +30.29%

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Monthly gain: +26.91%
Despite NEIRO’s uptrend, the current price is still 15% below its all-time high from two days ago.

This raises the question: Can this uptrend continue? If so, how much potential does it have?

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Key Indicators:
RSI: Rising from 63 to 67 in 24 hours, indicating increased buyer interest.

MACD: Bullish, indicating strong upward momentum.

Exchange circulation: NEIRO's circulation balance on exchanges has dropped by 99.43%, alleviating selling pressure.

Number of holders: NEIRO's holders have increased to 19.8k, reflecting the bullish sentiment in the market.
With the buyer dominating the market, NEIRO is expected to break through the resistance level of $0.0031 and further set new highs!

#市场回调，观望还是上车？

Bitcoin plummeted due to Powell's hawkish remarks! But the crypto market is still full of opportunities!

Although Bitcoin fell due to Powell's hawkish remarks, there are still cryptocurrencies with great potential in the market!

At present, 3 currencies may have the opportunity to rebound up to 20-50 times!

1️⃣
WIF: Technically optimistic, it may break through the current resistance level and is expected to hit $5 in the future!

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BOME: Breaking through the descending triangle pattern, facing a new wave of rise, short-term bullish!

3️⃣
PEPE: Strong performance, both daily and weekly lines have risen sharply, and may set a new record high in the future!

Now is a good time to ambush these potential coins! You may regret it if you miss it!
#市场回调，观望还是上车？

[The crypto market pulled back on November 13, but Trump-themed coins rose against the trend]

According to SoSoValue data, the overall crypto market pulled back slightly today,

but Trump-themed coins performed well, with PNUT (Peanut the Trump) leading the sector with a 99.84% increase, becoming the biggest highlight!

Trump-themed coins continue to be hot

PNUT rose by nearly 100%, showing the strong momentum of Trump-themed coins and becoming the focus of the market.

Performance of other sectors
Despite the overall pullback, the Payment sector rose by 4.77%, and the Meme sector also rose by 3.39%, and the performance remained strong.

The short-term pullback did not change the active atmosphere of the market, and Trump-themed coins and payment projects continued to rise strongly!

#PNUT走高

According to SoSoValue data, the cryptocurrency market sector continues to rise 📈,

among which the AI sector leads with a 24-hour increase of 10.48%.

Notable projects include Worldcoin (WLD) up 24.11% and Render (RNDR) up 22.37%.

In addition, the Meme sector increased by 9.41%, with the leader Dogecoin (DOGE) up 19.57%.

The DePIN sector rose by 7.56%, Layer 1 increased by 2.58%, Layer 2 increased by 2.19%,

and the RWA sector rose by 1.44%.

#加密市场 #AI板块强势进击 #Meme

Galaxy Research Director Alex Thorn highlighted in a report that the Trump administration may have the following impacts on cryptocurrency policy:

Banking Regulation: Appointing new acting leadership and swiftly issuing guidance to prohibit unfair treatment of specific industries (Chokepoint 2.0), allowing banks to custody digital assets and interact with blockchain and stablecoins.

Market Regulation: Trump will elevate current SEC and CFTC commissioners to acting chair positions, temporarily suspending some cryptocurrency enforcement and litigation, providing the industry and regulators an opportunity for discussion.

Congressional Legislation: Legislation on stablecoins is expected to advance, but if the Republican Party controls the House, it may be delayed until after 2025.

Energy Policy: The Trump administration may benefit the development of energy-intensive entities like Bitcoin mining companies.

The report concludes that a lenient enforcement environment and progressive policies will attract traditional financial institutions, driving the expansion and maturation of cryptocurrency assets, with the potential for significant price increases within the next 12-18 months.
#特朗普加密政策承诺

Since 2024, Binance has launched a total of 15 Memecoin projects (including futures and spot), of which 80% of the tokens have significantly increased in market value after launch.

NEIRO has performed particularly well, with an increase of up to 7594%. Among the 15 Memecoin projects launched this year, over 80% belong to the zoo-themed Meme.

Specific network distribution: 60% are deployed on the Solana network, 26.7% on the Ethereum mainnet, and the remaining projects are distributed on BSC and Base, which is highly consistent with this year's Meme market battleground.

It is worth noting that 73% of the projects were concentrated from August to November. Only 5 projects launched both spot and futures simultaneously, reflecting Binance's relatively cautious attitude towards the spot market.

Currently, all launched Memecoin projects have a market value exceeding $100 million, with WIF leading the way at $2.51 billion in market value, while the project with the lowest market value is NEIRO (at $102 million).

Although the overall performance is good, $MOG, $BOME, and $MYRO are among the few projects that have seen a slight decrease in market value after launch. #Memecoin #币安

The SEC has recently launched a new round of regulatory actions against the crypto space, focusing on unregistered securities and compliance issues.

Some exchanges are cooperating to address these issues, while others are choosing to exit the U.S. market.

The market is thus turbulent, and token prices are fluctuating.

Although there is pressure in the short term, it may drive the crypto industry towards greater regulation and maturity in the long term.
#加密货币 #SEC

Market Dynamics

On November 8, SoSoValue data showed a slight overall pullback in the cryptocurrency market, but the AI + Meme sector rose against the trend, with an increase of 2.54%.

Highlighted projects include: FARTCOIN with a 24-hour increase of 36.16%, FLAVIA up 37.48%, and GNON up 24.67%.

In terms of mainstream assets, ETH rose by 1.19%, with its market share increasing to 13.51%; BTC rose by 0.87%, with its market share at 58.15%.

On the downside, the AI, GameFi, and Layer 2 sectors saw the largest declines, at 2.55%, 2.52%, and 2.41%, respectively. #Cryptocurrency
#山寨季将至？

$SHIB burn rate skyrocketed by 3674%, attracting market attention, but the price has still not broken through the 8-month slump.

The key lies in the $DOGE trend: recently, DOGE rose by 20%, breaking through $0.20, boosting market enthusiasm.

History shows that $SHIB often fluctuates with $DOGE.

If DOGE continues to rise, SHIB is expected to follow with a rebound.

Investors need to keep a close eye on DOGE movements!

#DOGE看涨情绪飙升

The results of the U.S. presidential election are in, with Trump elected, but the expected surge in MEME coins did not materialize.

Trump-related tokens like MAGA and TRUMP2 failed to achieve significant gains and instead experienced sharp declines. Harris-related tokens saw even greater losses, with some dropping over 90%.

Newly issued MEME coins briefly surged but quickly faced declines, with tokens like $EAGLE and $BSDNT dropping more than 90% at one point. Market funds shifted towards mainstream assets like Bitcoin, which reached new highs.

Why is this happening?

It could be due to the "buy the expectation, sell the fact" effect, market uncertainty, an oversupply of MEME coins, and a lack of strong narrative drive.

With Trump entering the White House, the future of the crypto community is filled with uncertainty.
#BTC创历史新高 #山寨季将至？

BTC has been volatile over the past two days. During this period, prices have tried to break through resistance levels several times but failed to gain traction, and market sentiment has been hesitant.

On Tuesday, BTC once tested a key resistance range, but failed to maintain its upward momentum and then fell back to a lower range.

On Wednesday, it showed some signs of consolidation, indicating that the market is looking for the next direction. The current tug-of-war between buyers and sellers indicates that prices may continue to fluctuate in the short term.

In the next few days, if BTC can break through and gain traction above key resistance levels, such as $76,000, the market may usher in a new round of gains, with the target of $78,500 or even higher. If market sentiment and trading volume cooperate, the upward trend may continue for a while, pushing prices to higher levels.

However, if BTC fails to break through the above resistance levels and falls below key support levels, such as $73,500, investors should be wary of possible downside risks. If it falls below support, BTC may further pull back to $71,000 or even lower.

In short-term operations, investors are advised to continue to pay attention to key technical points and combine stop-loss and take-profit strategies to cope with market uncertainties. Remain flexible and observe market trends to ensure a sound investment strategy in the midst of fluctuations.
#BTC创历史新高

🚨【Trump's Election Victory Triggers Stock Market Fluctuations】🚨
After Trump won the 2024 election, the stock prices of Tesla (TSLA.O) and Trump Media rebounded sharply. Tesla's pre-market increase exceeded 12%, and Trump Media's increase surpassed 10%. What logic lies behind this market reaction? 🤔

🔹 Surge in Market Sentiment: Trump's victory has led investors to hold an optimistic view of the future of American companies, especially Tesla and Trump Media. The potential benefits from Trump's policies, including tax incentives and business opportunities, have become catalysts for the stock market rise.

🔹 Strong Performance of Tesla: In addition to the impact of Trump's victory, Tesla's performance itself is also supporting the rise in stock prices. Support from electric vehicle and renewable energy policies, combined with its strong performance in global markets, means Tesla may continue to benefit under the 'America First' policy.

🔹 Potential of Trump Media: Truth Social, under Trump Media, may gain more attention and user growth. Trump's strong fan base and political influence provide highlights for the future development of Trump Media, leading to a positive market reaction.

💥 Short-Term Market Volatility: Trump's victory has brought about strong fluctuations in market sentiment, but it is also accompanied by uncertainty. Investors need to closely monitor the potential policy changes that may arise from the Trump administration, especially regarding trade, taxation, and environmental policies.

💡 Future Opportunities and Challenges: Companies like Tesla and Trump Media may gain more opportunities with the support of Trump's policies, but global economic uncertainty also exists. Investors should analyze rationally, avoid blindly following trends, and seize potential investment opportunities.

#特斯拉 #TrumpMedia #特朗普胜选

The Far-reaching Impact of Trump's Victory on the Cryptocurrency Market: Opportunity or Challenge?

If Trump wins the 2024 election, I think this could bring significant changes to the cryptocurrency market. Although he has not been very friendly towards cryptocurrencies in the past, the crypto industry has now deeply integrated into the global financial system, which may make his policies more cautious and strict.

First of all, I believe regulation may become tighter. The identity verification (KYC) and anti-money laundering (AML) requirements for exchanges and wallet service providers may be stricter, and the Trump administration may also impose higher standards for transparency and reserves of stablecoins. This could put considerable pressure on some small projects and non-compliant crypto projects.

However, if Trump implements economic stimulus policies, such as increasing infrastructure investment or cutting taxes, it could lead to inflationary pressures. In this case, cryptocurrencies like Bitcoin may be seen by more people as hedging tools, potentially attracting more capital into the market.

For altcoins, projects with strong compliance and solid technology may benefit, while those facing compliance issues may shift their focus to regions with looser regulations.

Additionally, Trump may also support the application of blockchain in other areas, such as supply chain management and identity verification, which could help promote blockchain technology further in the United States.

Overall, Trump's victory may drive the cryptocurrency market toward a more regulated and healthy direction. There may be some uncertainty in the short term, but in the long run, this is actually a good opportunity for innovation and development.
#BTC创历史新高 #特朗普胜选