NEIRO (Neiro) increased by 1.54% in the last 24 hours.

Gate News Bot news, July 31, according to CoinMarketCap data, as of the time of writing, NEIRO (Neiro) is currently priced at $0.00043335, with a rise of 1.54% in the last 24 hours, peaking at $0.00048548 and dipping to $0.00040069. The current market capitalization is approximately $182 million, an increase of $2.77 million from yesterday.

Neiro is not just another meme coin. It is a movement that embodies the true spirit of the internet. Rescued and rebuilt by a passionate community, Neiro represents transparency, kindness, and real impact. Through its legally licensed meme identity and over $300,000 in grassroots donations, Neiro demonstrates that when memes are driven by purpose and people, they can create lasting change.

Important recent news about NEIRO:

1️⃣ Large institutions continue to increase their holdings of NEIRO Well-known market makers such as Wintermute continue to buy large amounts of NEIRO tokens, indicating that institutional investors are optimistic about NEIRO in the long term. This continuous institutional buying behavior may provide strong price support for NEIRO, helping to stabilize and enhance its market capitalization.

2️⃣ NEIRO price experienced a peak pullback NEIRO recently broke through its historical high, followed by a significant pullback. Some investors chose to take profits, resulting in considerable selling pressure in the short term. This price volatility reflects the market's divergence and uncertainty regarding NEIRO's valuation, and also provides potential entry opportunities for new investors.

3️⃣ Community drive continues to strengthen NEIRO continues to showcase its characteristics as a goal-driven token by maintaining its popularity through active community involvement and real-world impact. Its significant donations to grassroots initiatives not only enhance the project's social value but also contribute to the long-term development potential and investment attractiveness of NEIRO.

From a technical perspective, the NEIRO price has entered an adjustment phase after a significant pump, and it may continue to face certain downward pressure in the short term. However, considering the continuous buying from institutions and the support from the community base, the medium to long-term trend of NEIRO still deserves attention.

This message is not intended as investment advice; investors should be aware of market volatility risks.