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Abstract
First Neiro On Ethereum was the first Neiro token to deploy on Ethereum.
The First Neiro on Ethereum has attracted the attention of Ethereum founder Vitalik Buterin and is currently run by the community.
The First Neiro On Ethereum is named NEIROCTO, with an initial supply of 420.69 billion tokens.
What is First Neiro On Ethereum
First Neiro on Ethereum (contract address: 0x812ba41e071c7b7fa4ebcfb62df5f45f6fa853ee) was the first Neiro token deployed on the Ethereum blockchain and captured the attention of Ethereum founder Vitalik Buterin at 11:59:59 PM (UTC) on August 4, 2024. A few days later, replying to a community-member-run X account, Vitalik confirmed that he had donated more than $500,000 to an animal welfare fund. This marked the 2nd time ever that Vitalik has interacted with a meme coin, the first one being the SHIB token in 2021. Justin Sun also openly endorsed the project for its strong community and called for it to be listed on HTX, which then became the first major exchange to support trading of NEIROCTO.
Dogecoin (DOGE) is well-known in the cryptocurrency market for its mascot, Kabosu, the iconic Shiba Inu. However, following the passing of Kabosu, Atsuko Sato, Kabosu's owner, recently adopted a rescue dog named Neiro. As the first Neiro token deployed on Ethereum, First Neiro On Ethereum was abandoned by its founder after creation and subsequently rebuilt by the community. This community-driven project, akin to Shiba Inu, considers itself the legitimate heir to the DOGE meme and has garnered relatively high market attention.
The Meme Narrative and Advantages of First Neiro on Ethereum
In the realm of memes, stories and emotions are often powerful drivers of the market. Neiro's birth is a legendary tale that fits perfectly into this narrative. Neiro, a "sister token" to the famed Dogecoin ($DOGE), continues and evolves the meme culture initiated by Kabosu. Neiro carries a collective sentiment, serving as a symbol of both nostalgia for past cherished memories and hope for the future. This emotional resonance has sparked immense interest in the Neiro token, driving its price to soar. The Neiro token has evolved beyond a mere investment opportunity, becoming a symbol imbued with cultural and emotional significance.
First Neiro on Ethereum—as the first NEIRO token deployed on Ethereum—benefits from a first-mover advantage. Additionally, its interaction with Ethereum founder Vitalik Buterin enhances its legitimacy as the successor to DOGE’s sister token, thus earning strong community support. Beyond this, the founder of First Neiro on Ethereum abandoned the project soon after its token launch, passing it into the hands of the community. This is reminiscent of Shiba Inu’s journey and has sparked broad market empathy. Neiro also better embodies the community-driven nature of Web3 governance. Overall, First Neiro On Ethereum is currently one of the strongest contenders for the legitimate heir to the NEIRO legacy.
Risk Warning for Meme Tokens
The First Neiro On Ethereum is named NEIROCTO, with an initial supply of 420.69 billion tokens, indicating substantial circulation. However, it's worth noting that Meme tokens heavily rely on the continued engagement of their community. A decline in community participation could negatively impact the project. Meanwhile, as a meme token, NEIROCTO is susceptible to market sentiment and speculative trading, leading to significant volatility in prices. At present, there are several Neiro-themed tokens, and the market will determine which one becomes the true successor.