This Trending Meme Coin Enters Crypto’s Top 100 Club Following Support From Coinbase

TL;DR

  • One particular meme coin experienced a substantial price boost after Coinbase listed perpetual contracts with the asset.
  • Its surge contrasts the downtrend observed with some leading memes such as DOGE and SHIB today (November 7).

Pumping Again

The dog-themed meme coin Neiro (NEIRO) saw its price soaring by over 20% in the past 24 hours, reaching a three-week peak of around $0.002. Its market capitalization exceeded $900 million, thus positioning the asset as the 96th-biggest in the entire sector and the ninth-largest in its niche.

NEIRO Price
NEIRO Price, Source: CoinGecko

The most probable reason triggering the rally is Coinbase’s decision to allow trading services with the asset. Specifically, the US-based crypto…

Source link