The meme crypto sector is buzzing with excitement as a new Shiba Inu named Neiro is introduced by the family of the beloved Dog Kabosu, the iconic face of Dogecoin (DOGE) who passed away in May. Neiro, whose name translates to “the color of sound,” is now stepping into the spotlight, reigniting interest and conversation in the meme crypto space. The announcement of Neiro’s arrival has quickly captured the attention of meme coin enthusiasts, inspiring the launch of three new Neiro-themed meme coins.
While Neiro herself does not endorse any new themed cryptocurrencies, her introduction has sparked a flurry of activity in the crypto community. The ‘mother of Kabosu,’ known as Kabosumama, welcomed the new family member with promises of a happy life, clarifying that she only endorses the @ownthedoge digital asset project because they own the original Doge photo and IP. This clarification by Kabosumama may hurt sentiments around the newly launched Neiro tokens, but community excitement appears to outweigh the drawbacks as the altcoins garner substantial attention.
Two of the three new Neiro-themed tokens have been launched on the Solana network, with one on the Ethereum blockchain. These tokens will likely compete for the title of “True Neiro” in the meme world, but the probability of gaining massive popularity remains low due to the saturation of the meme token sector with multiple dog-themed digital coins. As the current meme coin landscape sees themed tokens trading in the red following a Bitcoin retreat, market data shows a decline in meme cryptocurrencies over the last seven days, with top assets losing up to 15%.
Crypto pundit Reflection expects a historical surge in meme coins, with tokens potentially growing 1,000x in value. Neiro-linked altcoins may capitalize on this hype for surges to record highs, and meme crypto enthusiasts are eager to see whether the new Shiba Inu dog Neiro will gain popularity like the late Kabosu. If Neiro can replicate Kabosu’s trend, it could lead to robust growth for Neiro-themed cryptocurrencies. Despite the recent struggles in the meme coin sector as investors focus on utility over hype, analysts remain optimistic about the potential for meme tokens to go parabolic in upcoming rallies.
