The popular meme coin $Neiro has sparked PVP (Player vs Player) discussions, but does this mean that meme coins are no longer playable?

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Trump’s speech at the 2024 Bitcoin Conference yesterday made headlines in the global media. For more details, please see: " Full text of Trump’s speech at the 2024 Bitcoin Conference: Will establish a strategic reserve of Bitcoin and fire Gary Gensler "

Although Trump's speech was in the early morning Beijing time, many meme players stayed up late to wait for some new Trump concept treasure meme coins, such as $FIGHT and $FEARNOT. However, many people may be disappointed. Although Trump's popularity is very high this time, there is really no popular meme coin. On the contrary, $Neiro has taken away the popularity and funds.

The whole incident was caused by @kabosumama , the owner of Kabosu, the prototype of Dogecoin, who announced yesterday that he had adopted a new pet named Neiro. Kabosu died at the end of May this year. As soon as the news was announced, it triggered the pursuit of meme hunters. Soon someone created Neiro coins on the Solana chain, and there were more than one. Among them, there are two that were released the earliest and have a relatively large market (trading volume, market value, liquidity):

$NEIRO:

Market capitalization: $22 million, 24-hour trading volume: $245 million, liquidity: $1.6 million (on Raydium); Contract address: CTg3ZgYx79zrE1MteDVkmkcGniiFrK1hJ6yiabropump

$Neiro:

Market value: $54.3 million, 24-hour trading volume: $335 million, liquidity: $2.6 million (on Raydium); Contract address: CTJf74cTo3cw8acFP1YXF3QpsQUUBGBjh2k2e8xsZ6UL

Although Neiro's owner clearly stated that these meme coins had nothing to do with her, it still couldn't stop players from chasing them. The simultaneous appearance of multiple Neiro concept coins triggered a PvP war.

Regarding how Neiro coin became a phenomenal meme, 0xSun published some review summaries about Neiro: " Review of the meme new coin $Neiro: How it stole Trump's limelight ".

Next we want to talk about the discussion Neiro sparked about the current PVP (player vs player) situation on the meme track.

We all know that the current PVP level in the crypto industry is already quite bad, especially the meme part. The community KOL expressed his opinion on the PVP between $Neiro and $NEIRO:



















Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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