The Shiba meme coin is a category that involves the top membrane coins of each chain. In relation to this, First Neiro on Ethereum has received much attention since July 2024 because it combines controversy, innovation, and humor at once. Positioned within the same cultural framework that propelled Shiba Inu and Dogecoin to fame, First Neiro on Ethereum is carving its niche in the Ethereum blockchain.
The Shiba Inu Memecoin First Neiro on Ethereum
First Neiro on Ethereum, often abbreviated as NEIRO, debuted during a surge of meme coins adopting “Neiro” branding. It has a maximum supply of 420.69 billion tokens and is based on the Ethereum blockchain while claiming priority for fair distribution and accessibility. Though its market capitalization started at just $8 million, NEIRO did draw much attention during the very first hours of its life for its wild airdrop approach and wild price action.
Tokenomics
- Token Name: Neiro (First Neiro On Ethereum)
- Ticker: NEIRO
- Blockchain: Solana
- Contract: 0x812ba41e071c7b7fa4ebcfb62df5f45f6fa853ee
- Total Supply: 420.690.000.000 NEIRO
- Circulating Supply: 420.678.454.859,32 NEIRO
If you are looking for similar dog meme coins to invest in, check out our Top Dog Meme Coin for 2025.
Airdrop Controversy and Vitalik Buterin’s Role
One of the most notable moves by First Neiro on Ethereum was a 17.15 billion NEIRO token airdrop to Ethereum co-founder Vitalik Buterin. The gesture, intended to promote the coin, backfired when Vitalik sold the entire amount shortly after receiving it. This decision caused a dramatic 60% dip in NEIRO’s value, leading to widespread skepticism about the project’s legitimacy.
However, the story took a positive turn when Vitalik donated the proceeds—200 ETH—to support a stray dog shelter. This philanthropic move reignited interest in NEIRO, propelling its market cap from $3 million to $40 million in just three days.
Listing on Binance: A Game-Changer
It started stirring waters on Ethereum when First Neiro was listed on Binance on September 16, 2024, alongside Baby Doge Coin and Turbo. While those two other projects took their fair share of moderate growth, the meme coin Shiba Inu’s value literally flew to the moon, having reached as high as 10x in less than 24 hours, driving its market capitalization to over $155 million. That swift rise put NEIRO among the top contenders in the Shiba meme coin. You can read more in the Official announcements of Binance.
Community and Market Impact Like the rest of the Shiba meme coin family, NEIRO lives on community and leveraging memes for marketing. After some initial bumps, it surely does capture the imagination of crypto enthusiasts worldwide, piecing together chunks of humor, charity, and financial growth prospects. First Neiro on Ethereum is representative of how the world of meme coins is changing—just as unbearably unpredictable as it is fascinating. It went on to prove how strong internet culture can be, how determined blockchain technology has become, and the collective undertakings of its community. Visit MevX to grow your assets!
The content of this article is provided for informational purposes only and should not be considered investment advice, financial advice, or any other type of professional advice.