Will Neiro Get Similar Popularity Like Shiba Inu Dog Kabosu

Coingapestaff
July 29, 2024
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Will Neiro Get Similar Popularity Like Shiba Inu Dog Kabosu

Highlights

  • Kobosu's family welcomes a new Shiba Inu dog, Neiro.
  • Speculations about the new dog gaining as much popularity persist, attributable to the launch of three meme coins.
  • Two Neiro themed meme coins launched atop Solana, while one on Ethereum.

The latest buzz of the crypto realm, Neiro, has sent tongues wagging across the broader industry. Following the death of Shiba Inu dog Kabosu, who was the face of Dogecoin, the “mother of Kabosu” recently posted a picture of her new Shiba Inu dog, Neiro. Subsequently, the crypto realm saw the launch of three new meme coins with the same name. However, the question that prevails in the market is, “Will the new dog gain the same popularity as the Shiba Inu dog Kabosu?”

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Dogecoin Family Welcomes Neiro

According to a recent X post by ‘mother of Kabosu,’ a new Shiba Inu dog was welcomed to the family. Although the dog is not an endorsement of the newly launched dog-themed meme cryptocurrencies, rumors about it have landed market participants in speculation.

It’s worth mentioning that a recent post by ‘Kabosumama’ aka Dogemother Atsuko Sato, stated, “I see many tokens related to Kabosu and Neiro. To clarify, I do not endorse any crypto project except @ownthedoge.” This statement is primarily attributable to the original Doge photo and IP (which Dogemother handed to concerned authorities) and is committed to doing only good every day, charitable works, and Doge culture, as mentioned in the X post.

This statement has shrouded the optimistic chances for the new dog-themed cryptocurrencies in a could of unsurity. Nonetheless, these coins appear to have managed to garner significant attention despite the abovementioned drawback.

Also Read: Gemini Co-Founder Warns of Kamala Harris’ ‘Big Bluff’ to Crypto Industry

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New Dog Coins: What’s The Scoop

Notably, among the three new Neiro-themed cryptocurrencies launched, two function atop the Solana blockchain, whereas one works on Ethereum. Overall, the primary rivalry between the coins remains to become the “True Neiro” meme coin.

However, chances of the new Shiba Inu dog gaining as much popularity remain slim, as pointed out above. This could also present as a setback for these coins.

Meanwhile, Lookonchain recently spotlighted that the dev of the new dog meme coin on Solana made a whopping 5,169x gains. The dev spent only 3 SOL, worth $552, to make 15,508 SOL, worth $2.85 million, trading the new dog-themed token. This chronicle has in turn raised speculations about one of the coins on Solana being a possible ‘honeypot.’ Nevertheless, crypto market enthusiasts continue to extensively eye the token.

Also Read: Biden’s Proposed SC Reform Takes Aim At Donald Trump Immunity Ruling

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.