What is Neiro (NEIRO)?

Neiro (NEIRO) is a new cryptocurrency that will be launched in mid-2024 and is inspired by the Dogecoin community. Built on the Ethereum blockchain, Neiro has a completely community-focused approach with no trading taxes or pre-allocated team tokens. Named after the new dog adopted by the owner of Kabosu, the Shiba Inu dog that gave life to the famous Doge meme, Neiro quickly gained great attention and value. This project, which started as a “meme coin,” has gained a remarkable place in the crypto market thanks to its strong community support, limited supply, and technological features.

Definition and Origin of Neiro

What is Neiro? Neiro was designed as a dog-themed meme token and is one of the newest representatives of the trend that started with Dogecoin. After the legendary Shiba Inu named Kabosu passed away in May 2024, his owner Atsuko Sato adopted a new Shiba Inu and named him Neiro. This news created great excitement in the crypto community, leading to the emergence of various tokens called Neiro. In particular, multiple Neiro tokens were launched on the Solana and Ethereum networks over the weekend. Initially, two different Neiro projects stood out, one of which quickly reached a market value of $100 million. However, this early rise was followed by a sharp sell-off as discussions began among the communities about “which is the real Neiro?”

Despite this chaotic start, the “First Neiro on Ethereum” project, referred to as the “real Neiro” and launched on Ethereum, quickly stood out from the rest. Launched on the Ethereum network on July 27, 2024, this token was managed entirely by the Community Takeover (CTO) model, which was based on community ownership. Although the founding team was anonymous and disappeared shortly after, the Neiro community embraced the project and continued to develop it. For this reason, Neiro has become a 100% community-managed cryptocurrency without a central authority since its inception. The project’s smart contract ownership was left by the founders (renounce), and 99% of its liquidity was burned, minimizing possible rug pull risks. The fact that there are no taxes or deductions on purchase and sale transactions is also an important factor that increases user confidence. The story of Neiro’s emergence is seen as a tribute to the Dogecoin legend. Because Kabosu, who gave life to the Doge meme, is the owner’s new dog. Therefore, Neiro began to be referred to as the successor of Doge culture from the very beginning. In fact, in the crypto community, Neiro is also described as the “spiritual successor” of Dogecoin in the meme coin world.

Neiro History: Important Milestones

The Neiro project has a short but eventful history. As with other meme coins, Neiro has come to the fore especially with its sharp increases or decreases in price. Let's take a look at the milestones in Neiro's history, which has not even completed a year:

July 2024: The birth of Neiro

With Atsuko Sato's announcement of her new dog Neiro, many people started creating tokens with the same name. Neiro tokens on the Solana network in particular attracted great attention, and that weekend, transaction volumes on Solana even exceeded Ethereum. The developer of the first Neiro token to emerge made a profit of approximately $ 5.4 million from this wave of popularity. However, Atsuko Sato was disturbed by this unexpected crypto frenzy involving her name and stated on social media that one should be careful about such tokens, and announced that she had no official connection with any Neiro token.

August 2024: The community is rising

The Neiro (NEIRO) token, which was launched on Ethereum on August 4, 2024, has become a structure managed entirely by the community. At the beginning of the project, the founding team sent some of the tokens to Ethereum founder Vitalik Buterin. This strategy attracted attention as a move similar to the Shiba Inu project's 2021 token sending tokens to Vitalik. Indeed, a few days later, Vitalik Buterin confirmed that he donated more than $ 500,000 in income from selling Neiro tokens to an animal welfare foundation. Vitalik's interaction with Neiro was recorded as the second time the famous founder has been involved in a meme coin project after Shiba Inu.

September 2024: Exchange listings for Neiro

Community-managed Neiro has been rapidly developing and has also entered the radar of major players in the market. In September 2024, Binance, one of the world's largest crypto exchanges, listed the Ethereum-based NEIRO token. With this listing news, Neiro's price skyrocketed. Because it gained over 1100% in value in one day and reached an all-time high of $0.001502 in October 2024. The Binance listing greatly increased Neiro's visibility and liquidity. Moreover, a much wider audience of investors was introduced to Neiro. During the same period, other important platforms such as KuCoin and Bybit added NEIRO to their lists, rocketing the project's adoption rate.

October 2024: Significant price fluctuations

As of October 2024, Neiro managed to enter the top 100 most valuable cryptocurrencies by reaching a market value of over $900 million. During this period, large-scale investors, or whale accounts, made serious investments in NEIRO. The purchase of millions of dollars worth of Neiro by institutional-level institutions such as GSR Markets pushed the price even higher. Neiro achieved a tremendous uptrend, albeit briefly. However, due to the nature of meme coin markets, price volatility was quite high. Announcements that Binance would soon list another Solana-based NEIRO version caused confusion among investors. While some users criticized Binance's listing of different Neiro tokens, the price of the NEIRO token on Ethereum fell by more than 50% with this uncertainty.

2025: Official recognition and future steps

After the volatility of the first months, the Neiro project began to be built on more solid foundations. The community focused on developing various use cases and benefits so that Neiro would not remain just a joke token. As of 2025, innovations such as NFT collections, decentralized finance (DeFi) applications, and collaborations with other popular memecoins were on the agenda with Neiro. One of the most notable developments was the official securing of Neiro's intellectual property rights in April 2025. The Neiro community partnered with Own The Doge DAO, which is considered the guardian of Doge culture, to purchase the license to use the Neiro name and image from Atsuko Sato.

Thanks to this step, Neiro became the legal successor of the true Doge legend. Atsuko Sato also approved this license as a result of her discussions with the community, emphasizing that it was in line with Neiro's values ​​of community spirit, transparency, and philanthropy. With the license agreement, Neiro became one of the first officially licensed meme coins in history and gained legal protection against countless counterfeit tokens on the market.

Following this historic step, Neiro began new initiatives to keep Dogecoin's cultural heritage alive and expand its community. It was planned to launch a Neiro NFT collection within the scope of the license, and a portion of the income to be transferred to Atsuko Sato and charities. Adopting the slogan "Do Only Good Everyday", the community has donated nearly $300,000 to animal shelters around the world to date and continues its philanthropic activities. As of 2025, Neiro has solidified its success by being among the highest volume tokens on major exchanges such as Binance and OKX.

Why is Neiro Valuable?

There are multiple reasons behind Neiro's rapid popularity and its value by investors.

Limited supply and community hype

While many meme coins have an inflationary structure, launching with trillions of supplies, Neiro's supply is limited to approximately 420 billion tokens. This relatively low supply has created a sense of scarcity, especially within the community, and has fueled demand. Almost all of the supply is in circulation, and there are no shares reserved for specific individuals or teams. As a result, users who purchased Neiro early on have made significant gains as the price has risen, and these success stories have created a wide interaction on social media, causing more people to turn to Neiro with FOMO (fear of missing out). The thousands of percent increases, especially at the end of 2024, have made Neiro one of the most talked-about cryptocurrencies of the year, albeit for a while.

Community and fair distribution

Perhaps the most valuable aspect of the Neiro project is that it is completely community-driven. With the withdrawal of the founding team from the project, all decision-making processes and development steps have been entrusted to the community. This makes Neiro a truly decentralized cryptocurrency with no central governance or single leader. With no pre-allocated tokens for the team and smart contract ownership renounced, no founder or developer can come along and manipulate the project in their favor. Additionally, zero transaction taxes (no additional fees on purchases and sales) mean investors don’t incur any additional costs when buying and selling the token.

Technological infrastructure and areas of use

Although Neiro was born from a culture of humor, it has a technically solid infrastructure. Thanks to its operation in the ERC-20 standard on the Ethereum blockchain, it is included in an ecosystem compatible with smart contracts and decentralized applications (DApps). This makes it possible for the Neiro token to be used for various purposes on different platforms, not just for trading. For example, staking can be done with Neiro. In other words, users can earn new token rewards by locking their NEIRO tokens in smart contracts. The staking mechanism reduces the circulating supply in the market by encouraging long-term holding and contributes to price stability.

In addition, the Neiro community grants governance rights to token holders. In other words, NEIRO holders can vote on important decisions regarding the project and thus have a direct say in the future of Neiro. This type of decentralized governance is a valuable feature that distinguishes the project from others, especially in the DeFi field. Finally, the multi-chain strategy that combines the reliability of Ethereum and the transaction speed of Solana also adds value to Neiro.

Large investor support and liquidity

Another element that reinforces the value of Neiro is the strong market support that has formed around the project. In late 2024, Neiro entered the radar of some large-scale crypto investors. For example, GSR Markets, an international liquidity provider, became a strategic partner of the project by purchasing millions of dollars worth of NEIRO tokens. As a result, Neiro's market liquidity deepened and it was easier to list on major exchanges. The launch of NEIRO transactions on high-volume platforms such as Binance, OKX, KuCoin, Bybit increased the token's daily trading volume and circulation exponentially.

In fact, shortly after its listing on Binance, Neiro rose to the top 5 most traded tokens on Binance by global trading volume. In addition, the Neiro community has protected the project's image thanks to the intellectual rights it has obtained through the official license agreement and has prevented possible copycat projects.

Philanthropy and cultural heritage

The elements that make Neiro valuable are not only financial and technical. The community's philanthropic mission and commitment to Doge culture also give the project a separate meaning. Neiro gives the message that it is "not just here for fun, but also for good" by making regular donations to animal shelters and animal welfare organizations in the real world. In particular, the donations made to the shelter where the real Neiro dog, which inspired the project, once stayed and the efforts to keep the values ​​of the Dogecoin community alive create sympathy for the project in the hearts of investors. In this way, Neiro, unlike many other short-lived meme coins, has managed to offer a sustainable value because it has a meaningful purpose and an engaged audience around it.

Of course, all these do not change the fact that Neiro is a high-risk asset. Neiro's value is largely dependent on community interest, market trends and speculative sentiments. There are always sudden price fluctuations and investment risks. However, the unique aspects of the project and the progress it has made put Neiro in a special position among similar meme coins.

Who are the Founders of Neiro?

Who is the founder of Neiro? As we mentioned above, the story of the founding of the Neiro project is different from conventional crypto projects and is a bit mysterious. Neiro's founders are anonymous. The team that created the Neiro token during the first launch in July 2024 kept their identities secret and disappeared after the project gained popularity. In other words, there is no specific founding CEO, company or official team for Neiro. Although this situation created uncertainty at the beginning, community members embraced the project and it became a large organization. Although the withdrawal of the founding team seemed like a negative development, Neiro continued on its path thanks to the community takeover. Today, Neiro's management and development depend entirely on the collective will of the community. Although there are volunteers who are prominent in directing the project, they act as community moderators or leaders rather than official titles. For example, one of the leading members of the Neiro community is known to the public only by the nickname "S" and this person speaks on behalf of the community in important statements. However, "S" or other community leaders are not in the traditional sense of a founder or boss. Because decisions are made in a decentralized manner, through voting and consensus. Since Neiro's code infrastructure and smart contract were renounced (the right to ownership was abandoned) shortly after it was launched, no one has exclusive control over the smart contract.

Frequently Asked Questions (FAQ)

Below, you can find frequently asked questions and some answers about the cryptocurrency project:

• Which blockchain does Neiro work on: Neiro first entered the market as an ERC-20 token on the Ethereum blockchain. In other words, it technically inherits the security, transparency and smart contract capabilities of the Ethereum network. Since it works on Ethereum, you can hold and transfer NEIRO in Ethereum wallets (e.g. MetaMask). However, there are also different versions of Neiro.
• What are the features of Neiro coin?: The maximum supply of NEIRO on Ethereum is determined as approximately 420.69 billion units. A significant portion of this supply is distributed fairly to the community and locked in liquidity pools. The token's smart contract was published on Ethereum at 0x812b...a853ee and verified via Etherscan. Since the contract ownership is abandoned by the developers for security reasons, the code cannot be changed later, and since 99% of the liquidity is burned, the risk of rug pull (sudden exit scam) is minimized. In summary, Neiro is a multi-chain meme token that takes its technical infrastructure from Ethereum and also operates on Solana.
• What is the total supply of the Neiro token and what is the amount in circulation?: Neiro's total maximum supply is determined as approximately 420.69 billion (420,690,000,000) tokens. This figure has the "420" reference frequently encountered in crypto humor culture, and is also a more limited amount compared to the trillion-strong supply of other meme coins such as Dogecoin or Shiba Inu. According to CoinMarketCap data, almost all NEIRO tokens are in circulation – for example, as of May 2025, there were approximately 420.68 billion NEIRO in circulation. The distribution of the supply is extremely widespread and community-based, as there are no pre-mine or locked tokens reserved for any team or specific investor at the beginning. This means that no one, other than the initial investors, has control over an excessive amount of tokens. While the fixed supply (no new tokens are minted) prevents inflationary pressure, burns over time and mechanisms such as staking are also factors that can support the value per token by reducing the effective circulating supply.
• What are the differences between Neiro and Dogecoin?: When it comes to Neiro vs Dogecoin, while both are Shiba Inu-themed meme coins, there are significant differences between them. For example, Dogecoin is an independent cryptocurrency with its own blockchain, using a Proof-of-Work-based structure forked from the Bitcoin protocol. Dogecoin is mined and the total supply is constantly increasing with new Doges produced each year. In contrast, Neiro is not mined as it is a token on the Ethereum blockchain, inherits the consensus mechanism from Ethereum, and has a fixed maximum supply. In addition, when Dogecoin was created as a joke in 2013, it was technically a very simple cryptocurrency; it did not have smart contract support or advanced use cases. Neiro, on the other hand, has been designed to include current blockchain technologies and DeFi trends, with the advantage of being launched almost 10 years later. Neiro token holders can use DeFi protocols in the Ethereum ecosystem, earn returns by staking their tokens, or participate in governance votes. On the Dogecoin side, such opportunities are provided only through secondary projects (e.g. wrapped tokens such as Dogechain or wDOGE).
• Is Neiro investment safe and what should be considered?: It should be emphasized from the outset that there is no absolute guarantee in cryptocurrency investments. The technical measures mentioned above make Neiro safer than many anonymous meme coins. However, Neiro, like other meme coins, is an extremely volatile asset. Its price can rise very high in short periods of time, as well as experience sudden drops. For this reason, when investing in Neiro, it is important to trade in amounts that you can afford to lose despite all the attractive aspects of the project and not to neglect risk management.

Follow our JR Kripto Guide series for more about Neiro, known as the heir to Dogecoin, and other meme coins.