NEIRO rockets 50% in a day—here’s the fuel behind the frenzy

Another altcoin defies gravity while Bitcoin hodlers nap. NEIRO’s sudden surge smells like classic crypto alchemy: hype meets thin order books.

Whale games or legit demand? The usual suspects—exchange listings, influencer shills, or a ’partnership’ press release—probably lit the fuse. Meanwhile, retail traders FOMO in just in time for the inevitable pullback.

Pro tip: When a coin pumps this hard without clear fundamentals, even the ’buy the rumor’ crowd gets nervous. Enjoy the ride, but maybe keep one hand on your exit ladder.

Why’s Neiro rallying?

According to AMBCrypto’s analysis, Neiro has experienced an upswing on its price charts as buyers, both retailers and whales, return to the market to accumulate.

For starters, as reported by SpotOnChain, Neiro whales are back in the market.

Reportedly, a whale withdrew 32.53 million NEIRO (worth $3.01 million or 3.25% of supply) from Gate.io and Bybit, becoming the third-largest non-CEX holder.

Often, when whales turn to accumulation, it indicates strong confidence in the market as they anticipate prices to rise even further.

Source: Coinalyze

Retail buyers join the fray

Looking further, this buying activity is not only isolated to whales only, as retailer activity on the spot market has also surged.

As such, Neiro’s Spot Buy/Sell Volume indicated massive buying activity, with buyers scooping up 62.13 billion tokens, while sellers offloaded 58 billion.

That left a net positive delta of 4 billion tokens—tilting the market clearly in favor of buyers. This trend is validated by Neiro’s Exchange FLOW Balance, which has declined to -634.5 million.

A negative Flow balance suggests that the Exchange Outflow is higher than the Inflows. Thus, the memecoin is seeing more accumulating addresses than deposits, reflecting bullish sentiments.

Source: Santiment

Therefore, the rising demand, accompanied by massive accumulation, is behind the current gains on its price charts.

What’s next for the memecoin?

Looking at Neiro’s price DAA Divergence, the memecoin’s fundamentals are strengthening as a user base grows.

The DAA divergence has turned positive after holding within negative territory for a long period. A reversal here indicates that the current price is backed by strong demand, and active demand is outpacing price.

Source: Santiment

In short, if demand sustains, NEIRO could climb to $0.000386. However, if it fizzles out, the token may correct to $0.000267.