Neiro Ethereum (NEIRO) has demonstrated notable market activity with a 4.05% increase in its price over the past 24 hours, bringing the price to $0.1908. This surge highlights the dynamic nature of the NEIRO token and the increasing interest it garners within the cryptocurrency community.
NEIRO’s market capitalization stands at approximately $190,760,976. Despite the market cap being zero in percentage change, this significant valuation places NEIRO in the #234 position among cryptocurrencies, indicating a solid market presence.
The stability in market cap percentage suggests that the price rise has been consistent with the overall valuation, maintaining NEIRO’s market standing without drastic fluctuations.
The trading volume for NEIRO over the last 24 hours is $36,311,303, reflecting a 4.61% increase. This surge in trading volume underscores heightened investor activity and engagement with the NEIRO token.
The volume-to-market cap ratio is 18.99%, a relatively high figure that highlights robust trading activity relative to its market cap. A higher ratio often suggests increased liquidity and market interest, which are positive indicators for potential investors.
NEIRO’s circulating supply is 1,000,000,000 tokens, representing 100% of its total supply. This full circulation indicates that all NEIRO tokens are currently in the market, providing a transparent view of its availability and distribution.
The max supply is also 1,000,000,000 NEIRO, meaning no additional tokens will be minted, ensuring a fixed supply and potentially influencing its value positively through scarcity.
The fully diluted market cap of NEIRO is $191,213,329. This figure assumes that the entire supply is in circulation, giving a comprehensive view of NEIRO’s potential market value.
The slight difference between the current market cap and the fully diluted market cap suggests that NEIRO is near its maximum potential valuation, barring significant changes in market demand or external factors.
The 4.05% increase in NEIRO’s price is indicative of growing confidence and interest among investors. This uptick, coupled with the increased trading volume, suggests a period of positive momentum for the token.
The stable market cap and high volume-to-market cap ratio further reinforce the notion that NEIRO is attracting significant market activity and liquidity.
In summary, NEIRO’s recent market performance reflects a phase of positive growth and increased investor interest. The 4.05% price increase, substantial trading volume, and high volume-to-market cap ratio underscore its dynamic presence in the cryptocurrency market.
As NEIRO continues to evolve, maintaining awareness of market trends and developments will be crucial for stakeholders looking to capitalize on its potential. The transparent supply metrics and stable market cap highlight NEIRO’s potential as a viable investment in the cryptocurrency landscape.
