STRAY (STRAY) news

Neiro (NEIROCTO): The Second Meme Coin Vitalik Buterin Interacted with After SHIB

What is Neiro (NEIROCTO)? Neiro (NEIROCTO) is a meme coin that is known as the "heir" to Dogecoin, one of the most famous meme coins ever created. However, Neiro is not just another Dogecoin copycat; it has a unique backstory and a strong sense of purpose. Neiro’s origin is closely tied to Kabosu, the Shiba Inu that became the face of Dogecoin. Kabosu passed away in May 2024 at the age of 17, marking the end of an era for the Dogecoin community. Shortly after, Kabosu's owner adopted a new Shiba Inu named Neiro, which sparked a wave of excitement among crypto enthusiasts and led to the creation of several Neiro-inspired tokens on both the Solana and Ethereum blockchains. Yet, one Neiro project quickly stood out from the rest: Neiro CTO (Community Takeover). It was the first Neiro token to launch on Ethereum and, as of today, leads in market capitalization among all the Neiro-related tokens. On August 4th, 2024, Neiro hit a major milestone when it captured the attention of Ethereum co-founder, Vitalik Buterin. At exactly 11:59:59 PM UTC, during the new moon, Neiro officially launched on Ethereum. A few days later, in a reply to a community member on social media, Buterin confirmed that he had made a donation of over $500,000 to an animal welfare fund, marking his second-ever interaction with a meme coin (the first being with Shiba Inu in 2021). This interaction not only brought more attention to Neiro but also helped solidify its reputation as a project with a purpose beyond the memes. Buterin’s involvement, although brief, signaled to the wider crypto community that Neiro was a project worth paying attention to. Who Created Neiro (NEIROCTO)? Here’s where the story gets a little mysterious: we don’t know who the original creator of Neiro is. Like many meme coins, Neiro was initially developed by an anonymous team. However, things didn’t go smoothly at the start. The original developers of the project disappeared, leaving the community behind. This could have been the end of Neiro, but instead, something incredible happened—the community took over. This is why Neiro CTO, the first Neiro token on Ethereum, is also known as the “community takeover” token. When the original creators left, the community rallied around Neiro and decided to push it forward. Now, Neiro is 100% community-owned and managed. This means that there are no centralized powers controlling the token. Everything is decided and operated by its holders and supporters. What VCs Back Neiro (NEIROCTO)? Neiro didn’t have any backing from venture capital (VC) firms. This lack of VC backing has actually worked in Neiro’s favor. Without any large investors to answer to, the community has full control over the direction of the project. In the world of meme coins, community is everything. Dogecoin and Shiba Inu both thrived because of their passionate fan bases, and Neiro is no different. It thrives on the dedication, humor, and passion of the people who support it. The lack of institutional involvement allows the Neiro community to stay true to its original vision: transparency, humor, and giving back. How Neiro (NEIROCTO) Works The story of Neiro is one of resilience, much like the dog that shares its name. Neiro, the Shiba Inu, was originally abandoned by her owner and ended up in a stray dog shelter before being adopted by the same woman who once owned Kabosu. This touching story mirrors the journey of the Neiro token itself—originally abandoned by its creators, but rescued and revived by the very people who believed in it. Since the community took control of Neiro, they have focused on making it more than just a cryptocurrency. Neiro has made a commitment to giving back, particularly to animal welfare. The team behind the project has already made donations to the shelter that once housed the real-life Neiro, and they plan to continue supporting charitable causes as the project grows. This focus on charity is one of the things that sets Neiro apart from many other meme coins that exist solely for speculation or fun. Neiro also is a highly secure and transparent token. One of the key reasons for this is the fact that Neiro is 100% community-owned, with no centralized ownership or control. This means that no single person or group can manipulate the project for personal gain. Neiro has several features that make it one of the more secure meme coins on the market: ● No Buy/Sell Fees: Neiro has 0% buy and sell fees, meaning that users can trade the token without worrying about excessive transaction costs. ● Verified Contract: Neiro’s smart contract is verified, which ensures that the code is transparent and free of any hidden tricks or traps. ● Renounced Ownership: The ownership of the Neiro contract has been renounced, meaning that the original developers no longer have any special control or permissions over the token. This prevents any centralized control over the project. ● Liquidity Burned: Over 99% of Neiro’s liquidity is burned, ensuring that there is no risk of a rug pull. This makes Neiro a safer investment compared to some other meme coins. NEIROCTO Goes Live on Bitget Neiro has grown rapidly since its launch, and its on-chain stats are impressive for a meme coin. As of now, Neiro has a market capitalization of $695.69 million, with liquidity of $11.57 million and a 24-hour trading volume of $13.79 million. These numbers show that Neiro has captured the interest of traders and investors alike, thanks to its strong community, charitable focus, and secure tokenomics. How to Trade NEIROCTO on Bitget Step 1: Go to NEIROCTOUSDT page Step 2: Enter the amount and the type of order, then click Buy/Sell. Trade NEIROCTO on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

BGB Sail: September Edition

Our BGB Sail Series provides an in-depth analysis of BGB performance, together with a recap of the market situation at the end of each month. BGB Sail: August Edition can be found here. Market Summary Historically speaking, September is not a good month for Bitcoin - the flagship cryptocurrency, the most popular coin, the one that dominates the crypto market at a minimum of 40% market share. Hence, headlines in the early days of the month all talked about a gloomy monthly outlook. But is it really the case? When we look at the market cap ranking below, it’s clear that most crypto didn’t suffer much in September. Except for Bitcoin, Ethereum, and BNB, the rest in the Top 10 started Q3 on a positive note, got into difficult waters in August, yet managed to stay resilient against increasing borrowing costs amid macro uncertainties. The global market cap indeed grew by 6.9% to US$1,153,294,059,599 on September 30, 2023 (0:00 AM UTC). Pay attention to the two only coins with a positive market cap change as they could very well suggest trends of the bears: turning to stables, which is not at all surprising, or seeking refuge in liquid staking derivatives - a sign of no slowdown in the expansion of this sector. In terms of performance, all of the Top 10, except for USDT, USDC, and STETH, whose nature is stable a.k.a. whose returns should not stray away too far from 1.0, dipped below the horizontal line. Solana (SOL) saw the highest plunge around mid September but finished the monthly race in fourth place, after XRP, BTC, and ETH. One macro reminder for the rest of the year: FED Chair mentioned the intention to ‘hold policy at a restrictive level’ for some time after the updated benchmark interest rate shows a-(highly possible)-nother increase of interest rate before the year’s end. Same as the ECB. Furthermore, considering the economic slowdown in China and recent political issues, the competition for capital will become more intense, with risky assets possibly becoming less appealing compared to the ol’ good bonds. The glorious resurrection of bull markets may not arrive that soon. Check out our weekly top gainers in the Bitget Hot Takes series (released every Monday) here. BGB Performance in August BGB’s monthly high decreased by 1.8% to US$0.46014 but its monthly low moved in the opposite direction to climb up by 3.1%. The tightening spread, as analysed over and over again, combined with an ever-growing volume, is proof of a frequently trading token, a valuable asset. That being the case, BGB was able to outperform all of the Top 10 and nearly all exchange tokens with a 30-day return of 3.9%. In the 3-month period, BGB also minimises its losses at -7.3% against BTC’s -11.7% and ETH’s -13.8%. BGB volume in Q3 experienced a minor decrease of 1%, but the overall trend since Q2 is showing a march forward of this token: from US$749,710,052 in Q1 to US$1,383,357,421 and US$1,369,028,680 in Q3 (Data source: CoinGecko). Since the beginning of the year, August is the only month where BGB volume had a negative change; the average monthly volume growth of this token stands at 32.7% even when August is counted. When it comes to liquidity, BGB’s volume-to-mcap ratio was the highest among all exchange tokens on average, approaching 0.03 or almost 30 times the ‘first tier’ token standard by Coinranking.com. That implies stable demand for BGB, thus buying and selling activities in September. It’s important to note that this is a huge move from the average of 0.02 in previous months - even more demand is spotted for the last month of Q3 for this wonderful token. New to BGB and Bitget? Check out this Bitget Token (BGB) Introduction and its limitless potential. BGB has been considered a blue-chip exchange token and thus a good long-term investment for several reasons. First of all, owning BGB means you will benefit from the expansion of the ever-growing Bitget ecosystem. Bitget is the first exchange to launch a crypto copy trading product in 2020 - the first of many innovative rollouts throughout the past three years; the better we become, the more profitable it is to invest in BGB. Besides, BGB is the ticket to multiple activities on Bitget, including Bitget Launchpad (hold BGB to get exclusive access to highly anticipated IEOs), Bitget Launchpool (stake BGB to earn new, promising project tokens for free), Bitget Lottery (hold BGB to win prizes in BGB every day), BGB Earn (generate more BGB from your current holdings and/or secure the opportunity to buy BGB at discounted prices), Bitget VIP Program, GroupCoin (hold BGB to get the chance to purchase staple cryptocurrencies at special prices), Vote-To-List (hold BGB to decide whether the project will be listed on the exchange and get rewards for your participation). To sum things up, BGB has never failed to impress. See yourself how: BGB Sail: August 23 Edition BGB Sail: July 23 Edition BGB Sail: June 23 Edition BGB Sail: May 23 Edition BGB Sail: April 23 Edition BGB Sail: March 23 Edition Bitget-Verse In Q3, Bitget has undergone the new rebranding initiative that demonstrates our dedication in equipping individuals with innovative products as well as sophisticated tools for an efficient financial future. Both our focus on users and our commitment of providing a safe, smart and productive trading environment remain the same. BitKeep, the leading self-custody crypto wallet, is now rebranded to Bitget Wallet as part of our efforts to revolutionise Web3. Accompanying this initiative is Bitget’s plan to amp up the regional exchanges, data analytics firms, media organisations and other entities with a US$100 million fund named EmpowerX. Having just celebrated our 5-year anniversary, Bitget already outlines future plans for the expansion of our ecosystem, with EmpowerX being the first step. Of course, the biggest event of Q3 2023 is Bitget’s 5-year anniversary! A whole bunch of events ranging from trading rewards, extra newcomer bonuses to NFT cards collection had taken place, stirring things up for this supposed-to-be quiet month. Spot Futures Activities The fun and rewarding events helped raise the average daily number of outstanding contracts on Bitget Futures by 2.6% to US$3,108,848,234. The daily average Bitcoin OI is also up by 0.6%, which is equivalent to a decline of 2.5% in BTC’s dominance on Bitget Futures Trading. Below are some new listings on Bitget Futures Trading: • GLMRUSDT • LOOMUSDT • BIGTIMEUSDT • SEIUSDT • WLDUSDT The total volume of Bitget Spot Trading in September increased by 29.9% to US$5,608,392,563. The total spot volume in Q3 is seen at US$13,920,473,931, down by 25.7% from Q2’s figure but is still 40% higher than Q1’s. We have 18 new token listings in September, making the average monthly new listings in Q3 26 pairs. Aside from that, we now support two new fiat pairs of USDT/RUB and USDT/UAH. Check out the top daily gainers of September below: • DORKL/USDT: 744% • TIP/USDT: 682% • MNTC/USDT: 522% • YAMA/USDT: 276% • BANANA/USDT: 275% Of course we can’t not talk about the flagship Bitget One-Click Copy Trade! In September the copy traders’ network growth was stable at 4,000+ new elite traders, 25,000+ new followers, and 2 million profitable trades, which show some slowing down compared to last month. As the month was full of economic and political twists, both traders and their followers generated less profits than August, but followers are not put in disadvantage at all: the degree at which their combined profits changed is half that of traders’ profit share, meaning that if traders don’t success at executing profitable trades, they won’t be able to share as much of the followers’ profits. That is a smart mechanism introduced by Bitget Copy Trade to motivate traders to come up with only the best trading strategies. To make the process of selecting traders even easier for new users as well as followers, we have launched a new tool for you here: Elite traders comparison. This feature allows for a general comparison of several traders at the same time based on their basic information, trading data and insights activities. As an aspired elite trader, Bitget One-Click Copy Trade warmly welcomes you with many ways to earn more using your trading skills: Join Bitget as an elite trader for rewards Earning With Bitget Designed to meet the specific needs of high-profile Bitget users, Bitget Wealth Management is a good choice for any Bitget VIP, asset manager or individual of high net worth, to grow their portfolio in a steady way. Learn more about Bitget Wealth Management here. The one investment product with the incredible change in September is Bitget Snowball, whose name comes from the idea that under specific conditions, the return of Bitget Snowball products will experience a snowball effect, that is, getting bigger and bigger. How is that possible, you may want to know? When you subscribe to a Bitget Snowball product, you’ll be presented with a base APR, a standard maturity of 7 days, 7 observation periods (24 hours each) and their corresponding Knock-in and Knock-out prices. So everyday the system reviews the asset price to see if it remains in the range between that day’s Knock-in and Knock-out prices or breaches any of them. In the first case scenario, your principal is guaranteed and compounded at the base APR as normal, and in the latter one, if the condition is favourable to you, your principal will be compounded at the new APR of (base APR + APR surplus), or else your subscription will be settled immediately. Take this as an example: assuming prices fall into the favourable case everyday, and the APR surplus is equal to the base APR and equal to 3%, your interest payable at maturity will be calculated as principle * (base APR + APR surplus * 6) * 7/365 or principle * 21% * 7/365, which is a very high APR for an investment product. With Bitget Snowball, it’s all about the accumulation of APR surplus. Learn more about it here: Bitget Snowball: Unlock Sustained Yields for Explosive Growth Amid Market Volatility. Newly introduced in the final days of August, Bitget Snowball is demonstrating its determination to compete for the most-beloved position among our users! It’s still a long way to go until it reaches the popularity of Bitget Shark Fin, but we don’t doubt it at all that Bitget Snowball will soon be at par with Bitget Range Sniper and Bitget Smart Trend. It’s important to note that a new phase of Bitget Snowball will be unlocked every Wednesday! Hop in at any time! Get yourself acquainted with all Bitget Earn products here: Bitget Range Sniper | Bitget Shark Fin | Bitget Dual Investment | Bitget Smart Trend | Bitget Snowball | Bitget Wealth Management Back to the basics? Check out the wonderfully portable Bitget Savings - keep your assets safe and redeem anywhere: Creta World (CRETA) Savings Boost! Subscribe and enjoy 60% APR! Cobak Token (CBK) Savings Boost! Subscribe and enjoy 80% APR! The popularity of Bitget Savings skyrocketed in Q3 2023: you can see the amount subscribed went straight up to double after just two months - a direct effect of the constant addition of new savings assets. Don’t forget that Bitget Savings has two options: Bitget Flexible Savings a.k.a. your standard savings account, and Bitget Fixed Savings, which has limited subscription slots for a limited amount of time with industry high interest rate. Always be the first to subscribe to enjoy our awesome APR! Automatically conversion to Bitget Flexible Savings can be selected according to your preferences. Want more exclusive Bitget Earn news? Bookmark this site and press F5 first thing in the morning everyday! Join us now on these bountiful events: Start margin trading to share 80,000 USDT! New users can get exclusive rewards! [South Asia Limited] Subscribe to Earn: Unlock Profits, Trade Smart, and Boost Your Gains! Join the Bitget Builders team — share a US$20,000 offline event budget and win "Apple Family "products Futures trading competition for EN VIPs — win an Apple MacBook Pro! Join the bot trading competition and grab a share of 50,000 USDT! Join the Bitget Builders team — share a US$20,000 offline event budget and win "Apple Family "products Canadian Thanksgiving Month! Up to 50% Cashback $40,000 USDT Prize Pool from Bitget Newcomers, Win Big with Your First Deposit and Trade! Simply create an account, and start exploring the incredible Bitget-Verse today!