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Home»Altcoins»Shiba Inu Officially Follows This New Token, Stuns Community
Altcoins

Shiba Inu Officially Follows This New Token, Stuns Community

NBTCBy NBTC24/09/2024No Comments2 Mins Read
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Shiba Inu surprises crypto community members as its official X account follows a popular memecoin.

Several crypto enthusiasts have called attention to the recent activity surrounding Shiba Inu’s official X handle @shibtoken.

Shiba Inu Follows Neiro Ethereum on X

In particular, a social media user named Mark disclosed that Shiba Inu has increased the number of X accounts it follows to 25, with Neiro Ethereum (NEIRO) being the latest addition.

The X user claimed that Neiro Ethereum’s recent following serves as an endorsement from the Shiba Inu ecosystem. Furthermore, Mark characterized NEIRO as the third-largest crypto project in the ecosystem, emphasizing that its inclusion among Shiba Inu’s following accounts solidifies its acceptance.

“Expecting long-term support from them – (don’t think they’d follow otherwise),” Mark added while sharing evidence of the development.

A NEIRO whale who goes by the pseudonym “MoneyLord” also confirmed the move. MoneyLord expressed enthusiasm regarding the latest development, noting that Shiba Inu followed NEIRO and posted about the project.

The user echoed “HIGHERR,” suggesting that the action could potentially pave the way for a surge in NEIRO’s price.

Shiba Inu Gives Special Shout Out to NEIRO

A glance at SHIB’s X profile shows that Neiro Ethereum is among the 25 accounts Shiba Inu follows. Interestingly, Shiba Inu gave a special shout-out to the project, referring to it as a “cute doggo.”

It bears mentioning that Shiba Inu spotlighted NEIRO in the latest edition of The Shib Magazine. The sponsored article, “Inside the Neiro Phenomenon: The Shiba Inu Sibling That Surprised the Crypto World,” saw the ecosystem team provide an in-depth analysis of the catalysts behind NEIRO’s price surge.

In the article, Shiba Inu acknowledged NEIRO’s rise to prominence shortly after its launch. Notably, the article highlighted some major milestones NEIRO has achieved, including hitting a market cap of $220 million. Furthermore, Shiba Inu indicated that NEIRO’s price surged 1,506.35% when the broader market faced significant downturns.

Meanwhile, several crypto proponents identified NEIRO as one memecoin that could replicate Shiba Inu and Dogecoin’s success in this bull run.

So far, NEIRO has lived up to expectations, rising 2,160% in nine days to an all-time high of $0.2986. Currently priced at $0.2163 per token, NEIRO is up 2.68% over the past 24 hours. Ranked as the 221st biggest token, NEIRO currently boasts a market capitalization of $217.3 million.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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