NEIRO Outpaces DOGE With a 100% Rally Amid Memecoin Market Gains

Key Points

• NEIRO experienced a dramatic price surge exceeding 100%, followed by an initial price correction.
• Dogecoin showed a more gradual 63% increase, characterized by smoother price action and higher trading volume.

The memecoin market has seen substantial growth this week, mirroring a broader cryptocurrency recovery. One notable performer is Neiro (NEIRO), described as the "First Neiro on Ethereum." NEIRO's value has nearly doubled, increasing by almost 100% in the past 7 days, accompanied by rising community engagement and increased holder count. This surge has brought NEIRO into the spotlight, especially following its acquisition of the Neiro intellectual property (IP). This acquisition significantly strengthens its legal standing and brand within the Web3 space.

Neiro Secures Exclusive IP Rights from Atsuko Sato

On April 24th, NEIRO announced the acquisition of exclusive IP rights from Atsuko Sato, the original creator of the iconic Doge image. This licensing agreement was secured through a partnership with Own The Doge, the group managing the Doge and Cocoro IPs.

The NEIRO Foundation stated, "Holding the exclusive license to the Neiro IP is more than a milestone; it's a responsibility. We will actively preserve Neiro's legacy and defend both Neiro and Atsuko's rights."

With these secured rights, NEIRO plans to expand into officially licensed physical and digital products, while maintaining its commitment to community engagement and charitable initiatives. Since its inception, the Neiro Foundation has reportedly raised over $300,000 for various global causes, including disaster relief, animal rescue, and children's education.

NEIRO vs. Dogecoin Price Movements

NEIRO's connection to the broader "Doge" meme ecosystem has drawn comparisons with Dogecoin (DOGE), the original memecoin launched in 2013. While both projects share similar iconography and themes, their scale and structure differ considerably.

NEIRO Price Performance

Between May 8th and May 11th, NEIRO experienced a sharp upward trend, rising from approximately 0.00022000 USDT to a peak of just over 0.00046000 USDT—a gain exceeding 100% in three days. This rapid increase was marked by strong upward price movements with minimal retracement, suggesting a sustained bullish trend in the short term. The rally peaked on May 11th, followed by a slight pullback. As of May 12th, the token is trading around 0.00041454 USDT, showing a minor decrease of approximately 1.9% from the last recorded hourly candle. The NEIRO price chart exhibits high short-term volatility with periods of rapid growth and consolidation.

DOGE Price Performance

Dogecoin also saw substantial gains over the past week. Starting at a local low of around 0.15800 USDT on May 8th, the price climbed steadily to approximately 0.25800 USDT by May 11th—a roughly 63% increase over three days. Unlike NEIRO's sharp price spike, DOGE's increase was more gradual, showing multiple stages of accumulation followed by breakouts. A brief intraday correction occurred after the peak, with the price currently consolidating around 0.23814 USDT, down 0.76% in the last hour. DOGE's trading volume during this period was significantly higher, with consistent buying pressure across multiple sessions and larger price bars reflecting greater liquidity.