The most popular Ethereum blockchain meme coin right now, based on bullish sentiment and recent performance, is Neiro (NEIRO).
- Recent Surge: Neiro (NEIRO) has experienced a significant surge, with a 36% increase this week and a staggering 5,619% increase this month1. This recent rally has pushed NEIRO to a new all-time high for the third time in October.
- Market Position: NEIRO is currently trading at $0.001989 and has a market capitalization of $809 million, making it the eighth-largest meme coin by market cap and the fourth-largest by volume1. This strong market position is a testament to its popularity among investors.
- Price Predictions: Prominent community member TraderSZ is eyeing a $10 billion market cap by the bull market peak, which would represent a 10x gain from its current price2. This prediction is based on the belief that NEIRO's decentralized community-driven nature will continue to propel its growth.
- Community Confidence: The confidence of NEIRO's community is evident in the support levels seen, with the coin breaking out above a trendline resistance and flipping it to support1. This technical indicator suggests that the bullish momentum is strong and likely to continue.
In conclusion, while Dogwifhat (WIF) may be the most popular Ethereum blockchain meme coin overall, Neiro (NEIRO) is currently the most bullish meme coin on the Ethereum network, driven by its recent surge, strong market position, and optimistic price predictions.