Remember NEIRO’S early days? The Ethereum-based meme token, $NEIRO, started modestly but quickly rose to prominence, surpassing a $800 million market cap.
Its journey became a blueprint for how community support, strategic planning, and Ethereum’s ecosystem can turn a token into a market leader.
Now, $SHIRO finds itself at a crossroads, with its “OG Shiro” project trying to follow a similar path amid competition and controversy.
Here’s a closer look at the two $SHIRO projects and whether the “OG Shiro” can follow in $NEIRO’s footsteps.
The $SHIRO Divide: OG vs. Newcomer
@CTOShiroNeko: The Original $SHIRO
@CTOShiroNeko, also called the “OG Shiro,” claims to be the first $SHIRO token launched on Ethereum, debuting 75 days before its competitor. The project is focused on being community-driven, with transparency at the core of its strategy.
Key Milestones:
- Market Performance: @CTOShiroNeko grew its market cap from $1.16 million to $4 million after gaining traction. It now stands at around $2 million.
- Holder Growth: The token recently hit 1,000 holders, adding 500 wallets in under a week.
- Community Engagement: Initiatives such as a Christmas Art Competition encourage participation and creativity from its supporters.
The Newer $SHIRO
The rival $SHIRO token launched in December 2024, quickly reaching a $1 billion market cap within an hour. However, allegations of insider practices, including controlling 90% of the supply within minutes, have caused skepticism.
After its initial surge, the newer $SHIRO’s value dropped significantly, leaving @CTOShiroNeko to position itself as the trusted and authentic $SHIRO project.
This newer token has since lost value, and many in the crypto community are now turning to @CTOShiroNeko, seeing it as the more trustworthy project.
CTO shiro held up better than cabal shiro 🤣🤣 pic.twitter.com/FW2YfuxyMb
— TraderSZ (@trader1sz) December 9, 2024
The Rise of $NEIRO
$NEIRO is another Ethereum-based meme token that has garnered significant attention, recently crossing an $800 million market cap. Its rise was fueled by strong community support and a favorable ecosystem on Ethereum. Interestingly, another token, $NEIRO ETH, emerged later in the market and initially experienced a significant pump.
However, $NEIRO CTO, being more community-driven, outperformed the “cabal” NEIRO ETH
Why NEIROETH Succeeded:
- First Mover Advantage: Launching first gave $NEIRO CTO access to a bigger audience and more liquidity.
- Exchange Listings: Being available on major exchanges like Binance and Coinbase helped boost its trading volume.
- Community Backing: Influencers and active supporters helped NEIRO grow steadily.
This mix of factors made NEIRO a success and a leader among meme tokens.
Can @CTOShiroNeko Follow $NEIRO’s Path?
The original $SHIRO, @CTOShiroNeko, shares some traits with $NEIRO and its Ethereum success story:
Strengths of @CTOShiroNeko
- Smaller Market Cap: With a current valuation of $2.18 million, @CTOShiroNeko has more room for growth
- Community Building: Like NEIRO, @CTOShiroNeko invests in its community through engagement and transparency.
- Ethereum Ecosystem: Operating on Ethereum gives the project access to a larger pool of users and liquidity.
With its small market cap, first-mover advantage, and active community, @CTOShiroNeko has a solid base to build on.