financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
This Is How SHIB Started: Neiro Pumps After Buterin Dumps
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
This Is How SHIB Started: Neiro Pumps After Buterin Dumps
Aug 7, 2024 12:04 PM

As Wall Streeters feverishly dumped Apple and Nvidia shares, Buterins version of panic was dumping some new meme token named Neiro that devs recently airdropped to the Ethereum founder.

Vitalik Buterin Sells Meme Coin, Token Pumps

With a $223 million market cap Tuesday, Neiro Ethereum already has a coin page on Forbes Digital Assets. The tradfi business news outlet describes the coin thusly:

The sister of the OG $DOGE, Kabosu, here to make history on the Ethereum chain! Neiro is a decentralized meme token on the ETH blockchain.

To promote the new doge-themed Ethereum meme currency, developers airdropped the platforms founder 17.145 billion Neiro, like Shiba Inus devs did back in 2021. That constituted 4% of the tokens supply and traded at the time for around $130,000.

We are the peoples $Neiro, on the peoples chain, Ethereum read a post from the team on X Saturday. And a little fun fact: Vitalik Buterin is currently our largest holder. (4% of supply, ~$130k value as of the time of this post).

We are the peoples $Neiro, on the peoples chain, @ethereum.

And a little fun fact: @VitalikButerin is currently our largest holder. (4% of supply, ~$130k value as of the time of this post)

Buterin went ahead and sold all the tokens (what meme coin is he buying instead?), but the snub didnt hurt Neiro at all. In fact, it may have helped it. The dog-themed meme coin turned around and pumped 10% in under 24-hours.

Neiro Team Asks Ethereum Founder To Support Dog Shelter

The Neiro team was obviously not asleep at the wheel.

Within moments of Buterins sale, Neiros X page posted an open letter to the Ethereum founder requesting he donate some of the proceeds of the sale to a stray dog shelter.

Our humble ask is that you donate part of the proceeds to a stray dog shelter, the team wrote.

They probably werent referring to Bonk.

Hey @VitalikButerin, we see that you sold your $Neiro bag.

Our humble ask is that you donate part of the proceeds to a stray dog shelter.

And thank you for building our playground!

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ripple (XRP) News Today September 10th
Ripple (XRP) News Today September 10th
Sep 10, 2025
The past several days have been quite eventful for the company, its native token, and its stablecoin. In the following lines, we will touch upon the latest news surrounding them. Partnerships and More Earlier this week, Ripple announced it will provide its digital asset custody to the leading Spanish bank, BBVA. The partnership comes shortly after the banking institution launched its...
Bitcoin Approaches $114K as Liquidation Map Warns of Major Short Squeeze
Bitcoin Approaches $114K as Liquidation Map Warns of Major Short Squeeze
Sep 10, 2025
TL;DR Short positions pile up near $112.6K, setting the stage for a sharp upside liquidation squeeze. Bitcoin fails twice at $113K resistance, making the next breakout attempt critical for direction. Sentiment rises on Binance, but warning signs emerge near $115K as longs dominate the market. Short Liquidation Cluster Builds Above Current Price Bitcoin is trading around $113,500 at press time,...
Why Ethena (ENA) Could Be the Next Altcoin to Explode Over the Next 3
Why Ethena (ENA) Could Be the Next Altcoin to Explode Over the Next 3
Sep 10, 2025
Ethenas governance token, ENA, has surged by almost 15% over the past week. Experts suggest that ENA is shaping up as one of the more attractive crypto assets to hold over the next 3-4 months, and for good reason. Axel Bitblaze, in his latest analysis, revealed that the hype surrounding ENA is not just an empty narrative it has strong...
Bitcoin Price Analysis: BTC Battles Key Resistance on Path to New ATH
Bitcoin Price Analysis: BTC Battles Key Resistance on Path to New ATH
Sep 10, 2025
Bitcoin is consolidating just around the $114K level after weeks of volatility, with price action showing mixed signals across timeframes. The daily chart suggests momentum is fading, while the 4-hour chart highlights a tightening structure near resistance. Meanwhile, on-chain data continues to point to structural accumulation. Technical Analysis By Shayan The Daily Chart On the daily chart, Bitcoin has broken...
Copyright 2023-2026 - www.financetom.com All Rights Reserved