NEIRO, a Meme-Based Cryptocurrency, Rose by 47.37% in the Last 24 Hours, Reaching $0.000651

NEIRO, a meme-based cryptocurrency, rose by 47.37% in the last 24 hours, reaching $0.000651

The meme-based cryptocurrency NEIRO surged by 47.37% in the last 24 hours, reaching $0.000651, according to TradingView data on May 13. The price increase pushed NEIRO among the top-performing meme coins on the day.

The token had been in a consolidation phase during April. It traded between $0.000277 and $0.00044, forming a base for the recent breakout. Volume increased during the upward movement, signaling renewed trader interest after weeks of low activity.

This recent rally marks the highest price zone since early February. At that time, NEIRO faced a strong resistance around this range and failed to break higher. Now, it retests the same level after a sharp recovery.

Resistance Zone Near $0.000651 Remains a Technical Hurdle

NEIR is now testing the $0.000651 resistance, which previously capped its February rally. That level rejected price action before pushing NEIRO into a two-month downtrend. The same level is now in focus again.

The chart shows a clean breakout from below $0.00028, followed by rising volume and a sharp candle formation. The resistance now overlaps with the upper boundary of the highlighted zone on the chart, acting as a key test point.

No external news or ecosystem updates were linked to this move at the time of writing. The action appears purely technical, supported by momentum and trader positioning.

If NEIRO fails to hold above the current range, the chart shows two support levels. The first sits near $0.000442, which served as a consolidation ceiling in April. The second lies at $0.000277, the level from which the breakout began.

These zones may act as fallback points if the token faces rejection at the upper level. Based on current volume and pattern strength, both levels have historical significance from recent trading activity.

On-chain indicators remain neutral. There is no spike in exchange flows or wallet activity that would suggest long-term positioning. Most movement appears short-term.

Earlier this month, Neiro announced it had acquired the exclusive license to the Neiro brand, formally linking the meme-based cryptocurrency to the original Doge image. The license was granted by Atsuko Sato, the Japanese teacher and photographer who created the iconic Doge image, in partnership with OwnTheDoge, a group managing Doge-related intellectual property.

This agreement gives Neiro the full legal rights to develop both digital and physical products using the Neiro identity—including the name, associated graphics, and character—which is based on the Shiba Inu meme that helped popularize Dogecoin and its cultural derivatives.

Neiro began as a grassroots token project within the meme coin ecosystem. It started small but gained traction through community engagement and cultural references tied to the Doge meme. This new licensing deal elevates Neiro’s status by granting it the authority to use an officially recognized IP—a first for the project.

The team said it would be responsible for protecting the original image and its creator, continuing to build with respect for the Doge legacy. According to their public statement:

“We have officially acquired the exclusive license to the $Neiro intellectual property (‘IP’) from Atsuko ‘@kabosumama’ Sato through a partnership deal with @ownthedoge, the stewards of the Doge, Neiro, and Cocoro IPs.”

The announcement was posted on the project’s official X page, along with a video clip and supporting multimedia content.

The agreement covers multiple related brands, including Doge, Neiro, and Cocoro, which are managed by OwnTheDoge. The licensing terms were not disclosed, but the move suggests a formal effort to align meme coins with verified intellectual property protection.

Neiro now joins a small group of meme projects with official licensing status, which gives it a stronger legal foundation for future product development. The announcement did not include details on upcoming releases, tokenomics changes, or product timelines.

The statement concluded by saying the team was planning to build with purpose and care, reflecting the tone of a project seeking long-term sustainability within a culture-heavy sector of the crypto market.