CandleFocus Neiro on Ethereum (NEIRO) becomes multi-chain after ChainLink (LINK) partnership
2024-12-24
Author: Content Editor
Neiro on Ethereum (NEIRO) has partnered with ChainLink (LINK) to use their cross-chain technology and expand its presence to other networks. This move allows NEIRO to have official cross-chain versions on Ethereum and Base. By utilizing ChainLink's Cross-Chain Interoperability Protocol (CCIP), NEIRO aims to reach a wider user base and compete with other versions of the token. ChainLink will also provide reliable oracle information for NEIRO trading on-chain. However, NEIRO on Ethereum may face challenges as it competes with other tokens with similar tickers and struggles to regain appeal after some whales divested in November. The Wintermute market maker holds a significant portion of the NEIRO supply, and NEIRO is hoping that partnerships and listings will increase its visibility and appeal. Overall, NEIRO is taking steps to expand its reach and establish itself as a long-lasting meme token.
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