Overview
NEIRO ($NEIRO) on Solana is a memecoin inspired by the real Shiba Inu dog named Neiro, adopted by the former owner of Kabosu (the original Doge meme dog) after Kabosu's passing in 2024. Multiple NEIRO tokens launched across different chains in a race to capture the narrative. The Solana version attracted initial attention but has been overshadowed by the Ethereum-based NEIRO that secured major CEX listings.
Community
The community experienced a burst of activity during launch as dog-coin enthusiasts rallied around the Kabosu successor narrative. However, the split across multiple chains fragmented the community. The Solana NEIRO community is smaller than its Ethereum counterpart and has struggled to maintain momentum. Social channels show declining engagement.
Liquidity
Liquidity exists on Raydium and Jupiter with moderate pool depth for a small-cap memecoin. Some smaller CEX listings provide additional access. However, volume has declined substantially from the initial hype period. Liquidity pool TVL has contracted as LPs have exited.
On-Chain Metrics
Holder count grew rapidly during the initial launch phase but has plateaued. Daily active addresses are modest. Token distribution shows moderate whale concentration — better than many micro-cap memecoins but still concerning. Sell pressure from early holders has been a persistent headwind.
Development
There is no meaningful development. The token is a standard SPL token with no smart contract features, governance, or utility roadmap. The website provides basic token information but no technical documentation or development plans.
Risk
The primary risk is competition from the better-funded and more widely listed Ethereum NEIRO. In multi-chain memecoin races, typically only one version survives long-term. The Solana version has already lost the CEX listing battle. The sentimental narrative around Kabosu's successor may also prove short-lived.
Risk Factors
- Competing directly with a larger Ethereum-based NEIRO that has secured major CEX listings.
- Narrative fatigue — the "successor dog" story has a limited shelf life.
- No unique utility or development differentiating it from hundreds of similar tokens.
- Fragmented community across multiple chains dilutes attention and capital.
Conclusion
NEIRO on Solana represents a legitimate cultural memecoin narrative, but it appears to be the losing side of a multi-chain token war. Unless it finds a distinct angle, the Ethereum version's CEX advantage likely makes the Solana NEIRO a declining asset.