NEILUO or Chinese Neiro is a relatively new type of digital currency in the cryptocurrencies list that people focused on lately. This new token is a mix of cryptocurrencies and some aspects of Chinese internet, and meme culture in an attempt to build a fun community.

As we analyze it now, NEILUO is at $0.061257 that have surged 4.25% in the last 1 day. It is ranked #5402 by market capitalization of $52,887.8. Currently, the token has a 24-hour trading volume of $3,360.74, which shows that this new type of token has attracted increasing attention and circulation.

A very distinctive feature of Chinese Neiro is its rather large supply. The circulating supply, the total supply, and the maximum supply declared here are 420,690,000,000 NEILUO tokens. Such a large quantity is pretty suggestive of a common aspiration to reach many actors that would potentially want to use the platform or invest in it.

It remains unclear what Chinese Neiro actually is, but it seems to combine blockchain and the high-tempo environment of the Chinese internet. When adopting appealing internet culture elements, NEILUO vision is to establish a cryptocurrency that will be attractive to a particular audience while simultaneously attracting most of the crypto enthusiasts. This integration of passing cultural references with the new generation of cryptocurrencies is becoming a trend in today’s market as more projects try to establish unique niches for their products.

However, although it seems that Chinese Neiro was only launched recently, it is now listed with some of the major cryptocurrency trading platforms and in real-time price trackers. Such a fast listing and inclusion into the crypto space point much interest from both the traders and exchange operators. Nonetheless, like any other new coins, new investors are advised to think twice before investing their money anywhere near this type of currency.

This is relatively low market capitalization coupled with a low trading volume showing that Chinese Neiro is likely still in the early to mid stages of market adoption and the price discovery process. Similar to many other newer ICO tokens, there is a possibility to register large price fluctuations regarding the token due to people’s ability to decide about its utility.

Another rather peculiar feature of Chinese Neiro is an association with meme culture. Meme coins especially have been arising as a class of coins basic on the use of social media and involvement of the community as opposed to the standard practices of fundamental analysis. Considering this particular niche, NEILUO appears to be located within it: they use Internet culture to construct their brand and audience.

The developers of Chinese Neiro seem to be riding on the newly emerging trend of regional new generation cryptocurrencies, designed for distinct ethnic or nationalistic purposes. While targeted at Chinese internet culture, NEILUO may find its niche in the market among people of Chinese-speaking origin or other enthusiasts of Asian projects in the crypto sphere.

Such tokens as Chinese Neiro already demonstrate the tendency of cryptocurrency market development and its differentiation and specialization. Despite this, and despite the current hegemony of Bitcoin and Ethereum, there is now a whole host of more specialized cryptocurrencies primarily designed for particular use cases, niches or even subcultures and pop-culture phenomena.

What is important to remember here is that the sustainability of such projects greatly depends upon the ability to help keep the community engaged and to foster tangible applications beyond wilful speculation. In establishing this new addition to the Chinese Neiro, it will be crucial for the project to show long-term values and applicability for returns in the highly contested cryptocurrency marketplace.

With the fully diluted market capitalization of Chinese Neiro currently at $52,887.8, one gets a sense of the token’s total possible value if all tokens were to exist in the market. This is a metric that investors use to evaluate future value of the project in terms of the value of cryptocurrency.

Any investors interested in the new currency should bear these risks in mind as with any new kind of cryptocurrency. The Cryptocurrency market is usually characterized by a high level of floationcy and prolonged big price movements, and these digital assets, especially those which are relatively new and which have a low market capitalization, are often exposed to short term Volatility. As well, the legal aspects of cryptocurrencies are changing all the time, which can play a large role in the potential outcomes of initiatives like Chinese Neiro.

Therefore, Chinese Neiro can be considered the latest addition to the Corcen and Cryptocurrency market that sets its new unique Financial Technology with touches in Oriental Spirituality. I look forward to seeing if NEILUO can sustain the market and preserve its place as more data are collected in the course of the project’s advancement as the competition in the cryptocurrency appears to be simply increasing.