Shiba Inu, the memecoin that took the crypto world by storm, has once again surprised its community with an unconventional move. The popular cryptocurrency’s official X account has recently followed Neiro Ethereum (NEIRO), a relatively new player in the crypto space. This unexpected alliance has sent ripples through the crypto community, sparking speculation and excitement.

The news was first brought to light by a social media user named Mark, who pointed out that Shiba Inu had increased its following count to 25 accounts, with Neiro Ethereum being the newest addition. Mark suggested that this move could be seen as an endorsement from the Shiba Inu ecosystem, given the project’s growing influence.

Further fueling the speculation, a NEIRO whale known as “MoneyLord” expressed enthusiasm over the development. The user suggested that Shiba Inu’s follow and subsequent mention of NEIRO could potentially lead to a significant price surge for the token.

Shiba Inu itself seemed to add fuel to the fire with a special shout-out to NEIRO, referring to it as a “cute doggo.” The project also dedicated a feature article to NEIRO in its latest edition of The Shib Magazine, highlighting the token’s rapid rise to prominence.

The article praised NEIRO for achieving a market cap of $220 million amidst a broader market downturn, with its price surging by a staggering 1,506.35%. This impressive performance has led many to draw comparisons between NEIRO and the early days of Shiba Inu and Dogecoin, suggesting that it could be the next big memecoin.

While the exact reasons behind Shiba Inu’s decision to follow Neiro Ethereum remain speculative, the move has undoubtedly captured the attention of the crypto community. NEIRO has already seen a significant price increase following the announcement, further fueling the excitement around the potential of this new memecoin.

As the crypto market continues to evolve, the relationship between Shiba Inu and Neiro Ethereum will be closely watched. Whether this partnership will lead to a long-term collaboration or simply a fleeting moment of attention remains to be seen. One thing is certain: the crypto world is full of surprises, and this latest development is just another chapter in its ever-changing story.

By Alex Wheeler

Alex is a lead writer at AltcoinsAnalysis, bringing the audience all leading developments in the blockchain industry and the latest trends in the cryptocurrency market.