NEIRO Ethereum is making waves in the meme coin market, with many predicting a potential breakout to $0.50 this week. Often compared to Shiba Inu and Dogecoin, NEIRO has gained significant attention, especially after Ethereum's founder, Vitalik Buterin, became involved. However, a recent market downturn and Buterin's massive token sale caused a price drop for NEIRO.

Despite the setback, the coin is showing signs of recovery. A price analysis reveals a strong uptrend with a channel breakout. While a potential pullback to $0.16510 cannot be ruled out, the overall bullish momentum remains intact. NEIRO's price has surged by over 300% in just seven days.

Vitalik Buterin's involvement was initially seen as a catalyst, but his subsequent sale of all NEIRO tokens caused a market shock. The community has expressed disappointment and called for a donation to a stray dog shelter.

With the recent recovery, NEIRO is poised for another rally. If the breakout trend continues and a retest phase is completed, the $0.50 mark could be within reach. However, the absence of Vitalik Buterin's support might impact the coin's trajectory.