Disclaimer
This article is for educational purposes only. The information provided through Binance does not constitute advice or a recommendation for investment or trading. The ITO community does not take responsibility for any of your investment decisions. Please seek professional advice before taking financial risks.
Key Takeaways
ITO is a dog-themed meme coin inspired by a real-life Shiba Inu. The dog ITO was adopted by Atsuko Sato after Kabosu, the famous Dogecoin Shiba Inu, passed away in May 2024. The adoption of ITO sparked a new market frenzy, inspiring the creation of multiple meme coins with similar names. In this article, we’ll explore the truth behind ITO's journey from real life to the Ethereum blockchain as a token.
Origins of NEIRO is ITO
In May 2024, Dogecoin's famous mascot, Kabosu, passed away at the age of 17, marking the end of an era. A couple of months later, Kabosu’s owner brought home a new Shiba Inu ITO and named it Neiro, igniting a frenzy in the meme coin scene.
The Real Story and Facts Behind Token ITO
The developer deployed the first NEIRO with only 1 ETH in liquidity in the pool just for fun after seeing that Kabosu's owner had adopted a dog named Neiro. After studying NEIRO’s background, the developer discovered that Neiro’s real name was ITO. Taking it more seriously, he deployed ITO with a 4 ETH liquidity pool to turn it into a major meme play.
The community took over NEIRO, renamed it "First NEIRO," and sent tokens to Vitalik Buterin. They worked day and night, grinding and hustling, fighting against Cabal Neiro with full conviction. Both Vitalik and Binance supported their efforts.
Once again, the community decided to take over ITO as normal investors without securing large bags, sending 6.5% of tokens to Vitalik. They continued to hustle together. This time, Vitalik supported the project again but sold only half of his bag for charity, holding the rest as a top holder of ITO.
ITO on Ethereum (NEIRO CTO)
The ITO on Ethereum, also known as ITO CTO (short for Community Takeover), is the leading ITO project by market cap. ITO CTO is part of the larger meme coin phenomenon, where tokens like Dogecoin and Shiba Inu often make headlines. Most meme coins start as jokes, but some can grow rapidly due to viral social media and community trends. Much like Dogecoin and other dog-themed coins, ITO doesn't promise to revolutionize the financial world but instead focuses on building a strong community and driving user engagement through humor and social media buzz.
That said, traders and investors should remain cautious. Meme coins are known for their volatility and can experience massive price swings based on community sentiment.
When Was ITO CTO Created?
ITO CTO was created and deployed by the same first NEIRO ETH deployer hours later, with four times more liquidity on Uniswap. Just after deployment, 6.5% of the supply was sent to Vitalik Buterin for his future charity activities.
Where Can I Trade ITO CTO?
You can buy and sell ITO CTO on the Uniswap decentralized exchange (DEX). At the time of writing, the available trading pair is ITO/WETH on Uniswap.
What’s Next for ITO?
While ITO CTO has seen incredible growth and can explode like NEIRO, the future remains uncertain. Meme coins are notorious for their unpredictable nature and extreme volatility. As with most meme coins, its success largely depends on continued community support, market demand, and viral trends.
Closing Thoughts
ITO meme coins have captured the attention of the crypto world, driven by the legacy of Dogecoin and the viral adoption of a new Shiba Inu named ITO. Among the various projects, ITO CTO stands out with the highest market cap. While the excitement around dog-themed tokens is undeniable, investors must remain cautious. If you’re considering investing or trading NEIRO or ITO, make sure to use funds you can afford to lose and keep an eye on community and market trends. Meme coins are all about market sentiment, and NEIRO and ITO are no exceptions.
Chart : https://www.dextools.io/app/en/ether/pair-explorer/0x322bba387c825180ebfb62bd8e6969ebe5b5e52d?t=1728320084282