Andrew Kang, founder and CEO of Mechanism Capital, changed his bullish stance from Dogecoin (DOGE) to First Neiro On Ethereum (NEIRO) following Donald Trump’s landslide victory in the US presidential election. In a series of posts on X on Wednesday, November 6, Kang assured that NEIRO is poised for exponential growth in the coming months.

Better than Dogecoin?

“With Trump’s victory, NEIRO will be on the path to billions in the next few months as the natural successor to Doge,” Kang wrote. He goes on developed“It’s hard to think of a better coin to store the Trump/Elon win than NEIRO. Since this is the natural successor to Doge, its path to a Doge/Shiba-like run and possible role reversal debates is a foregone conclusion. Doge is great, but the new dogs are even better.”

Kang was one of the first industry experts to designate Dogecoin as the top “Trump trade” in the cryptocurrency market – a strategy for investors betting on a Trump victory. On October 15, he noted: “One of the most interesting ways to phrase the “Trump Wins” trade would probably be to have DOGE (and other memes). Not only do you have high odds on the Doge ETF, but the Department of Government Efficiency (DOGE) would be making headlines every week and being pushed forward by Trump.”

This prospect has gained popularity among several cryptocurrency analysts, who have identified Dogecoin as a leading indicator for predicting a Trump victory. The association stems from Elon Musk’s proposal to run a “Department of Government Efficiency” (DOGE) under the Trump administration to curb bloated US government spending.

Since Kang’s initial post on October 15, the price of Dogecoin has increased by over 70%, from $0.1158 to over $0.20 at press time. In contrast, NEIRO experienced a significant decline of approximately 22% during the same period. After hitting an all-time high of $0.002333 on October 15, NEIRO has fallen but has recently shown signs of recovery, rising 42% in the last 48 hours to trade at $0.001786.

Kang’s endorsement of NEIRO has sparked debate in the crypto community. A Crypto Stream (@CryptoStreamHub) analyst questioned the trend of industry leaders promoting meme coins, commenting under Kang’s post: “When did it become normal for industry leaders to scam Memecoins, honest question? Raoul Pal started, yesterday I heard Arthur Hayes shilling GOAT, and now Kang is shilling NEIRO. I don’t want to criticize it, I really wonder when we made the turnaround.”

Another analyst, CryptoGugu (@Silivabrota), expressed skeptical about NEIRO’s potential and warned against market manipulation: “Guys, please stop comparing NEIRO with DOGE. DOGE is the real deal. NEIRO now looks more like a liquidity capture plan. Since mm has been replaced the graph looks terrible. Mmm, I’m just going up and down in pursuit of liquidity, the whales are just throwing up. Something needs to change ASAP or NEIRO will continue to bleed.

At press time, NEIRO was trading at $0.001786.

Featured image created with DALL.E, chart from TradingView.com