Andrew Kang, founder and CEO of Mechanism Capital, has shifted his bullish outlook from Dogecoin (DOGE) to First Neiro On Ethereum (NEIRO) following Donald Trump\u2019s landslide victory in the US presidential election. In a series of posts on X on Wednesday, November 6, Kang asserted that NEIRO is poised for exponential growth in the coming months.<\/p>\n
\u201cWith a Trump win, NEIRO as the natural successor to Doge is on a path to billions over the next few months,\u201d Kang wrote. He further elaborated<\/a>, \u201cHard to think of better coins to hold post a Trump\/Elon win than NEIRO. As the natural successor to Doge, its path to a Doge\/Shib like run and eventual flippening debates are pre-ordained. Doge is great, but new dogs are even better.\u201d<\/p>\n Kang was among the first industry experts to designate Dogecoin as the premier \u201cTrump trade\u201d<\/a> in the crypto market\u2014a strategy for investors betting on a Trump victory. On October 15, he noted:\u00a0 \u201cOne of the most interesting ways to express a \u2018Trump Victory\u2019 trade would probably be owning DOGE (and other memes). Not only do you have high odds of a Doge ETF but the Department of Government Efficiency (DOGE) would be making headlines every week and be pushed forward by Trump.\u201d<\/p>\n This perspective gained traction among several crypto analysts who identified Dogecoin as the leading proxy for anticipating a Trump win. The association stems from Elon Musk\u2019s proposal<\/a> to lead a \u201cDepartment of Government Efficiency\u201d (D.O.G.E.) under a Trump administration to reduce the bloated US government spending.<\/p>\n Since Kang\u2019s initial post on October 15, the Dogecoin price has surged by over 70%, climbing from $0.1158 to above $0.20 at press time. In contrast, NEIRO experienced a significant downturn of approximately 22% during the same period. After reaching its all-time high of $0.002333 on October 15, NEIRO dipped but has recently shown signs of recovery, rising 42% in the last 48 hours to trade at $0.001786.<\/p>\n Kang\u2019s endorsement of NEIRO has sparked a debate within the crypto community. Crypto analyst Crypto Stream (@CryptoStreamHub) questioned the trend of industry leaders promoting meme coins, commenting under Kang\u2019s post:\u00a0\u201cWhen did it become normalized for the industry leaders to shill Memecoins, honest question? Raoul Pal<\/a> started, yesterday I heard Arthur Hayes shill GOAT<\/a> and now Kang is shilling NEIRO. Not wanna criticize that, I genuinely wonder when we made the pivot.\u201d<\/p>\n