“Binance already offers NEIRO tokens as a futures product. But the surprise spot listing of a different NEIRO has fuelled a rocket rally.”, — write: www.coindesk.com
- The announcement of Binance listing First Neiro on Ethereum (NEIRO) for spot trading triggered a massive 700% price surge, catapulting its market cap from $15 million to $146 million in a day, with trading volumes skyrocketing from $8 million to over $220 million.
- Binance’s decision to list two different NEIRO tokens, one for futures and another for spot trading, each with distinct contract addresses, has led to community backlash and confusion over which token represents the “true” NEIRO.
- NEIRO, inspired by Neiro, a Shiba Inu related to the Dogecoin mascot Kabosu, has spawned multiple tokens across blockchains. Despite the community’s enthusiasm, Kabosumama, Neiro’s owner, has explicitly distanced herself from endorsing any NEIRO tokens.
Edited by Parikshit Mishra.
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