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First Neiro (NEIRO) Soars 850%, Trader Hints Something Fishy

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In this ongoing bearish market sentiment, the price of First Neiro On Ethereum (NEIRO) has skyrocketed by 850%, rising from $0.00003612 to $0.000415 following its listing announcement on Binance. However, traders and investors are showing strong interest in the token, leading to a significant jump in the trading volume from $8 million to over $173 million, according to coinmarketcap data.

Despite the significant surge in the token price and trading volume of the meme coin, the community reactions to Binanceā€™s announcement on X (previously Twitter) are gaining massive attention. According to the listing details, Binance will list two NEIRO tokens ā€“ ā€˜First Neiro On Ethereumā€™ (NEIRO) andĀ  NEIROETH Futures, under two separate contract addresses, each will be maintained by different teams.

Something Fishy in NEIRO, Says Trader

In a post on X, a crypto trader noted that ā€œBinance double check NEIRO, You have NeiroOnEthereum Listed on Futures, then you announced a 15m mc Neiro listing on Spot. Something is fishyā€¦ā€

In a post on X, he also added, that Wintermute the crypto liquidity provider keeps buying the NeiroOnEthereum. Additionally, he noted, ā€œI see no reason why one of the main MM providers of Binance is buying the ā€œwrong NEIRO ā€ and is not holding the ā€œright oneā€!ā€

Contract Address of NEIRO Token

According to the details, the First Neiro On Ethereum (NEIRO) is on the contract address ā€œ0x812ba41e071c7b7fa4ebcfb62df5f45f6fa853ee,ā€ While NEIROETH Futures is on ā€œ0xee2a03aa6dacf51c18679c516ad5283d8e7c2637,ā€ as confirmed by Binance in its announcement.Ā 

Besides NEIRO, Binance will list two other tokens, including BABYDOGE and TURBO. At press time, both tokens have surged by 90% and 15% respectively, in the last 24 hours, according to coinmarketcap data.



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