Big News: $NEIRO the memecoin inspired by the late Kabosu, skyrocketed 700% after Binance listed it on their spot market, creating a huge buzz in the crypto world.

What is NEIRO?

NEIRO is a memecoin connected to the legacy of Kabosu, the Shiba Inu who inspired Dogecoin. Despite no official backing from Kabosumama, the community has been active in creating NEIRO tokens on Ethereum and Solana. The recent Binance listing has brought NEIRO into the spotlight.

Binance’s Surprise Listing:

- Initial Impact: Binance's unexpected spot listing of NEIRO on Ethereum sent its market cap soaring from $15 million to $146 million in just 24 hours.

- Trading Surge: Trading volume jumped from $8 million to over $220 million as traders rushed to buy in.

Confusion and Backlash:

- Two Tokens: Binance listed two NEIRO tokens with different addresses—one for futures and one for spot trading, causing confusion in the community.

- Market Reaction: After the initial 700% surge, NEIRO’s price dropped 40% within a day, leading to panic selling.

What’s Next?

NEIRO’s dramatic price movement has made it a hot topic in crypto circles. Despite the recent drop, volatility remains high, and many traders are still watching to see if NEIRO will continue to make waves.

Stay Tuned:

The NEIRO saga is far from over. With ongoing market volatility, keep a close eye on this token as the situation unfolds.

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