NEIRO token goes parabolic after Binance listing
surged to a record high of $0.00040, up by over 1,620% from its lowest point this month, giving it a market cap of over $140 million.
This rally occurred after the token received an indirect endorsement from Justin Sun, the billionaire creator of Tron TRON
trx
0.87%
TRON. In an X post, he said the token had “swag,” which was viewed as an endorsement.
Justin Sun is one of the wealthiest individuals in the crypto industry, with Arkham Intelligence estimating his crypto holdings at over $994 million. He also serves as an advisor to HTX, one of the biggest crypto exchanges globally.
NEIRO also jumped after Binance, the largest crypto exchange in the world, announced it would list margined Neiro perpetual contracts on Sept. 16. Cryptocurrencies tend to jump sharply after being listed by tier-1 exchanges like Binance, Upbit, and Coinbase, though these gains are often short-lived.
