Neiro ETH has been poured on Binance, but there is, as they say, a nuance
Let's take two pieces of news:
On August 1, Binance News writes that Bubblemaps identified 78% of Neiro tokens as having been spotted by insiders/teams.
And already on September 6 lists this memcoin on Binance perp listings.
Between the receipt of tokens by market maker Wintermute, listing on Bybit it fell from $280M capitalization to $22M, where another market maker took advantage of the situation and got enough token supply for cheap.
He did the famous trick with catching up volumes on Bybit futures (up to $300M / day) and sold it as a high volum meme koin cambake story for Binance.
As a result - the token is worth $160M, the market maker and insiders are rubbing their hands happily waiting for the opportunity to trade the token on Binance.