Binance Lists Neiro, Turbo, and Baby Doge Coin Meme Tokens with Seed Tag
major attention in just a month of its launch. Its market cap has skyrocketed by 400% to $102 million within an hour of Binance’s listing announcement. At the time of writing, Neiro token is trading at $0.00026, up by 490% in the past 24 hours, though its value remains highly volatile.
Turbo (TURBO) is another popular meme coin, but being designed by artificial intelligence (AI). Its creator used OpenAI’s GPT-4 model to launch the token with a mere $69 investment. As of now, the token holds a market cap of $270 million and is trading at around $0.0045, marking a 12% rise in the past 24 hours.
Emerging from the same meme-driven community that birthed Dogecoin, Baby Doge Coin (100000BABYDOGE) is a Binance Smart Chain (BSC) token. The meme coin has built its community around fun and lightheartedness while promoting animal adoption awareness.
Meme Coin Market
The meme coin market has experienced significant growth in recent years amid high social media hype, group marketing, and community engagements. In the past one year, the market cap of top meme coins has surged by over 160%, currently standing at $38 billion.
Many big names have also jumped on the memecoin bandwagon, tapping into its growing popularity. For instance, Tron founder Justin Sun launched his own memecoin generator platform SunPump, generating massive revenue and daily activity. Moreover, his meme coin, Sundog, launched in August, has seen its value surge by 500% in the past month.