Recently, the meme coin market has once again become the focus. A new Ethereum meme coin called "Dogecoin's official sister" soared 965% in one day, while another meme coin called First Neiro also achieved an 8,200% increase in six months. If you invested $1,000 in the early days of First Neiro's release, it would now become $83,000. This high return attracted a large number of new investors, especially after Binance announced the listing of the coin, and its price rose sharply within 24 hours.

First Neiro calls itself the "sister" of Dogecoin. Binance's listing decision attracted new investors to rush in, driving the price up rapidly. However, the price of meme coins is extremely volatile and depends on market hype. Once the heat subsides, its value may fall rapidly. Despite this, investors who quickly entered the market after First Neiro was listed on Binance still received generous returns.

In contrast, although Dogecoin is the leader of meme coins, it has not performed as well as First Neiro due to the impact of reverse trading. This has prompted traders to look for new alternatives, driving the craze for new meme coins. In addition, with the rise of the meme coin sector, in addition to the traditional three giants such as Pepe, Shiba Inu (SHIB), and Dogecoin (DOGE), Musk's "Dog Series" concept coins have also begun to emerge. Binance recently reported a new Musk concept meme coin called #MARVIN , which is named after the name of Musk's dog. Because Musk often mentions his pet dog on social media, marvin has received widespread attention.

Unlike Binance's previous practice of only listing meme coins when the market value reaches hundreds of millions of dollars, this time Neiro was included in the platform when the market value was only more than 10 million US dollars. This is considered to provide more opportunities for users while also providing a stage for projects in the primary market.#marvincurrently has a market value of only more than 300,000 US dollars, but with Binance Square and active promotion, it is expected to reach a market value of tens of millions of dollars soon, thus entering Binance's vision. Despite this, there are great risks in investing in such high-volatility meme coins, but given their potential high returns, some investors are still willing to try.

It should be noted that the price of meme coins fluctuates greatly and lacks substantial intrinsic value support, so investors should be cautious about such investments.