Why did the price of Neiro skyrocket after the arrest of its market maker? What opportunities are usually associated with such events?

Previously, the CEO of Gobit, the market maker of Neiro, had been arrested. After the news was announced, the price of Neiro immediately plummeted in a short period of time, but then rebounded and rose quickly.

For the bad news spread in the market, we must learn to distinguish which ones can be bought at the bottom and which ones can be left as soon as possible.

For example, the founder of Binance was arrested and imprisoned at the end of April this year. At that time, the price of BNB plummeted, but then rebounded to 700 US dollars.

Unless the news of bankruptcy is verified, such as Binance really went bankrupt and closed, then BNB must be sold as soon as possible.

Otherwise, generally speaking, the first time the market is smashed after the bad news triggers panic is usually a "gold pit".

Back to the topic, from another perspective, this matter may be good for Neiro. As a meme coin, its value depends on the community and consensus. The arrest of the market maker will not be a devastating blow to the meme coin, and it also eliminates its regulatory risks. From this point of view, the rise of Neiro is traceable.

In addition, Gobit is also the market maker of CATI and HMSTR, and these two tokens can also be paid attention to.