Controversial Binance Listing Shakes Up Neiro Token Market

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. First Neiro on Ethereum Skyrockets
  2. Reaction and Criticism
  3. Implications for the Neiro Token Market


    4. This week, a controversial Binance listing has shaken up the meme coin market.

    First Neiro on Ethereum Skyrockets

    ‘First Neiro on Ethereum’ has exploded over 10x in one day after being listed on Binance. Most market participants were unaware of this token until Binance announced the spot listing. At the time, First Neiro on Ethereum had a $15 million market cap, but it quickly shot up to $150 million, with a 24-hour trading volume of $449 million, making it the 14th most traded cryptocurrency.

    Reaction and Criticism

    Critics accused Binance of manipulation after listing the obscure Neiro token with a $15 million market cap. Accusations are based on the fact that Neiro Ethereum, which was added to Binance's futures listing 10 days ago, was not added to the spot listing, causing significant losses for its investors. Neiro Ethereum's market cap has plummeted by 35%, now sitting at $85 million. One critic, Yazan, explained that those with insider knowledge could have profited significantly by shorting Neiro Ethereum on Binance and investing in First Neiro on Ethereum before the listing was announced.

    Implications for the Neiro Token Market

    The ramifications of Binance listing First Neiro on Ethereum have benefited its holders but devastated Neiro Ethereum holders. This situation highlighted the interchangeable nature of many meme coins. The difference between listing First Neiro on Ethereum and Neiro Ethereum was arbitrary, making it difficult to create an edge in trading such tokens.

    The controversial listing of First Neiro on Ethereum on Binance has generated significant buzz in the meme coin market, underscoring its volatility and unpredictability. Market participants will closely monitor the ongoing developments of this situation.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Binance Announces Phased Withdrawal Restart

Binance has announced a phased approach to restarting withdrawals, having replenished 95% of affected assets.

user avatarJacob Williams

Bitcoin Price Recovery Approaches $78,000

Bitcoin's price recovery has brought it closer to the $78,000 mark after a week of volatility.

user avatarSon Min-ho

LIT Token Surges Amidst Mixed Performance in Altcoins

Lighters LIT token experienced a significant surge of approximately 18% to $3.19 on November 1, 2026, amidst mixed performance in major cryptocurrencies.

user avatarZainab Kamara

Circle Releases Technical Guidance for ERC20 Transfers Using CCTP

Circle has published a developer guide detailing how issuers can utilize its CrossChain Transfer Protocol (CCTP) for ERC20 assets beyond USDC.

user avatarAyman Ben Youssef

Curve Finance Launches StableSwap on Stellar Mainnet

Curve Finance has launched its StableSwap system on the Stellar mainnet, marking its first native deployment outside the Ethereum ecosystem.

user avatarTando Nkube

Ondo Finance Introduces Tokenized Investment Portfolios on Solana

Ondo Finance has launched seven investment portfolio tokens on the Solana blockchain for eligible investors outside the US, providing managed exposure to tokenized equities and ETFs.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.