One Ethereum (ETH)-based memecoin soars by triple digits after a sudden listing by Binance, the world’s largest crypto trading platform by volume.
As Binance announced on site on Monday trade Thanks to the support for First Neiro (NEIRO), which the project calls “the official sister of DOGE”, the altcoin rose by more than 965%.
NEIRO currently has a market cap of $170.3 million and is trading at $0.0004089 at the time of writing.
Binance also announced the listing of two other memecoins on the Ethereum blockchain, the artificial intelligence (AI)-inspired Turbo (TURBO) and Baby Doge Coin (BABYDOGE).
Turbo is trading at $0.004737 at the time of writing, up more than 20% in the last 24 hours. With a market capitalization of $329 million, Turbo is the 177th largest cryptocurrency.
Meanwhile, Baby Doge Coin currently has a market cap of $301.7 million and is trading at $0.000000001994 at the time of writing, up 80% on the day.
Says Binance,
“Binance will list First Neiro on Ethereum (NEIRO), Turbo (TURBO), Baby Doge Coin (1MBABYDOGE) and open trading for the following spot trading pairs on 2024-09-16 10:00 (UTC). New spot trading pairs: NEIRO/USDT, TURBO/USDT, 1MBABYDOGE/USDT, users can start depositing NEIRO, TURBO, 1MBABYDOGE in preparation for trading an hour later. Recordings open on 17/09/2024 at 10:00 (UTC).”
Binance links all three memecoins with a Seed tag, which the exchange applies to projects with lower liquidity that may exhibit higher volatility compared to other listed tokens. Binance requires users who own assets with Seed tags to take quizzes every 90 days to ensure they are aware of the risks before trading the tokens.
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Generated image: Midjourney
