Yeah, you heard right, mate. NEIRO just rocketed to a fat 700% price surge after Binance decided to list it for spot trading, and the market went wild. But there’s a twist in this crypto tale, so buckle up. The community’s scratching heads and screaming on X about not one, but two different NEIRO tokens. Confused? You should be.
Binance Drops a Surprise NEIRO Bomb – Market Goes Nuts
Monday morning was just a normal day in crypto land, until Binance announced they were about to launch First Neiro on Ethereum (NEIRO) as part of their spot trading offering. BOOM. That’s when the real fireworks started. Prices took off like a DOGE on steroids, skyrocketing by 700%. We’re talking market cap surging from a low-key $15 mil to a jaw-dropping $146 mil, just like that. And it wasn’t just the price—trading volumes shot from $8 mil to over $220 mil in just 24 hours. Yeah, that’s a LOT of movement.
Two NEIROs, One Mess – Which One’s the Real Deal?
But, the party wasn’t without some chaos. Binance already had NEIRO tokens listed as a futures product, so when they dropped this new spot listing on everyone, things got messy. Real messy. Turns out, the NEIRO spot token isn’t even the same as the NEIRO futures token. They’ve got totally different contract addresses. One’s managed by one team, the other by another. And the community? Not amused.
Everyone on X is wondering how Binance thought this was a good idea. One user, @0x_degengod, raged,
“How are you gonna list the 15M Neiro when you already got the 130M on futures?”
Yeah, that’s the real question here. Binance’s decision-making has sparked full-on confusion.
NEIRO: Born from a Shiba Inu, Lost in the Noise
NEIRO’s origin story adds even more weirdness to the mix. It was inspired by Neiro, a Shiba Inu, which itself is tied to the Dogecoin mascot. Yet, despite the hype, the owner of Neiro—yep, Kabosumama—wants nothing to do with these tokens. She’s distanced herself from them entirely, which leaves everyone wondering what they’re actually backing here.
Futures, Spot, and a Whole Lotta Drama
Let’s be real: Binance kind of dropped the ball with this one. Their futures listing of NEIROETH had been cruising, with almost $1 billion in trading volumes over the past 24 hours. But when the spot listing hit, prices tumbled a steep 40% in no time. Most of those losses came after Asian traders woke up to see this new NEIRO on their dashboards. Not exactly smooth sailing.