First Neiro on Ethereum (NEIRO) Soars 850%, But Traders Smell Something Fishy

In this ongoing bearish market sentiment, the price of First Neiro On Ethereum (NEIRO) has skyrocketed by 850%, rising from $0.00003612 to $0.000415 following its listing announcement on Binance. However, traders and investors are showing strong interest in the token, leading to a significant jump in the trading volume from $8 million to over $173 million, according to coinmarketcap data.

Community Reaction on Binance’s NEIRO Listing

Despite the significant surge in the token price and trading volume of the meme coin, the community reactions to Binance’s announcement on X (previously Twitter) are gaining massive attention. According to the listing details, Binance will list two NEIRO tokens – ‘First Neiro On Ethereum’ (NEIRO) and  NEIROETH Futures, under two separate contract addresses, each will be maintained by different teams.

Something Fishy in NEIRO, Says Trader

In a post on X, a crypto trader noted that “Binance double check NEIRO, You have NeiroOnEthereum Listed on Futures, then you announced a 15m mc Neiro listing on Spot. Something is fishy…”

In a post on X, he also added, that Wintermute the crypto liquidity provider keeps buying the NeiroOnEthereum. Additionally, he noted, “I see no reason why one of the main MM providers of Binance is buying the “wrong NEIRO ” and is not holding the “right one”!”

Contract Address of NEIRO Token

According to the details, the First Neiro On Ethereum (NEIRO) is on the contract address “0x812ba41e071c7b7fa4ebcfb62df5f45f6fa853ee,” While NEIROETH Futures is on “0xee2a03aa6dacf51c18679c516ad5283d8e7c2637,” as confirmed by Binance in its announcement. 

Besides NEIRO, Binance will list two other tokens, including BABYDOGE and TURBO. At press time, both tokens have surged by 90% and 15% respectively, in the last 24 hours, according to coinmarketcap data.