Binance's announcement of the First Neiro on Ethereum led to a staggering 700% price surge, transforming its market cap from $15 million to $146 million in just a day. Trading volumes also soared, highlighting the impact of such exchange listings on market dynamics.
The listing of two different NEIRO tokens for futures and spot trading has led to significant community backlash, with users confused about which token is the 'true' NEIRO, reflecting the challenges of managing multiple token identities.
Despite the community's excitement around NEIRO tokens based on Neiro, a Shiba Inu, Kabosumama, Neiro's owner, has clearly distanced herself from any endorsements of these tokens, which underscores the need for clarity in token representation.
Community reactions on Binance's X post reveal widespread criticism of the decision to list two differing NEIRO tokens, prompting questions about the legitimacy and representation of each token, as the community seeks to understand the implications of the listing.
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