What is Neiro? The Most Confusing Memecoin on Binance Listing

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For the first time in recent years, Binance has listed a Token that, as soon as the listing news was announced, the market cap of the Token increased nearly 5 times, which caused a stir in the crypto community on September 16. In addition, there is also the strange thing that Binance previously listed a coin with the same name NEIROETH on Binance Futures, but when listing on the spot, it was another NEIRO ? So what is so special about this NEIRO that made Binance list it directly like this? Let's find out with Allinstation in this article!

=> Read more: Binance announces listing of Neiro (NEIRO), Turbo (TURBO) and Baby Doge Coin (100000BABYDOGE)

What is NEIRO?

Neiro is an Ethereum memecoin inspired by the name of Neiro, the dog recently adopted by the owner of Kabosu – the symbol of the legendary memecoin Doge when he passed away in May 2024.

NEIRO
NEIRO

=> Read more: Dogecoin 's iconic dog Kabosu passes away

This NEIRO memecoin is the fastest coin named after a dog to be created on the Ethereum system, as it took just over 10 minutes after the tweet of its owner Atsuko Sato, and then over an hour later, another NEIRO coin that was listed on Binance Futures was created. So the first NEIRO coin created was named The First NEIRO on Ethereum .

After The First NEIRO on Ethereum , dozens of memecoins with the name NEIRO appeared on many different chains, typically NEIRO Solana and NEIRO Ethereum (NEIROETH) . After that, the community had arguments about which NEIRO was the OG and worth investing in. Although The First NEIRO on Ethereum was initially weaker in terms of Capital compared to NEIROETH , the marketcap of both seemed to be equal when listed on Binance .

Thời gian tạo token của The First NEIRO - NEIRO
The First NEIRO Token Generation Time – NEIRO
Thời gian tạo token của NEIROETH
NEIROETH Token Generation Time

NEIRO is iterated with two purposes that have been mentioned in the project, which are:

  • Create a reserve that can be used for future listings on centralized exchanges (CEX).
  • Make charitable donations to dog shelters and other anti-animal abuse funds.

Vitalik Buterin's charity fundraising story with NEIRO

Since its inception with a total supply of 420 billion Token, the project team has sent a total of more than 17 billion Token to Vitalik Buterin's wallet address.

Then when this Token was listed on the exchange, Vitalik sold all the Token, earning more than 119,000 USD.

The incident was also known by the NEIRO team and they tagged Vitalik 's name on their tweet to notify.

Dự án tag tên Vitalik thông báo
Project tag name Vitalik announced

Immediately after that, Vitalik himself confirmed that he had Token Sale and would donate that part to an animal charity fund.

The incident attracted a lot of attention from the community, and from there, The First Neiro's reputation also resounded more. The project's Token also skyrocketed more than 40 times just a few days after this incident happened.

Binance Listing and the Controversial Story

On September 16, 2024, Binance announced the listing of the spot Token $NEIRO along with 2 other meme coins, but soon after, the community discovered that the NEIRO listed on the spot was completely different from the NEIROETH that Binance had previously announced for Futures listing, this incident caused the price of the NEIROETH Token to drop more than 40% immediately.

In addition, another interesting fact is that before the listing announcement, The First NEIRO on Ethereum Token had quietly increased more than 5 times, bringing the marketcap from 18 million USD to more than 160 million USD at the time of writing.

Gía NEIRO tăng gấp 5 lần
NEIRO price increased 5 times

NEIRO Token Information

Token Metrics

  • Token Name: The First Neiro on Ethereum
  • Ticker: NEIRO
  • Blockchain: Ethereum
  • Contract: 0x812Ba41e071C7b7fA4EBcFB62dF5F45f6fA853Ee
  • Initial Supply: 420,690,000,000 NEIRO

Token Allocation

Neiro says the NEIRO Token will be 100% community-driven and not allocated to anyone else, except for the initial 10 billion supply reserved for Vitalik.

Token Vesting

100% Token unlocked

Wallets and Exchanges

Storage wallet

Currently, when NEIRO Token is launched, users can withdraw Token to ETH network wallets such as Metamask, Trust

Trading floor

Currently, NEIRO Token has been listed on major CEX exchanges such as Binance, OKX, Bybit

Investors and partners

There is currently no information about NEIRO's investors and partners.

Frequently Asked Questions

What is NEIRO?

NEIRO is the first Token created on the ETH chain whose symbol is a new dog adopted by the owner of Doge 's old symbolic dog.

Where can I buy NEIRO?

You can now buy NEIRO directly on major exchanges like Binance

Summary

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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