CandleFocus

Is Neiro’s Breakup with Gotbit a Sign of Deeper Issues?

Neiro, a cryptocurrency project, has announced its decision to cut ties with its market maker partner, Gotbit. The separation was framed as a necessary step to distance itself from Gotbit's controversies, including allegations of market manipulation. While Neiro assured its community that the issues involving Gotbit do not directly involve them, their swift action of pulling funds back and seeking new market maker partners has raised questions about potential financial fallout. The timing of this decision also coincides with a regulatory crackdown on crypto market makers, leading some to speculate about deeper issues or an attempt to protect itself before further regulatory actions. For now, Neiro's investors are left uncertain about the implications of this move.

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