CandleFocus Neiro’s Binance listing sparks heated online disputes
2024-09-16
Author: Content Editor
On September 16, Binance, the largest crypto exchange, listed the Neiro token for spot trading. Neiro is a dog-themed meme token centered around Akita Neiro, a Shiba Inu rescue dog owned by Atsuko Sato, who is known for owning the dog that inspired Dogecoin. After the listing, the Neiro meme coin rallied over 700% within 24 hours. However, there are two Neiro tokens on the Ethereum blockchain, and the listing decision by Binance caused a divide within the Neiro community. Some praised the move, while others claimed foul play and manipulation, alleging involvement from Tron founder Justin Sun and other insiders. There were also concerns about insider information and frontrunning, as an unknown investor made significant profits shortly before Binance's listing announcement. Neutral parties expressed concern about the situation and questioned the potential legal repercussions for Binance, as well as the fairness of its involvement in the volatile memecoin market.
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