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Home Market Analysis

NEIRO and Baby Doge Coin Surge Following Binance’s Spot Trading Announcement

September 16, 2024
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NEIRO and Baby Doge Coin Surge Following Binance’s Spot Trading Announcement
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  • Recent announcements from Binance have led to significant price surges for NEIRO, BABYDOGE, and TURBO tokens.
  • Neiro’s performance on Ethereum has shown contrasting trends, with the original token experiencing a downward shift.
  • Deposits for these trading pairs opened on September 16, 2024, at 10:00 UTC.

Following Binance’s announcement of new trading pairs, the market reacted enthusiastically, particularly with Neiro (NEIRO), Baby Doge (BABYDOGE), and Turbo (TURBO) tokens experiencing considerable gains.

Binance Will List @neiroethcto $NEIRO, @TurboToadToken $TURBO and @BabyDogeCoin $BABYDOGE with Seed Tag Applied.

Read more 👉 https://t.co/cwaNCfaAS7 pic.twitter.com/7gvibLZYQ0

— Binance (@binance) September 16, 2024

Significant Price Fluctuations for Meme Coins

The introduction of new trading pairs by Binance has ignited a sharp price volatility, especially for the Neiro token.

Data from CoinGecko indicates that the First Neiro on Ethereum (NEIRO) saw an astounding increase of over 600% following the news, while the original NEIRO token’s value declined. Binance specifically highlighted the listing of First Neiro on Ethereum, which represents the community initiative on this blockchain.

.@neiroethcto This dog’s got some serious swag! pic.twitter.com/S2CoaZlFGb

— H.E. Justin Sun🌞(hiring) (@justinsuntron) September 16, 2024

Similarly, Baby Doge Coin (1MBABYDOGE), another popular meme coin within the Doge community on the Binance Smart Chain (BSC), experienced a favorable reaction as well, rising over 55% in value within a 24-hour period after the announcement.

Turbo (TURBO) also gained traction, with a price increase of approximately 14%, coinciding with the announcement that the TURBO/USDT trading pair would be available starting at 10:00 am UTC on September 16, 2024.

In addition, Binance is set to facilitate NEIRO/USDT and 1MBABYDOGE/USDT trading pairs, with withdrawals becoming available on September 17, 2024, at 10:00 UTC.


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