‘Dogecoin Sister’ Erupts 965%, Two Additional Memecoins Explode After Binance Announces Spot Trading Support

One Ethereum (ETH)-based memecoin soars by triple digits after a sudden itemizing by Binance, the world’s largest crypto buying and selling platform by quantity.

As Binance introduced on website on Monday trade Due to the help for First Neiro (NEIRO), which the venture calls “the official sister of DOGE”, the altcoin rose by greater than 965%.

NEIRO presently has a market cap of $170.3 million and is buying and selling at $0.0004089 on the time of writing.

Binance additionally introduced the itemizing of two different memecoins on the Ethereum blockchain, the factitious intelligence (AI)-inspired Turbo (TURBO) and Child Doge Coin (BABYDOGE).

Turbo is buying and selling at $0.004737 on the time of writing, up greater than 20% within the final 24 hours. With a market capitalization of $329 million, Turbo is the 177th largest cryptocurrency.

In the meantime, Child Doge Coin presently has a market cap of $301.7 million and is buying and selling at $0.000000001994 on the time of writing, up 80% on the day.

Says Binance,

“Binance will listing First Neiro on Ethereum (NEIRO), Turbo (TURBO), Child Doge Coin (1MBABYDOGE) and open buying and selling for the next spot buying and selling pairs on 2024-09-16 10:00 (UTC). New spot buying and selling pairs: NEIRO/USDT, TURBO/USDT, 1MBABYDOGE/USDT, customers can begin depositing NEIRO, TURBO, 1MBABYDOGE in preparation for buying and selling an hour later. Recordings open on 17/09/2024 at 10:00 (UTC).”

Binance hyperlinks all three memecoins with a Seed tag, which the trade applies to tasks with decrease liquidity which will exhibit increased volatility in comparison with different listed tokens. Binance requires customers who personal property with Seed tags to take quizzes each 90 days to make sure they’re conscious of the dangers earlier than buying and selling the tokens.

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