The meme coin craze in 2024 continues unabated towards the end of the year. Neiro, which was issued after the death of Kabosu, who gave Dogecoin its name, has been attracting serious interest from investors since the summer months.

Binance was surprised

As it is known, there are multiple meme coins called Neiro. One of the most demanded of these coins issued on both Solana and Ethereum was ‘Neiro on ETH’ (NEIRO).

In particular, ‘Neiro on ETH’, which Binance listed in futures trading but took a negative decision on spot, started to attract more interest from whales. Binance made an unexpected move in spot trading and listed Neiro on the Solana network. This situation also drew reaction from the meme coin community.

According to the information provided by Lookonchain, 2 newly opened wallets received $500 thousand NEIRO yesterday. One whale Gate.io and the other made these purchases using OKX exchanges. The opening of 2 wallets on Saturday did not go unnoticed.

After these purchases, a 45% increase in Neiro on ETH is seen. The meme token is trading at $0.11 at the time of writing.

Recently, a trader stated that ‘Neiro on ETH’ has much more upside potential than other Neiro, because the team sold most of the tokens when the expected listing from Binance did not come.

This trader said, ‘For Neiro on ETH, the control is now in the community, not in the team’ and described this meme coin as ‘new PEPE’.