Amid a market downturn, Neiro is once again making meme coin news. As if the Neiro drama and PVP weren’t enough, a new drama dropped over the weekend as the Binance Neiro association was cut short.
There is a never-ending story about Neiro and which coin is the correct one. Cults are being built around each coin being actively traded, and so on.
But everything topped Friday as Binance dropped a news piece on its platform that changed everything.
Insider trading on the favorite Neiro of influencers? Shocker.
What a shocker. Insider trading on a coin with no community but heavily mentioned by a group of influencers. Is this the cabal in action? And it happens just as we thought we had it all figured out, which is Neiro, the correct one leading up to Friday, as we talked about here.
According to CryptoPotato and Binance, the Neiro team still holds 66% of the supply. They could send Neiro to $0, which makes it highly unlikely an exchange such as Binance would take the risk on its customers!
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Neiro Price Chart Analysis: Is it Over For The New DOGE?
It is, in fact, not over. The Neiro chart looks quite okay as it is here. On Friday, we updated the chart in our article, telling people not to panic if they experienced a sell-off. It appears we got it together with the market-wide crypto sell-off.
Friday, we saw it deviate above the all-time high, touch the trendline, break below it, retest it, and drop. This is simply how you would describe a perfect top-looking.
For now, we see a $100M market cap being protected by whales, as every touch of it sends the price pumping. You do not want to see acceptance below $100M, which could accelerate the sell-off much lower!
Safe to say the Neiro drama continues.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
