KEY TAKEAWAYS

• Binance has added three new meme coins to its listing, which are $NEIRO, $TURBO, and $BABYDOGE.

• Binance has identified these tokens with its "Seed tag," indicating high volatility and potential risks.

• NEIRO, a meme coin linked to the Doge community, experienced a 928.42% price increase over the last week.

• TURBO, an AI-created token driven by the community, saw a 17.24% increase in value in the last week.

• $BABYDOGE, which originates from the Doge meme community, experienced a 91.28% price increase over the last week.

The popular crypto platform Binance has added three new meme coins to its list, all with a small market cap. The tokens consist of First Neiro On Ethereum ($NEIRO), Turbo ($TURBO), and Baby Doge Coin ($BABYDOGE).

Trading for these tokens commenced at 10:00 UTC on September 16, featuring the spot trading pairs NEIRO/USDT, TURBO/USDT, and 1MBABYDOGE/USDT that are currently accessible on Binance.

Users were informed in a statement that they could deposit NEIRO, TURBO, and 1MBABYDOGE before the official launch for trading, starting one hour earlier. Withdrawals are scheduled to start on September 17 at 10:00 UTC.

A few critics question the inclusion of coins with small market caps before the "Binance pump" started.

What are $Neiro, $Turbo, and $BABYDOGE meme coins?

Neiro, known as the "DOGE's little sister," is a meme currency created after the Shiba Inu Kabosu, a key figure in the Dogecoin community, passed away. After Kabosu's family welcomed a new Shiba Inu named Neiro, the cryptocurrency rapidly became popular.

Turbo, an additional meme coin available on Binance, is a community-led venture developed with artificial intelligence. The token was launched by its creator using OpenAI's GPT-4 model with just a $69 investment.

In the Doge meme community, Baby Doge Coin has gained popularity for its fun and charitable nature as a token on the Binance Smart Chain.

Binance cautioned traders that the recently added tokens are highly volatile and pose risks. Because these projects are relatively new, users are encouraged to do extensive research and use strong risk management strategies when trading these assets.

Binance has marked all three tokens with their "Seed" tag. As per the exchange, Seed tokens are seen as new projects that might have more volatile and risky characteristics than other tokens on the list.

$Neiro, $Turbo, and $BABYDOGE experience a sudden increase after being added to Binance.

After the announcement of being listed on Binance, $NEIRO, $TURBO, and $BABYDOGE experienced a significant increase in their prices.

The champion Neiro gained a 327.8% increase in value, reaching $0.00019. The token's price has experienced an impressive increase of 928.42% in the last week, now standing at $0.0003791. In the last 24 hours, the coin has experienced a 12% increase.

Currently, the coin has a market capitalization of $158.65 million. The trading volume surged by 159.47% in the previous 24 hours, reaching $390.04 million. Neiro's volume-to-market cap ratio is a significant 252.35%. Neiro has a total supply of 420.69 billion, with 99.49% of it currently in circulation in the market.

Turbo experienced a lesser effect on prices, increasing by 4.5%. Despite a 17.24% increase in the last week, the coin has dropped by slightly over 1% in the last day. The token's market capitalization has also slightly dropped by 0.52%, to $290.19 million, in the last 24 hours.

Nevertheless, Turbo saw a 38.40% increase in trading volume, reaching $148.39 million. Having 64.49 billion TURBO in circulation, the coin has a volume-to-market cap ratio of 51.70%, showing moderate trading activity when compared to Neiro.

At last, Baby Doge Coin saw a 38.7% increase in value after the announcement of its listing. In addition, it has experienced a price increase of 91.28% in the last week, currently priced at $0.00001835.

In the last day, the market cap of the token rose by 15.81% to $278.99 million, and the trading volume also increased by 66.91% to reach $176.44 million. The coin contains 152.02 quadrillion BABYDOGE in circulation, resulting in a volume-to-market cap ratio of 63.97%.

The main point

Binance decided to list $NEIRO, $TURBO, and $BABYDOGE meme coins because of their committed communities and high demand, despite having small market caps. For those who support the projects, it becomes simpler to participate when a memecoin is listed on a centralized exchange.

Keep in mind that crypto markets can change unexpectedly. Hence, it is crucial to thoroughly research before investing and never risk more than you are willing to lose. Crypto price predictions by experts are not always accurate.

FAQs

How to buy $NEIRO?

To buy NEIRO, you need to create an account on Binance, which may include completing KYC verification, and then trade on the NEIRO/USDT pair.

How to buy $Turbo?

To buy Turbo, you need to create an account on Binance, which may include completing KYC verification, and then trade on the Turbo/USDT pair.

How to buy $BABYDOGE?

To buy BABYDOGE, you need to create an account on Binance, which may include completing KYC verification, and then trade on the BABYDOGE/USDT pair.