As a seasoned researcher with over two decades of experience in the dynamic world of cryptocurrencies, I’ve witnessed more than my fair share of market fluctuations and exchange announcements. However, the recent surge of NEIRO and TURBO on Binance has caught my attention like never before.
Initially, Neiro on Ethereum and Turbo garnered considerable interest because of a substantial price increase during the broader market’s surge on Tuesday. Interestingly, these coins experienced over a 10% rise as the crypto exchange Binance broadened its support for the tokens. Notably, this major cryptocurrency exchange has recently announced plans to include these assets in futures copy trading. This development has ignited investor enthusiasm due to an ongoing price uptrend.
Binance Enhances Trade Offerings For NEIRO & TURBO Ignting Optimism
Based on an official Binance statement made on October 29th, the futures copy trading sector of their exchange is launching new USD-margined perpetual contracts today at 09:00 UTC. The assets involved are NEIROUSDT and TURBOUSDT, which highlights Binance’s commitment to expanding its trade options for users.
Copy trading refers to a phenomenon where traders on the platform can copy experienced traders’ portfolios in real-time, capitalizing on investment opportunities. In light of TURBO & NEIRO emerging as the hot topics of the meme coin sector with phenomenal price gains recently, these enhanced offerings could pave the way for further investor participation in the asset, thereby helping sustain gains.
Meme Coins Prices Soar
In the course of today’s exchange upgrades and broader market surge, I observed a significant price jump in the coins under analysis. At the time of writing, NEIRO has experienced a nearly 10% increase over the past day, trading at $0.001693. The coin’s low for the past 24 hours was $0.001467, with a high of $0.001741.
In much the same fashion, the value of TURBO increased by approximately 10%, reaching $0.009518. The day’s lowest and highest values for this coin were marked at $0.008604 and $0.0103 respectively. Overall, today’s trading suggests a bullish trend for the coin, fueled by Binance’s continued support, which has ignited market conversations.
Additionally, it’s important to note that historical records show a positive influence on the same cryptocurrencies’ value. For instance, CoinGape Media highlighted an increase in TURBO price following the addition of a new Turkish Lira (TRY) trading pair by the exchange recently.
In a similar vein, the price of NEIRO surged approximately 115% last month following the integration of both futures and spot trading for the meme token on the mentioned exchange. Generally speaking, expanded services from top exchanges tend to have a favorable effect on asset prices.
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2024-10-29 11:27