Meme Coins Defy the Trend: BABYDOGE, TURBO, NEIRO Surge

The cryptocurrency market has seen a dip in the last 24 hours following reports that Donald Trump survived a second assassination attempt. Bitcoin (BTC) slipped below the $60,000 mark and is now trading around $59,000, while Ethereum (ETH) dropped under $2,300.

Despite the market downturn, some meme coins managed to buck the trend, posting significant gains. Notably, Baby Doge Coin (BABYDOGE), Turbo (TURBO), and Neiro (NEIRO) saw impressive price hikes, with NEIRO leading the way by skyrocketing over 500% in a single day to reach a new all-time high. BABYDOGE rallied 50%, and TURBO saw a 12% jump.

This surge came shortly after Binance listed new trading pairs for these coins: NEIRO/USDT, TURBO/USDT, and 1MBABYDOGE/USDT.

Binance labeled these meme coins with a “seed tag,” indicating that they are innovative projects with higher volatility and risk compared to other tokens. The platform advised users to perform thorough research before investing.

Additionally, the exchange announced that the new trading options would be restricted in certain regions, including the USA, Canada, Iran, and the Netherlands, among others.

Meanwhile, other meme coins struggled. Mog Coin (MOG) and Sundog (SUNDOG) were among the biggest losers, with both dropping by double digits. Even meme coin giants Dogecoin (DOGE) and Shiba Inu (SHIB) weren’t immune to the downturn, with DOGE down 3% and SHIB losing 3.5% over the same period.