When binance listed two NEIRO tokens, they owned both of them in majority supply, listing their second bundle on SPOT sent a message that CEX always wins.
At the time though, the largest community of all NEIRO tokens was bropump NEIRO on socials, it was also doing 10-20x the SPOT volume. Listing at $12m mc was just insiders trying to steal volume.
Now Solana SPOT is winning! Onchain distribution and trading is winning and entire narrative is swinging back the other way!
onchain DeFi is WINNING! The bropump thesis is onchain winning. It's the hail mary.
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