Binance has elevated SHIB from its Innovation Zone to its primary platform, marking SHIB as a fully supported asset. This transition signifies a new chapter for SHIB, moving beyond speculation towards recognition for its value and stability.
Shiba Inu achieves a significant milestone as Binance selects it as its inaugural decentralized finance platform. Binance's decision reflects SHIB's adherence to stringent evaluation criteria, encompassing ethical behavior, responsiveness, development activity, trading volume, liquidity, and network stability.
Shiba price and trade volumes source:coinmarketcap
Previously categorized as a high-risk, highly sensitive token, SHIB's graduation from the Innovation Zone illustrates its evolution and consolidation within the crypto market. This move underscores SHIB's gradual growth and solidification as a cryptocurrency.
SHIB's full listing on Binance follows its sustained efforts, including the launch of Shibarium's testnet and the upcoming mainnet launch. Additionally, the increasing interest and engagement of SHIB enthusiasts on social media and in development circles contribute to SHIB's trajectory.
While celebrated by the SHIB community, there's an ongoing campaign for the integration of the SHIBASWAP protocol's Bone (BONE) token on Binance. Advocates seek enhanced ecosystem accessibility and functionality through BONE's inclusion in Binance's listings.
SHIB's evolution into a fully backed asset on Binance signals promising prospects within the cryptocurrency realm. With its growing popularity and utility, SHIB stands poised to make significant strides, potentially rivaling established cryptocurrencies like Ethereum and Bitcoin.
In essence, SHIB's journey from the Innovation Zone to full support on Binance reflects its maturation and growing influence in the crypto market, hinting at a promising future ahead.
Shiba Inu surpasses 4M addresses, but activity slows. Price stalls amid market uncertainty. Stable trading volume suggests sustained interest. Investors should monitor for developments.
Huang BoShiba Inu's open interest plunges by over 40% in two weeks, raising concerns about its price trajectory. Historical data suggests a correlation between declining open interest and downward price movements, indicating potential trouble ahead for SHIB's value.
Huang BoShiba Inu soars alongside Bitcoin's rise, hitting multi-month highs with a 25% increase in early trading and a 114% spike in trading volume. Large holder inflows surge by 700%. Expansion plans include launching a privacy-focused network on the Shibarium blockchain.
Huang BoShiba Inu's recent surge in Daily Active Addresses and the recovery in Shibarium transaction counts indicate a potential shift in momentum. The token's value, currently at $0.000009246, may see a reduction in zeros. While the percentage changes over 24 hours and seven days are slightly negative, the increased user activity and transaction counts signal optimism.
BerniceShiba Inu rises to second in trading volume on WazirX, India's top crypto exchange, surpassing major cryptocurrencies, despite recent market downturns.
BrianShiba Inu's token burn rate leaps with .shib domain launch, hinting at future price potential.
AlexShiba Inu collaborates with D3 Global to secure the .shib domain, revolutionizing Web3 and enhancing digital identities.
BerniceShiba Inu secures a pivotal listing on Japan's Coincheck exchange, marking a significant step in its global expansion.
Sanya
Bitcoinworld“I’m just a nonentity typing on a keyboard, I’m replaceable. I’m Ryoshi,” the Shiba Inucoin founder previously said.
Cointelegraph