Topic: Binance promoting Shiba Inu - page 2. (Read 1058 times)
Shiba Inu continues to shine and can be said to be the fastest coin to enter the 10 coinmarketcap rankings, many say that it was Elon Musk's millionaire who invested in Shiba that made them great, but I think because of the large number of influencers who actively make reviews and posts about Shiba, it makes everyone interested to invest in Shiba.
According to the WhaleStats service, on November 16, an unknown user purchased Shiba Inu for about $8.3 million During two transactions, the investor bought 171 billion SHIB. Subsequently, he transferred 40 trillion SHIB to new wallets.
$8.3M is not a small capital and is it come from an individual investor or from a venture?Anyway this investment that is reflected with two transactions show that Shiba Inu gradually gets its position in crypto market. I don't believe that it can kill all the zero soon or it will maintain its position in top 10 or 20. It is not easy mission for Shiba Inu because it grows too much in this bull run.
The positive thought I have is Shiba Inu won't die like many altcoins.
According to the WhaleStats service, on November 16, an unknown user purchased Shiba Inu for about $8.3 million During two transactions, the investor bought 171 billion SHIB. Subsequently, he transferred 40 trillion SHIB to new wallets.
https://www.whalestats.com/transaction/ethereum/0x0b497a82c4e3d4630cc3152175307875aafbf0a92211ea7fa5c415af28744500
https://www.whalestats.com/transaction/ethereum/0x1c68ac0a5394eb72cd806e22e2002db56ad68d14ff5014681520cb3fdc22571f
https://www.whalestats.com/transaction/ethereum/0x0b497a82c4e3d4630cc3152175307875aafbf0a92211ea7fa5c415af28744500
https://www.whalestats.com/transaction/ethereum/0x1c68ac0a5394eb72cd806e22e2002db56ad68d14ff5014681520cb3fdc22571f
Rumours... Never saw Binance promoting Shiba in this way. Moreover, they are quite careful when speaking about such memecoins usually. But I really don't care much about this coin - don't want to gamble here.
And that is the right word here, Shiba is a gamble and it is not the sure thing that some investors are trying to make it look, if someone wants to invest in the coin and they can get profits then good for them but by doing so they are taking a huge risk, and just as it could go right it could go wrong, and even if people cannot picture this coin crashing it could happen, and when it does you do not want to be invested there as the losses could be massive.Fit for those who knows how to deal with meme project a type of pump and dump asset, more on timing and good anticipation when riding to the hypes, Binance is not concern about this project they are after with the money investors will bring to the platform.
It's business and what do we expect with a business type of mindset of CZ, He knows how to play and knows how to take his slice when
there's a huge amount of money that flowing.
Invest with your own knowledge and not to fall with the hypes of fomos, the best practice for every investor.
Be it binance or Kraken, they profit with larger trade volume. They don't care what and where the money goes they just take a commission on every trade. It doesn't matter to them whether the price of the coin listed goes up or down, they just care if it's getting enough volume and large number of users. Just like social networks, they'll promote what's being hyped or what's in the trend.
Today, the former CEO and product manager of Kraken, Brian Hoffman, hints that the Kraken exchange may list Shiba Inu, he tweeted that he "feels good" about the upcoming week, adding a gif with an image of a Shiba inu dog typing on a laptop.
Rumours... Never saw Binance promoting Shiba in this way. Moreover, they are quite careful when speaking about such memecoins usually. But I really don't care much about this coin - don't want to gamble here.
And that is the right word here, Shiba is a gamble and it is not the sure thing that some investors are trying to make it look, if someone wants to invest in the coin and they can get profits then good for them but by doing so they are taking a huge risk, and just as it could go right it could go wrong, and even if people cannot picture this coin crashing it could happen, and when it does you do not want to be invested there as the losses could be massive.Fit for those who knows how to deal with meme project a type of pump and dump asset, more on timing and good anticipation when riding to the hypes, Binance is not concern about this project they are after with the money investors will bring to the platform.
It's business and what do we expect with a business type of mindset of CZ, He knows how to play and knows how to take his slice when
there's a huge amount of money that flowing.
Invest with your own knowledge and not to fall with the hypes of fomos, the best practice for every investor.
Rumours... Never saw Binance promoting Shiba in this way. Moreover, they are quite careful when speaking about such memecoins usually. But I really don't care much about this coin - don't want to gamble here.
And that is the right word here, Shiba is a gamble and it is not the sure thing that some investors are trying to make it look, if someone wants to invest in the coin and they can get profits then good for them but by doing so they are taking a huge risk, and just as it could go right it could go wrong, and even if people cannot picture this coin crashing it could happen, and when it does you do not want to be invested there as the losses could be massive. 
Binance is open for business and will always be a business place. Have you check why they remain with just 21 node despite having one of the fastest network that's efficient than ethereum.
If I recall, the day Binance listed Shiba Inu, they ran out of Erc-20 deposits addresses because of the demand in shiba. They will do anything to promote their interest, that's what they are and what the company interests.
But OP, tell me, you wouldn't have complained about it if you are holding some bags of Shiba Inu
Binance is the path of entrepreneurs outside the ecosystem, actually many projects they hold, none of them are specifically tied up from the start, this they did in their second journey, the interests of the company far outweigh the criticism of many people, so Binance doesn't really care about promotion what they did to shiba, because basically they benefited for two reasons, first the profit from shiba promotion and second from the exchange that took place on Binance. If I recall, the day Binance listed Shiba Inu, they ran out of Erc-20 deposits addresses because of the demand in shiba. They will do anything to promote their interest, that's what they are and what the company interests.
But OP, tell me, you wouldn't have complained about it if you are holding some bags of Shiba Inu
Binance is open for business and will always be a business place. Have you check why they remain with just 21 node despite having one of the fastest network that's efficient than ethereum.
If I recall, the day Binance listed Shiba Inu, they ran out of Erc-20 deposits addresses because of the demand in shiba. They will do anything to promote their interest, that's what they are and what the company interests.
But OP, tell me, you wouldn't have complained about it if you are holding some bags of Shiba Inu
If I recall, the day Binance listed Shiba Inu, they ran out of Erc-20 deposits addresses because of the demand in shiba. They will do anything to promote their interest, that's what they are and what the company interests.
But OP, tell me, you wouldn't have complained about it if you are holding some bags of Shiba Inu
Rumours... Never saw Binance promoting Shiba in this way. Moreover, they are quite careful when speaking about such memecoins usually.
When the craze of IEOs, they have been promoting a lot of projects and helping them to be better in marketing. That's why if Binance sees a project that they'll earn as well by promoting it, they won't care to do it and just put it right away to the best that they can and will make a simple article about it.But I really don't care much about this coin - don't want to gamble here.
I don't invest on the coin but let's just acknowledge those that have made profit trading it. 
Rumours... Never saw Binance promoting Shiba in this way. Moreover, they are quite careful when speaking about such memecoins usually. But I really don't care much about this coin - don't want to gamble here.
For a coin meme like Shiba does have an amazing following, even now the Shiba Inu has pumped up twice. Indeed, seeing the development of the Shiba Inu is quite interesting and a little trying to shift the existence of the Doge who at that time had been widely discarded. With the emergence of the Shiba Inu, it is clear that this is a new target for investors, and many are making huge profits from the sale of the Shiba Inu.
When no one believed it, the doge gave me satisfaction! Spending some money on shiba is not to be overlooked.
I think it is an investment to make, I was reading an article by a person who bought 8000 $ in shiba, I would say that in this period it has paid off
For a coin meme like Shiba does have an amazing following, even now the Shiba Inu has pumped up twice. Indeed, seeing the development of the Shiba Inu is quite interesting and a little trying to shift the existence of the Doge who at that time had been widely discarded. With the emergence of the Shiba Inu, it is clear that this is a new target for investors, and many are making huge profits from the sale of the Shiba Inu.
Shiba inu has been very strong these days. It's also on the facebook community I started talking about the future and potential of Shiba inu. And I now understand why Shiba is trending. It turns out that binance also promotes Shiba inu that makes the trend of Shiba inu strong. The Shiba Inu is the second beast coin after the powerful dogecoin to survive for the long term.
For the meme coin category, shiba has a unique way of promotion. I also found on Facebook the holders of shiba calling themselves shiba army confident that this coin will exceed the doge. If it is going to be able to be like a doge then from now on for long-term investments will be a great result. News like this is just an indication to buy more Shiba Inu and hold but applying risk management even in your holding will say a lot. Remember Shiba Inu is just a meme coin despite the hype it has no significant use and as such can cause a major crash any time in the future so trading with big caution would save a whole lot
You should always have that in mind before investing,
risk management is very needed since the fluctuation can be favorable or also not favor to your position,
but if you do believe that there's a big chance taking the risk and step up to invest always depends on how you take your investment.
Binance most of the time, (if not always) hypes every coin that is added to their exchange. Shiba is gaining more interest so they are just riding and earning out from it.
Shiba is listed on the Binance exchange, so promotion by Binance is nothing new, as Binance is doing the same with other tokens listed on their exchange. However, after Binance's tweet the price of Shiba tokens started to increase. But can these prices hold up well?
you are right, Binance just trying to earn additional money on Shiba Inu hype while it's in full swing. who knows maybe in 2-3 months SHIB volumes will be 1/10 from today's.
It's not that they really are promoting it.
They have commissions per trade so that's why they want everyone who's trading shib to go to their exchange and have their trades there. It's common when an exchange do that.
They have commissions per trade so that's why they want everyone who's trading shib to go to their exchange and have their trades there. It's common when an exchange do that.
Shiba is listed on the Binance exchange, so promotion by Binance is nothing new, as Binance is doing the same with other tokens listed on their exchange. However, after Binance's tweet the price of Shiba tokens started to increase. But can these prices hold up well?
But you must admit that the promotion done by Binance to have a real impact on the SHIB price. With the big name of Binance, whatever coin they promote, should bring a good impact to the price of that coin. People will think that SHIB to have a good future in Binance and it is the indicator of the potential of that coin. People will be interested to buy more SHIB, and it really happened yesterday. 
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Shiba is listed on the Binance exchange, so promotion by Binance is nothing new, as Binance is doing the same with other tokens listed on their exchange. However, after Binance's tweet the price of Shiba tokens started to increase. But can these prices hold up well?
Shiba is a twin coin to Doge, so if their history will be similar, you can expect the price to continue to rise. I think we can expect further Shib increases until the next bear market. Of course, the listing on Binance was a very important moment, but Binance is promoting all the coins that can be traded there.
It is really interesting. I have been using Binance a lot for a long time. But I haven't noticed this news until seeing it here. I don't know if Binance promoted a coin like this before but I'm witnessing it for the first time. SHIB could be the most popular altcoin in the recent times. People talk about it a lot. Elon Musk also talked about it but he said that he didn't own any. And the price decreased sharply right after that. Let's see if we will witness a new pump after this promotion.
Very normal for exchange platforms on listing out coins which are on trending or in hype just for the sake of liquidity and volume of course.Its already been a while on where SHIB is been listed and traded up on Binance. Let's see if we will witness a new pump after this promotion.In regards with Elon musk then this guy do really make out words which the community do make some immediate reactions.Im much aware of those
clarification made out by Elon about not holding shib.
Of course the public would make out presumptions that the price might be going down and it did.
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