Topic: Binance promoting Shiba Inu - page 5. (Read 1058 times)
I don't think this is much of a problem. Top exchanges promote coins or tokens they feel have much more traction, over its competitors. And binance is no exception. I think Shiba Inu would eventually eclipse Doge coin as the king of meme coins aka shit coins. Lol
I don't think there's a problem in the picture, the name is marketing one product, that's only natural
i first bought shiba on hotbit and the price was getting higher when they are listed on binance and coinbase
and there is a friend who said above for a well-known market list, you need funds
So it's only natural that Binance promotes their partners, with the aim that the wider community knows what Shiba coins are
there is really nothing wrong with that. Because many people have made a good profit from trading this token. When a coin makes a better life for at least a few people, it's great. i first bought shiba on hotbit and the price was getting higher when they are listed on binance and coinbase
and there is a friend who said above for a well-known market list, you need funds
So it's only natural that Binance promotes their partners, with the aim that the wider community knows what Shiba coins are
I don't think there's a problem in the picture, the name is marketing one product, that's only natural
i first bought shiba on hotbit and the price was getting higher when they are listed on binance and coinbase
and there is a friend who said above for a well-known market list, you need funds
So it's only natural that Binance promotes their partners, with the aim that the wider community knows what Shiba coins are
i first bought shiba on hotbit and the price was getting higher when they are listed on binance and coinbase
and there is a friend who said above for a well-known market list, you need funds
So it's only natural that Binance promotes their partners, with the aim that the wider community knows what Shiba coins are
Binance didn't promote Shiba Inu, they just announced Shiba Inu was available on Binance US. In my opinion, the term of promoting and announcing is very different. Promoting means a marketing offer, it is sometimes to use hyperbolic language. While announcing is to let people know the information as it is, no hyperbolic words. So, don't judge Binance promoted Shiba Inu easily.
Even after the Shiba Inu account mentioned Elon in his status, it caused Shiba price to crash. One word from Elon "none" caused the price to fall. It's crazy that the memecoin market conditions would be so easy to manipulate. So we are just looking for a safe investment alternative.
Shiba original intention was to increase the rating, but unfortunately Elon answer was quite disappointing. lol
It's a good move in my opinion if Shiba Inu chooses Binance and the positive effects will be obtained by SHIB because Binance is currently one of the most active exchanges trading activity. So, the promotions carried out by Binance are mutually beneficial for both parties.
Shiba Inu didn't choose Binance, Binance chose shibu. I remember the launch on the exchange recently, where CZ binance felt the need to not to miss out in some meme coins, he was in the business of making money, from transactiob fee etc, not about the fundamentals sometimes. Shibu has the community like the Doge and lots of traders are interested, so is the need to list it. 
Uuhm, isn’t this like the normal thing that exchanges do when they release a new cryptocurrency on their platform? 
If an exchange releases a new cryptocurrency on their platform and it’s trending they are going to promote it for sure by displaying it on their homepage and other platforms.
It’s a normal thing that every business does, your promote the product that is selling out more than the others. Coinbase also launched SHIB on their platform and they also did this same thing and I even got a mail from them that talked about SHIB and two other coins that they launched. They might just do it once and that would be it.
If an exchange releases a new cryptocurrency on their platform and it’s trending they are going to promote it for sure by displaying it on their homepage and other platforms.It’s a normal thing that every business does, your promote the product that is selling out more than the others. Coinbase also launched SHIB on their platform and they also did this same thing and I even got a mail from them that talked about SHIB and two other coins that they launched. They might just do it once and that would be it.
I don't know if they did it. If they do, it will really pay off. If they don't, they post this news with a few add deals to increase their buyers. But it is already pumping. It is taking its place in the market as a good token.
There are several platforms where you can buy Shiba Inu, including Binance, Crypto.com, Atomic Wallet and KuCoin. You can also buy SHIB on Uniswap (via Trust Wallet), which requires you to exchange Ethereum for SHIB.
I think not only binance other exchangers also promote shiba because listing is a promotion.
I think not only binance other exchangers also promote shiba because listing is a promotion.
SHIB ain't really a memecoin anymore if that's the case, even if we know that Binance promotes cryptocoins a lot, they never did promote Dogecoin back then but SHIB is an exception, I think Binance sees the potential that SHIB has compared to Dogecoin, a lot were actually doubting on this coin but I might consider investing in SHIB if this continues.
If Binance promotes the Shiba Inu Token, I think something good will happen to the Shiba Inu even though the promotion carried out by Binance on the platform is a natural thing to happen and other exchanges have done to tokens or coins like what Coinbase has done even though it's not Shiba Inu.
Maybe it will happen to Shiba so that makes the price increase for a small price now. No wonder that the price slowly goes up as many people will be attracted to invest in Shiba. The price is still not too high to buy right now but maybe it is better to wait for another correction to buy at the other lower price. I wonder what will happen to Shiba this month or the next 2 months later. If Shiba price really increases, Shiba can get the top ten position in the crypto market since Shiba now is at number 11 at Coingecko and number 13 at CoinMarketCap.
Shiba inu managed to get closer to binance and coinbase, which is a good sign for shiba holders. look now really altcoin didn't start with ETH or binance, but shiba and sol are very aggressive lately, hopefully this will continue so that this market will grow and get bigger.
the marketing strategy is very good and I feel this is very reasonable on the other hand shiba needs an exchange like binance which is indeed to continue to boost its popularity so that it continues to rise properly because the fomo and hype of this coin is still continuing.
On the other hand, Binance will also benefit because it is possible that not only small investors and Fomo will want to profit from this, Binance also wants to feel the benefits and of course the money they get from Shiba is on their exchange too.
On the other hand, Binance will also benefit because it is possible that not only small investors and Fomo will want to profit from this, Binance also wants to feel the benefits and of course the money they get from Shiba is on their exchange too.
But Binance should also think about the negative impact of this marketing strategy, shiba is a meme coin that has such a big hype, the number of shiba coins is quite a lot nowadays, people will not see this coin as an alternative to that marketing, and I also don't know if Binance can do that, because there are many other coin memes that have big developments in the future, and why did binance choose shiba?
other than in a broad sense we really can't think of shiba as a marketing coin but this would be even better because until now shiba is a hype coin that is still in demand at least for now even though this coin is not suitable for the long term and is only for pump and dump only .
Lots of names behind SHIBA really pumping up the price as much as they can. I am surprised at the run it has had this weekend. Seems like it should base around here for another week or two before the next move up, unless there is a rug pull at some point.
Shiba Inu's continuous performance has led many exchanges to add Shiba Inu to their pairs, this is a natural and good business reason because Shiba Inu is currently trending, and I believe the great potential of Shiba Inu will continue to occur.
Binance didn't promote Shiba Inu, they just announced Shiba Inu was available on Binance US. In my opinion, the term of promoting and announcing is very different. Promoting means a marketing offer, it is sometimes to use hyperbolic language. While announcing is to let people know the information as it is, no hyperbolic words. So, don't judge Binance promoted Shiba Inu easily.
It was indeed a huge jump from Shib today. Investors into Shib are high now a days. Trading volume as well have increased a lot. Another marketing strategy from Binance to Promote Shiba Inu.
I have already invested on this coin and yes, the hype coin has today yielded a reasonable profit to its investors. A good coin to invest on.
This will be a stepping stone for Shiba Inu to become more popular than the other projects. As the project enters Binance the more it gains attraction to the investors. Although, it has a great start as it has been in Binance, the more it grows and its buying demand as well. Think that those early investors has a bigger chance to get huge profit and I believe they were happy with this development. I have already invested on this coin and yes, the hype coin has today yielded a reasonable profit to its investors. A good coin to invest on.
Well, I'd just to look forward that this development will continue, and as Binance taking part in this, probably investors don't have regrets about choosing Shiba Inu as their investment.
why did binance choose shiba?
There is a special thing that makes Binance choose Shiba, because it wasn't actually Binance who chose to put Shiba on their list, but it was Shiba who submitted himself to Binance according to the rules imposed by Binance, so Shiba was able to complete this to place himself into the list Binance. It's a common thing in crypto space because all exchanges will promote those coins/tokens which will provide more revenue into their platform. It's not just about binance, but other top tier exchanges will do that because exchanges will get more revenue from those memecoins. Also according to the tweet, shiba token is promoted on binance us which means, binance want more users into their USA based exchange as memecoins are more popular in there like other countries. That's it and isn't special at all, IMHO.
very exactly it is a common thing to increase the enthusiasm of other traders and investors ,the promo targeted to people who have not used the platform so that it can attract other communities especially for the shiba inu community which is currently becoming popular in some circles
I would not really call this promoting, as most other websites binance also has spaces reserved for advertisements and i would guess that Shiba Inu just baught that ad space for a certain amount of time or it is also possible of course that binance decided to showcase Shiba inu at this space themself if this is they case then binance also has a reason for that. I have not checked for some time but i would guess that Shiba Inu still has a huge daily trading volume and of course binance is an exchange that makes money by having a lot of trading volume and earning fees that way, so it makes sens for them to promote Shiba Inu to generate even more trading volume on their platfrom.
It was indeed a huge jump from Shib today. Investors into Shib are high now a days. Trading volume as well have increased a lot. Another marketing strategy from Binance to Promote Shiba Inu.
I have already invested on this coin and yes, the hype coin has today yielded a reasonable profit to its investors. A good coin to invest on.
I have already invested on this coin and yes, the hype coin has today yielded a reasonable profit to its investors. A good coin to invest on.
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