Binance promoting Shiba Inu - page 7.

mikemiller023

jr. member

Activity: 124

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Quote from: krishnaverma on October 23, 2021, 03:29:47 AM

You can see a lot of Twitter accounts promoting $SHIB. From the starting the marketing team of Shiba Inu is showing their excellency. Thus they attracts investors eye. I don't think about the binance promotional messages about Shiba Inu but I concerned that it is growing too much.

coinbitrade

full member

Activity: 714

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Quote from: geegaw on October 24, 2021, 09:35:37 AM

Quote from: _IRMAN on October 24, 2021, 02:59:18 AM

Binance is promoting all hype coins/tokens not just $SHIBA, because Binance wants that hype traffic to go to Binance rather than to its competitors.

The advertising source of Binance is being fully utilized and more on Shiba coin as it is one of the few projects related to the richest person Elon Musk, he has actively spoken out about it many times and many articles envision it as a force that directly confronts and devours dogecoin, its advantage has been revealed recently with a sharp increase in both ratings and price, binance's media is also really quick to announce it and attract users. By using such public relations, Shiba coin and binance will probably be the kites that will meet the wind in the near future.

it is enough that this token has already made 60,000% of the profit in a year for those who entered at the start. Isn't that enough? This is the fun of the year, but at the same time shiba has improved the lives of many people and it's great!

geegaw

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Quote from: _IRMAN on October 24, 2021, 02:59:18 AM

Binance is promoting all hype coins/tokens not just $SHIBA, because Binance wants that hype traffic to go to Binance rather than to its competitors.

The advertising source of Binance is being fully utilized and more on Shiba coin as it is one of the few projects related to the richest person Elon Musk, he has actively spoken out about it many times and many articles envision it as a force that directly confronts and devours dogecoin, its advantage has been revealed recently with a sharp increase in both ratings and price, binance's media is also really quick to announce it and attract users. By using such public relations, Shiba coin and binance will probably be the kites that will meet the wind in the near future.

michellee

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Quote from: thesosorr on October 24, 2021, 02:33:41 AM

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.

zasad@

legendary

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https://twitter.com/MMCrypto/status/1452251185868689418
"No hate against SHIBA! Lovely project. I am talking just about the 600’000% return it already made within 7 months.
NOW IS THE TIME TO SELL $SHIB NOT TO BUY!"

There will be a big hamster haircut soon.
When large exchanges list this shit, then it's time to at least take some of the profits, so that later it would not be so offensive.

Dewiana

member

Activity: 533

Merit: 60

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It could be that SHIBA INU continues to collaborate, in the top Exchange, to trade on SHIBA INU
currently Binance, Mandala Exchange, OKEx, Huobi Global, and shiba are currently struggling to maintain
Level up value and exchange and will earn more memecoins

babygun

sr. member

Activity: 2170

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Quote from: Bitbtc8 on October 24, 2021, 05:08:45 AM

I don't know why people are feeling so hesitant to invest on shiba, they have forgotten that even if a crypto project have a very good use case it's still left for the team to make sure the project is successful well it's same story for all crypto projects either meme coins or not, it's 💯 left for the team to show what they can do and shiba isn't lacking behind on that area

Lol, Shiba Inu is just a memecoin without any real use, there is zero development in it. Buying this coin for the long term, is an incoming disaster but it is a good coin for short term or day trading.

TastyChillySauce00

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It seems like that you are not familiar with binance. Cheesy

that's not even a promotion by binance for shiba inu. Shiba inu got listed on binance US and that's why it was creating an awareness for users to make sure if they can aware if shiba already listed in binance US. Binance global was also doing this when it was listing a new token. Im always seeing a new banner appears when a new coin already introduced to be traded on binance.
If the token was also creating a trading competition and some banners may appear as information about such event.
That's only an information by binance US for its traders. It's not a promotion trick of something else related to the promotional event. So many exchange sites were also doing this thing.

Bitbtc8

full member

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I don't know why people are feeling so hesitant to invest on shiba, they have forgotten that even if a crypto project have a very good use case it's still left for the team to make sure the project is successful well it's same story for all crypto projects either meme coins or not, it's 💯 left for the team to show what they can do and shiba isn't lacking behind on that area

ashmodeus

hero member

Activity: 1638

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so far i know , when some coins come to US Market , its mean credibility of that coins must be good , meanwhile , shiba has changed which was just a meme token, now it's a legitimate project, yeah even though I don't know where it is, i just read it from article, so what u mean promoting its not really promotion, they(binance) just added new market on their exchange on US.

so98nn

hero member

Activity: 2114

Merit: 603

Come on, they are not doing it. It's just another flag of binance over their website. They are doing it with multiple coins all the time. They keep coming with such ideas and promotions with different different coins all the time. Moreover, I actually invested in SHIB INU when I saw their contest banner few months ago. So it is not the first time they have done this. Also there is nothing special about the SHIB INU, so dont get any special ideas out of this. It's just the way binance promote different contest now and then to attract more and more clients to trade those coins and ultimately use binance. For example, this competition can lead to heavy traffic on the exchanger, driving more volume etc.

Gayong88

member

Activity: 1540

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Shiba Inu went up because DOGE was booming at the time and continues to fly high today because of listing on Binance and this is one of CZ's opinions about it some time ago https://prnt.sc/1x80t02 so. In my opinion, just focus on the fully diluted market cap, which is to calculate the crypto valuation based on the total supply only as a reference material if you want to invest.

Dart18

sr. member

Activity: 1400

Merit: 259

Money is money. Business is business. As long as they will acquire something in return they would gladly take anything including a meme coin promotion even if it will wreck their reputation. Or not. I think Binance have that powerful belief that no one can bring them down anymore with the trust given by all their customers. I hope they won't be wrong about it.

_IRMAN

copper member

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Binance is promoting all hype coins/tokens not just $SHIBA, because Binance wants that hype traffic to go to Binance rather than to its competitors.

thesosorr

full member

Activity: 691

Merit: 100

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.

Raflesia

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_""""Duelbits""""_

Quote from: iv4n on October 23, 2021, 01:50:57 PM

Well, I saw Shiba Inu in some crypto casinos! BC.Games have it in their wheel, 100 Shiba Inu reward, Wolf is accepting it from recently... and now I see Binance is promoting them as well! Something is happening with this Shiba, I am not in that, so I don't have any clues about what is going on, but I will check them!
I am always careful with new meme coins, so I don't jump in early stages!

Shiba inu has become a popular meme coin with high hype even recently being pumped again so I think it's only natural that an exchange platform would promote it to raise awareness of people who want profit but I think behind all of that there must be some risk involved. I'm worried about token dumping, but I don't think that's going to happen.

Does that mean that there are now many gambling sites that accept shiba as bets there?
But still, if you are on the erc20 network, it will be very difficult for small gamblers who want to try it.

SquallLeonhart

legendary

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Quote from: ?? on ??

I don't think they are promoting it literally, I've seen this kind of thing with Coinbase when they began trading SHIB on their platform. This will end in a couple of days and this was more like an announcement that it's available now from their platform or perhaps I'm missing something that Binance was really into SHIBs success. More like a FOMO to me.

Yeah, it is not really "promoting" when you consider they are going to list it and that means that listing will come with promotion for every coin. It is not a shock that binance will want everyone to trade it, and if the price keeps going down and the trades are mainly people dumping then it will not be a long term deal. The reality is that binance wants every single coin and token to succeed because if people keep buying then the price will go up and then there will be more people who end up buying as well.

This is why it is smarter to actually promote any coin they list. This doesn't mean they do not believe in the token, or doesn't mean they believe in it neither, it just means that they want people to trade it as much as possible and for as long as possible. Exchanges make their profit based on the volume, and promoting will give it a lot higher volume.

Hypnosis00

sr. member

Activity: 2436

Merit: 343

We can see it literally once there is a new coin listed on their platform, kinda be a sort of a promotion or announcement? Well, that is very important also for the sake of public information and awareness, and it was beneficial for them.

Knowing that SHIB Inu is growing, this really deserves to be promoted as well. And besides, both of them will receive the benefits of this project if ever it will grow more. Think that they are in business and it was the part of Binance and their job to help and spread the news like this, something it attracts more attention.

QueenVera

hero member

Activity: 1106

Merit: 570

Quote from: Review Master on October 23, 2021, 12:14:55 PM

It's a common thing in crypto space because all exchanges will promote those coins/tokens which will provide more revenue into their platform.

Exchange only cares about their revenue, they do not care if their customers are getting scammed by all the meme coins and NFT been trended daily in the industry. Knowing this will help you make better decisions when it comes to investing. Do not just invest in a project because it is trading on your favorite exchange. Do not forget also that exchange can list and also delist any project of their choice.

In this case, Binance is trying to raise revenue as Shiba Inu has been trending for days now and they do not want to miss out on the commission fees as more and more traders are buying into trading the coin.

Slow death

legendary

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man i saw everything related to this altcoin that shocked me, weeks ago when i was going to download a movie i accidentally click on a porn site that was there an ad for this altcoin, i said to myself: " it is not possible that if it got to this low level " so I went to see the price of this altcoin and to my amazement the price kept going up, I immediately realized this altcoin has an army of people advertising all over the place, just for the price to increase. i think binance shouldn't be advertising any altcoin

Topic: Binance promoting Shiba Inu - page 7. (Read 1058 times)