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Topic: Binance promoting Shiba Inu - page 9. (Read 1058 times)

legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 23, 2021, 06:37:52 AM
#7
I don't think it's promoting directly, but rather just placing a banner for Shiba Inu on top of the platform just to welcome the new coin. Pretty sure it was also sponsored by the devs of Shiba Inu, as I don't think Binance will take up free advertising on their website knowing how crucial and big the opportunity is for your coin to be placed on the prime spot on one of the world's largest exchange platform. Either way, if this comes true or not, pretty sure there will be a pump on SHIB as they will capitalize on being listed on Binance.
full member
Activity: 1190
Merit: 111
October 23, 2021, 06:31:55 AM
#6
Its only an announcement where Binance most often did to the other coins listed to their site platform.
And even in some of the exchange site are also doing like this on Shiba Inu actually. In short, they're not promoting it
probably, you are thinking that price value of SHIB will increase once more in the market. I think not, based on my
assessment only.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
October 23, 2021, 06:24:40 AM
#5
I cannot find any legitimate news that came from Binance itself. The OP screenshot was from the Shiba Inu News Twitter page which is biased of course.
Perhaps we should wait for the Binance announcement to believe this one.
This ain't new, they are hyping the memecoin again just like how they did last time it pumped. Riding the Titanic might be a wrong choice if history repeats itself. I've bought this coin before but I am done with it. Took my profits and never looked back.
legendary
Activity: 3248
Merit: 1402
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October 23, 2021, 06:00:05 AM
#4
According to coingecko, Shiba Inu is available in a few trading pairs on Binance, but I've never been interested in this coin, so I don't know how available it actually is on Binance. But what I think the promo news means is that they struck a financial deal and bought some adds on Binance, so that people can see Shiba Inu more often while using the exchange. After the tremendous pump that it experienced, it's no wonder they have money to pull something like this off, especially since they can get their profits back if the ads work and people get more interested in the coin.
legendary
Activity: 1456
Merit: 1108
Use chips.gg
October 23, 2021, 04:18:38 AM
#3
SHIB was not formerly available on the binance app. As at when i purchased SHIB, i did it on kucoin. This is more like an announcement i think. This can promote SHIB in a way as stunch users of binance can now trade SHIB. If you can risk HODLing Shiba, i suggest you do. If you have done your analysis and you are super positive about the future outcome of Shiba, you can allocate a percentage of your portfolio to it and wait.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
October 23, 2021, 04:02:17 AM
#2
Quote
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.

This kind of news that Binance being related to Shiba is viral on twitter after $SHIB first pump on this current bull run. $SHIB team is always known for hyping and using it attract more user. I'm sure they are paying a lot on this paid advertisement and I'm sure that CZ agree on this since he will a huge pay check by doing it and additional volume from $SHIB holder community.
full member
Activity: 1442
Merit: 108
October 23, 2021, 03:29:47 AM
#1
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