Binance promoting Shiba Inu

[Pamadar]

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.

[1714980685]

1714980685

[Daltonik]

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.

[tsaroz]

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. 

[Daltonik]

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

[hd49728]

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.

[Pejoh Asu]

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.

[fadil46]

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.

Shiba Inu is still ranked 11th in coinmarketcap and I no longer see the light at this time because the disposal that occurred on the Shiba Inu was also very large at the time of the correction, this indicates that the Shiba Inu always has the potential for a very large price decline in the market.

[ScamViruS]

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

This is actually a large amount. This means that shiba inu will try to maintain a strong position in the crypto market in the coming days. But it is not easy to understand whether the big investors are buying or not because crypto users have no idea who did this transaction and for what purpose. So it can only be assumed that a large investor or a company has bought shiba inu of this amount.

[SlimShadyMmp]

LOL its called paycheck man They pay to get advertised and they got one There is nothing wrong with binance shilling I think the only thing here for your take is look before you leap Binance is a platform that need projects to survive Shib is the second biggest meme If they let them they will shill for free Hehe

[liqidoxgen]

It is normal that Binance uses every opportunity to attract as many users to its platform as possible. As soon as the hype with meme coins subsides, CZ will remove Shiba from trading pairs without regret.

[DeathAngel]

Binance make money on fees from people buying & selling. They don’t care what the token/coin/asset is, if people are willing to trade it, they will list it. Don’t read too much into Binance promoting anything.

[24Kt]

Binance make money on fees from people buying & selling. They don’t care what the token/coin/asset is, if people are willing to trade it, they will list it. Don’t read too much into Binance promoting anything.

Before, I have high regards with binance because I thought they only list high-quality projects. But when they listed SHIB just because of high demand, and of course the money that they can generate from this meme token, my perspectives on binance changed. But I am still using this exchange as they have very good liquidity and I feel pretty secure because they have SAFU. But it goes to show that even binance can bend their standards when there's a coin or token that is very popular in the market and the dev don't need to apply for listing if binance see that this will be their another potential cash cow.

[noah tall]

Yes a tweet is circulating on the twitter but the not from binance account . The shiba inu claimed that  binance will promote it. But I don't hear from binance. If binance say that ..than they will definitely do as they said. But i don't think they do promote a meme coin .

[mafoja1]

deletd

[ansarose1]

This would be probably a headline for cryptocurrency current updates, and i think this is a good news for shiba inu hodlers and investors since shiba inu could've been a good productivity in binance market and shiba inu grows in a good way after been involve with a great partner. I hope this good news would being new good outcome for a new developing crypto.

[LogitechMouse]

They posted it and they thought that it will create a small hype with SHIB and they expect that they can pump the coin just because Binance promoted them.
Correct me but I think just putting SHIB in Binance in the exchange is already a way of promoting the coin right? So what is the point of this tweet?

Well, congrats to them because Binance promoted them. One thing more is I don't want to believe in it unless Binance themselves will post it but whatever. Still I will not buy the coin .

[JahriMeayer]

Shiba inu just made us crazy during each of its bull run with tremendous growth. In Spite of being a meme coin, it has genuine potential. Some may hate this japanese coin but it has been gaining higher ground day by day even Shiba has listed on Binance as well as binance us also promoted it. thus shiba surprises us again with its unbelievable growth but i afraid to recommend anyone to buy from this peak, after all its a meme coin

[Daltonik]

Not only the binance promotion, but also the Shib burn events are expanding due to the addition of new participants to them, so there are already eleven companies that have announced the burning of SHIB, including Shiba Coffee Company, Bigger Entertainment, The Vibe Maquillage, Marklien, Precious Paws, Cryptoon Network, Save The F** king Trees, THE SHIBETTES / 1/1 NFTs, Shiba Search, Peacock Track Club, Raaga Rangoli NFTs.
Indeed, eleven firms have already signed the SHIB Burn Pledge, which undertakes to burn a certain share of income in the official SHIB Burn wallet as part of a large burn campaign.
https://shibacoffeecompany.com/pages/shib-burn-pledge

[masterrex]

Well thats the fact now,  because Binance is after the money because Shiba Inu has achieved phenomenal support from all sides of cryptocurrency investors, from micro type to whale type and the Binance exchange cannot ignore that fact its all about money I guess and because Binance has clicked the bait that's why many other large and popular crypto exchange will follow like Coinbase as we observe now.

[K4C]

I said in this case the Shiba Inu is a very strong project hopefully it will get better Position and the binance is a very big exchange so they support a coin so definitely mean that the project are very strong and they achieve there goals in few times so i advice that is a time anyone support and invest in the shiba.