![]() However, the token is still up roughly 110% on the day and more than 1,600% over the past week. Notably, the price of SHIB has surged from $0.00000006 in early April to a new all-time high of $0.00003671 today, according to CoinMarketCap-an eye-watering increase of more than 61,000% in just over 30 days.Īfter its listing on Binance, SHIB‘s price has retraced to around $0.000029 at press time. Among other things, SHIB proponents are currently trying to push the token as ”the next best thing for people who missed the Dogecoin hype train. Shiba Inu-touted by its developers as a “Dogecoin killer and obviously designed to resemble its ”ancestor“ as much as possible-quickly rose to prominence over the past few days on the heels of DOGEs ongoing price rally. Please ensure that you exercise sufficient risk management, have done your own research in regards to SHIBs fundamentals, and fully understand the project before opting to trade the token,” Binance additionally warned all potential traders. ![]() “SHIB is a relatively new token that poses a higher than normal risk, and as such will likely be subject to high price volatility after the Binance listing. The price of Shiba Inu (SHIB) surged by more than 61,000% in just over a month.Ĭryptocurrency exchange Binance quickly jumped on the sudden Shiba Inu (SHIB) bandwagon today, listing the much-hyped canine token in the “Innovation Zone” and adding the corresponding perpetual contracts to its futures platform.Īccording to the description, Binances Innovation Zone is a “dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk.”
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |