{"id":463542,"date":"2021-05-11T00:58:35","date_gmt":"2021-05-11T00:58:35","guid":{"rendered":"https:\/\/ktsl888.com\/?p=463542"},"modified":"2021-05-11T00:58:35","modified_gmt":"2021-05-11T00:58:35","slug":"binance-lists-shiba-will-it-become-next-doge","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/binance-lists-shiba-will-it-become-next-doge\/","title":{"rendered":"Binance Lists SHIB, Will It Become The Next DOGE?"},"content":{"rendered":"<p>With a 146.3% rally in the daily chart and high volatility across the board, Shiba Inu (SHIB) has been listed in <a href=\"https:\/\/ktsl888.com\/news\/binance-coin\/binance-smart-chain-partner-fund\/\">Binance<\/a>, <a href=\"https:\/\/ktsl888.com\/news\/company\/huobi-now-supports-rub-deposits-and-withdrawals-announces-crypto-purchase-campaign\/\">Huobi<\/a>, and FTX. Almost immediately after the announcement, Dogecoin (DOGE) \u201cevil\u201d version saw new all-time highs and has been moving to lower lows and higher highs, as the news of its listing spread.<\/p>\n<p>SHIB operates under the standard <a href=\"https:\/\/ktsl888.com\/sponsored\/bazarswap-worlds-first-decentralized-p2p-exchange-for-erc20-tokens-kickstarts-operations\/\">ERC-20<\/a> with around 1.000.000.000.000.000 coins in its total supply. However, data from CoinGecko indicates that Shiba Inu&#8217;s actual supply is unknown. Previously, it was available on decentralized exchange Uniswap.<\/p>\n<p>According to the official listing announcement by Binance, <a href=\"https:\/\/ktsl888.com\/news\/elon-musk-brushes-off-snl-fail-plans-to-literally-send-dogecoin-to-the-moon\/\">SHIB and DOGE have similarities<\/a>, they are both considered \u201cmeme\u201d coins and apparently have strong support from their respective communities.<\/p>\n<p>Unlike DOGE, Shiba Inu is ShibaSwap\u2019s native token and will be part of the incentives users will receive to trade on this decentralized exchange. Binance <a href=\"https:\/\/research.binance.com\/en\/projects\/shiba-inu?ref=JLI1VBLA&amp;utm_source=BinanceTwitter&amp;utm_medium=GlobalSocial&amp;utm_campaign=GlobalSocial\" target=\"_blank\" rel=\"nofollow\">claims<\/a> that Shiba Inu\u2019s total supply is already in full circulation.<\/p>\n<p>The exchange clarified that around 60% of its supply is held by the top 5 wallets. Therefore, it has a highly centralized supply, like DOGE.<\/p>\n<h2>SHIB, The \u201cDogecoin Killer\u201d?<\/h2>\n<p>According to its <a href=\"https:\/\/shibatoken.com\/\" target=\"_blank\" rel=\"nofollow\">official website<\/a>, Shiba Inu is a \u201cspontaneous\u201d community project with the potential to be a \u201cDogecoin Killer\u201d. The Shiba Inu ecosystem will be comprised of LEASH, a limited supply token, to provide users with special rewards, and BONE, a separate token with details still to be revealed.<\/p>\n<p>Data provided by \u201cShib Informer\u201d claim that in the past 24-hours SHIB holders grew to 283,500 with a 156% rally in its price. At its peak, trading volume was high enough to place this token in the number 19 and later number 15 position in Coinmarketcap.<\/p>\n<figure id=\"attachment_463549\" aria-describedby=\"caption-attachment-463549\" style=\"width: 415px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-463549 size-full\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/05\/SHIB-Shiba-Inu-SHIBUSDT.png?resize=415%2C299\" alt=\"SHIB Shiba Inu SHIBUSDT\" width=\"415\" height=\"299\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/05\/SHIB-Shiba-Inu-SHIBUSDT.png?w=415 415w, https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/05\/SHIB-Shiba-Inu-SHIBUSDT.png?w=120 120w\" sizes=\"auto, (max-width: 415px) 100vw, 415px\"><figcaption id=\"caption-attachment-463549\" class=\"wp-caption-text\">Source: ShibInformer<\/figcaption><\/figure>\n<p>If true, the data supports Binance exchange CEO, Changpeng Zhao. He <a href=\"https:\/\/twitter.com\/cz_binance\/status\/67566083\" target=\"_blank\" rel=\"nofollow\">said<\/a> the following on Shiba Inu listing:<\/p>\n<blockquote><p>Some have voiced concerns about $SHIB listing. We follow users. There is a large number of users demanding it, to the point where we ran out of ETH deposit addresses due to SHIB today. Never happened before for any other ERC20 coin. Not endorsing it. Super high risk. NFA.<\/p><\/blockquote>\n<p>\u201cCZ\u201d later clarified that he doesn\u2019t own the coin, but looks to provide a \u201cneutral marketplace\u201d. The exchange&#8217;s decision was very criticized. <a href=\"https:\/\/ktsl888.com\/news\/dogecoins-triumph-is-a-snub-of-the-monetary-system\/\">Many raised similar questions about the legitimacy of the project and, like DOGE\u2019s detractors, believe it could \u201churt\u201d the crypto industry<\/a> in the long run. Economist Micha\u00ebl van de Poppe <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/41518852\" target=\"_blank\" rel=\"nofollow\">said<\/a> the following:<\/p>\n<blockquote><p>My point of view on $SHIB? \u00a0Everyone should do what they want to do, when they want to do that. However, things like $DOGE, $SHIB, #SafeMoon take away the spotlight from the decentralized future we&#8217;re trying to build. And 90% of the people will lose money on it.<\/p><\/blockquote>\n<p>At the time of writing, Shiba Inu trades at $ 0,000033 with massive gains in the lower and higher timeframes.<\/p>\n<figure id=\"attachment_463546\" aria-describedby=\"caption-attachment-463546\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-463546 size-large\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/05\/Shiba-SHIB-SHIBUSDT.jpg?resize=860%2C498\" alt=\"Shiba SHIB SHIBUSDT\" width=\"860\" height=\"498\"><figcaption id=\"caption-attachment-463546\" class=\"wp-caption-text\">SHIB&#8217;s price with important gains after major exchange list it. Source: CoinGecko<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>With a 146.3% rally in the daily chart and high volatility across the board, Shiba Inu (SHIB) has been listed in Binance, Huobi, and FTX. Almost immediately after the announcement, Dogecoin (DOGE) \u201cevil\u201d version saw new all-time highs and has been moving to lower lows and higher highs, as the news of its listing spread. SHIB operates under the standard ERC-20 with around 1.000.000.000.000.000 coins in its total supply. However, data from CoinGecko indicates that Shiba Inu&#8217;s actual supply is unknown. Previously, it was available on decentralized exchange Uniswap. According to the official listing announcement by Binance, SHIB and DOGE have similarities, they are both considered \u201cmeme\u201d coins and apparently have strong support from their respective communities. Unlike DOGE, Shiba Inu is ShibaSwap\u2019s native token and will be part of the incentives users will receive to trade on this decentralized exchange. Binance claims that Shiba Inu\u2019s total supply is already in full circulation. The exchange clarified that around 60% of its supply is held by the top 5 wallets. Therefore, it has a highly centralized supply, like DOGE. SHIB, The \u201cDogecoin Killer\u201d? According to its official website, Shiba Inu is a \u201cspontaneous\u201d community project with the potential to be a \u201cDogecoin Killer\u201d. The Shiba Inu ecosystem will be comprised of LEASH, a limited supply token, to provide users with special rewards, and BONE, a separate token with details still to be revealed. Data provided by \u201cShib Informer\u201d claim that in the past 24-hours SHIB holders grew to 283,500 with a 156% rally in its price. At its peak, trading volume was high enough to place this token in the number 19 and later number 15 position in Coinmarketcap. If true, the data supports Binance exchange CEO, Changpeng Zhao. He said the following on Shiba Inu listing: Some have voiced concerns about $SHIB listing. We follow users. There is a large number of users demanding it, to the point where we ran out of ETH deposit addresses due to SHIB today. Never happened before for any other ERC20 coin. Not endorsing it. Super high risk. NFA. \u201cCZ\u201d later clarified that he doesn\u2019t own the coin, but looks to provide a \u201cneutral marketplace\u201d. The exchange&#8217;s decision was very criticized. Many raised similar questions about the legitimacy of the project and, like DOGE\u2019s detractors, believe it could \u201churt\u201d the crypto industry in the long run. Economist Micha\u00ebl van de Poppe said the following: My point of view on $SHIB? \u00a0Everyone should do what they want to do, when they want to do that. However, things like $DOGE, $SHIB, #SafeMoon take away the spotlight from the decentralized future we&#8217;re trying to build. And 90% of the people will lose money on it. At the time of writing, Shiba Inu trades at $ 0,000033 with massive gains in the lower and higher timeframes.<\/p>\n","protected":false},"author":535,"featured_media":463543,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[83668,83667],"class_list":["post-463542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-shib","tag-shiba-inu"],"acf":[],"yoast_head":"\n<title>Binance Lists SHIB, Will It Become The Next DOGE?<\/title>\n<meta name=\"description\" content=\"With a 146.3% rally in the daily chart and high volatility across the board, Shiba Inu (SHIB) has been listed in Binance, Huobi, and FTX. 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His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/\",\"https:\/\/x.com\/rl_m\"],\"url\":\"https:\/\/ktsl888.com\/author\/reynaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Binance Lists SHIB, Will It Become The Next DOGE?","description":"With a 146.3% rally in the daily chart and high volatility across the board, Shiba Inu (SHIB) has been listed in Binance, Huobi, and FTX. 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His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.","sameAs":["https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/","https:\/\/x.com\/rl_m"],"url":"https:\/\/ktsl888.com\/author\/reynaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Binance Lists SHIB, Will It Become The Next DOGE?","url":"http:\/\/ktsl888.com\/news\/binance-lists-shiba-will-it-become-next-doge\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/binance-lists-shiba-will-it-become-next-doge\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/05\/Shiba-Inu-SHIBA-SHIBAUSDT.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/05\/Shiba-Inu-SHIBA-SHIBAUSDT.jpg?fit=735%2C572"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Reynaldo Marquez"}],"creator":["Reynaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["shib","shiba inu"],"dateCreated":"2021-05-11T00:58:35Z","datePublished":"2021-05-11T00:58:35Z","dateModified":"2021-05-11T00:58:35Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Binance Lists SHIB, Will It Become The Next DOGE?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/binance-lists-shiba-will-it-become-next-doge\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/binance-lists-shiba-will-it-become-next-doge\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/Shiba-Inu-SHIBA-SHIBAUSDT.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/Shiba-Inu-SHIBA-SHIBAUSDT.jpg?fit=735%2C572\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Reynaldo Marquez\"}],\"creator\":[\"Reynaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"shib\",\"shiba inu\"],\"dateCreated\":\"2021-05-11T00:58:35Z\",\"datePublished\":\"2021-05-11T00:58:35Z\",\"dateModified\":\"2021-05-11T00:58:35Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/05\/Shiba-Inu-SHIBA-SHIBAUSDT.jpg?fit=735%2C572","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/463542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/535"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=463542"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/463542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/463543"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=463542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=463542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=463542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}