Binance Delisting Shiba Inu (SHIB)? Fact Check!
2024-06-29
Bittime - Binance reportedly delisted Shiba Inu (SHIB). Its that true? Check the facts in this article!
Binance, as a giant exchange, has reportedly ended dukungan for SHIB. Suddenly, investors were worried. However, wait a minute, it turns out the facts are not that scary!
Binance Announces News About Shiba Inu
It's true, Binance made an announcement that caused a stir. However, it should be understood that what is being abolished is not SHIB itself, but certain pairs or trading pairs.
The pair in question is SHIB/TUSD. This means, you can still freely trade SHIB on Binance, just no longer with TUSD pairings.
Binance's decision to remove this pairing was based on their regular evaluation. Trading pairs that are less popular or that perform less well will indeed be removed from the list.
However, don't worry, SHIB still has many other trading pairs on Binance, namely SHIB/EUR, SHIB/TRY, SHIB/DOGE, SHIB/BRL, SHIB/JPY, SHIB/USDT, SHIB/FDUSD, SHIB/USDC.
The news about Binance Delisting Shiba Inu (SHIB) is not true
So, the news of SHIB's delisting that caused a stir turned out to be not entirely true. In fact, SHIB is still safe to trade on Binance with various pairing options.
The SHIB price itself is currently in the range of $0.00001755 and has even increased by 1.97% in one day. This shows that Binance's decision to remove the SHIB/TUSD pairing did not have a significant impact on the SHIB price.
Even so, keep in mind that the crypto world is indeed volatile. Still do good research before investing in any crypto asset, including SHIB.
Conclusion
The news of the delisting of Shiba Inu (SHIB) on Binance caused a stir among investors. However, it needs to be clarified that what was abolished was not SHIB itself, but its trading pairing with TUSD.
This pairing removal is part of the periodic evaluation carried out by Binance to maintain the health of the platform.
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