crypto exchange Binance A new SHIB trading pair, the SHIB/GBP pair, has been added. Crypto traders can now take advantage of the mean reversion traded by both the assets against each other.
#binance Adds new trading pairs!
jasmi/euro
– Binance[@binance] 5 May 2022
KNC / BNB
SHIB/GBPhttps://t.co/OylgZoaCDf
Binance initially listed Shiba Inu in May 2021, making history as one of the first major crypto exchanges to adopt the meme cryptocurrency. The company’s US-based subsidiary Binance.US launched SHIB trading in September last year. In February 2022, the custodial arm of the cryptocurrency giant, Binance Custody, added support for the Shiba Inu as well as some other crypto assets.
To encourage SHIB trading on its platform, top cryptocurrency exchange Binance announced a discount of over $100,000 in SHIB for new users, allowing them to receive free Shiba Inu (SHIB) tokens in March.
The Shiba Inu has seen multiple listings since its 2021 launch on several major exchanges such as Gemini, Kraken and Coinbase. In April, brokerage app Robinhood listed the Shiba Inu, much to the delight of the Shiba Inu community that had worked to list it. A change.org petition in favor of the listing garnered nearly 600,000 signatures.
shiba inu recent events
shiba inu burn portal continues to gain momentum. According to reports, a historic 25 billion SHIB has been burned since the portal started operations in the past week. Shiba Inu holders may be able to receive rewards for burning SHIB tokens starting May 17, a recent announcement read.
25 billion shib burnt!!! I pic.twitter.com/rIA7nYgSEr
— Archangel (@RealCryptoAngel) 5 May 2022
The Shiba Inu team also announced that lands can now be purchased with Shiba Inu tokens in SHIB: The Metaverse. This, it says, was done based on community feedback, sharing details of the mining land with SHIB in a posted tweet.
Top 1000 #ETH catching whales
$1,280,237,629 $SHIB
$1112,483,284 #ftx token
$373,547,528 $best
$275,183,142 $ okb
$267,251,673 $MATIC
$231,885,984 $CHSB
$220,337,845 $ mind
$202,992,389 $linkWhale leaderboard https://t.co/jFn1zIOq03 pic.twitter.com/RqSCbGpP1W
– WhaleStats – BabyWhale ($BBW) (@WhaleStats) 5 May 2022
The Shiba Inu (SHIB) remains the top asset “held” by the top 1,000 ETH whales, These whale addresses currently hold $1,280,237,629 worth of SHIB. The Shiba Inu has gained about 5,000 holders in just a few days as this metric count shows growth. The total number of SHIB holders currently stands at 1,144,159, according to WhaleStats.
According to a report published by Vogue Business, one of the renowned fashion brands, Gucci, will start accepting Shiba Inu and some other cryptocurrencies in select locations in North America.