Shiba Inu Binance Huge Purchase Will Change Future For Shib Token

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Hello my friends! Thank you for being here with me at my Shiba Inu Binance blog post. I will be getting into some really important updates that are changing the future for the Shib token. So make sure to stick around ’till the end because you need to know this. Are you currently holding any Shiba Inu? Are you thinking about investing? If you answered yes to any of theses questions you are at the right place today. You might be asking yourself if you should really be holding the Shib token or if it’s worth at all. So let’s dive into it.

So I need to get into Binance for a second. As you might know, Binance is one of the most popular trading apps. They just bought 75 trillion Shiba Inu coins. Now, if we do a calculation on how much that is, they pretty much spent around 500 million dollars. Before this, Binance was holding about 5 trillion Shib tokens. So this puts them now at the 80 trillion mark just today. The Shiba Inu community is super exited about this. This is a huge sign that the coin is on it’s way for better financial days. This will will be extremely positive for investors in the long run.

Shiba Inu Binance – Did They Really Buy It?

But here is an important question. What could really be the real cause behind this purchase? Is there a bigger plan that we are not aware of yet? But here is the thing… Binance hasn’t really confirmed if they’ve actually just bought them or transferred them to their wallet exchange.

You probably know already that the Shiba Swap is now up and running. Here, investors can buy the token directly without having to rely on third party apps that charge additional fees. But after this massive purchase, why aren’t we seeing a major price surge? So here is what I’m getting at… This major purchase that we are hearing about might not be in fact a real Binance purchase. However, Binance may have used exchanges to transfer tons of the Shib token into investor’s wallets. Let’s continue with my Shiba Inu Binance blog post.

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Shiba Inu Holders Growing Every Day

Whenever you create a Binance account and transfer all of your Shib tokens to your Binance account, they will all appear right in your Binance account. But what really matter here is this. There are more and more Shiba holders every day, so the volume will just keep increasing day by day. Now that we got accepted by the eToro platform, this will be a major driver for this cause. Let’s don’t forget that eToro is one of the most important trading apps for crypto. Also, know that we are not just a meme coin any more. We have now over 600K holders and are getting close to hit the 700K mark most likely in just a few days from today.

Something super important too is to know that we have Elon Musk on our side. Remember what happened just when he twitted about his new Shiba puppy. We know this will continue to happen in the near future as he is a huge Shiba Inu supporter. Keep in mind that Shiba Inu was pretty much created as an Ethereum based alternative to DodgeCoin. So here is what some experts are saying. How much do you think the Shiba token will be worth in 2022? Some of them are predicting it’s price to be in the 0.0008 mark by then. But other experts do say that there is a chance that Shiba will hit the $1 mark even earlier than 2022.

Shiba Inu Community

This is because the huge movement that is behind the Shiba Inu community and specially having Elon Musk as one of it’s main supporters. I do need to mention that Amazon is most likely be accepting Shiba in the near future as an option for payments. Based on Amazon’s ideology and Shiba’s ideology about the world becoming a better place and more nature friendly, I see good things and partnerships between the two companies ahead.

So as I’m not a financial advisor, I do want to encourage to get in the Shiba Inu bandwagon. There are just too many good signs that this coin will skyrocket in the very near future. You also need to understand that they crypto market today is pretty much like what the internet was back in the 90s. Tons of people thought is was a crazy idea. But now we have Google, and Google literally became a day to day verb that we use. We Google this and we Google that every day. So Shiba is right in the epicenter of this new crypto market beginning stages. So I would not wait too long because it might be too late! Check out some more awesome eToro Shiba Inu news today!

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Category: Investing