Binance Decides to Move Out SHIB, 1INCH, TWT, and FXS from Innovation Zone

In recent years, the world of cryptocurrency has seen explosive growth, with new and innovative projects emerging every day. One of the most significant players in this space is Binance, the world's largest cryptocurrency exchange by trading volume.

Timeline of 1inch, Shiba-inu, Trust-wallet-token

Shiba Inu (SHIB) is flashing heavy signs that the price is on the verge of a massive breakout from a consolidation phase that has been ongoing since early February. As NewsBTC reported last week, SHIB has been forming an ascending triangle on the 1-day chart since March 10.

$SHIB holders can rejoice as Binance has announced that it will be moving the meme coin out of its Innovation Zone, a move that could signal bullish sentiment. On September 21, 2020, the Binance Innovation Zone was launched to provide users with a safer space to trade newer tokens.

In a recent update that took place over the weekend, Shytoshi Kusama, cofounder of the popular Shiba Inu meme token, has expressed concerns about rumored claims pertaining to an official token for the Shibarium layer 2 blockchain.

Shiba Inu Coin News: Shiba Inu, the second largest meme crypto, registered a mild recovery as Bitcoin (BTC) price spiked last week. However, it is expected that SHIB price might see a surge as Binance, world's largest crypto exchange decides to upgrade its listing.

In a significant milestone for the Shiba Inu (SHIB) token, Binance has announced its decision to move SHIB, along with Frax Share (FXS), Trust Wallet Token (TWT), and 1inch (1INCH) out of the Innovation Zone on April 18, 2023.

The world's largest crypto exchange Binance on Monday announced that it decides to move out Shiba Inu (SHIB), 1INCH, Trust Wallet Token (TWT), and Frax Share (FXS) from the Innovation Zone. Binance allows users to trade new and innovative projects by listing these tokens in Innovation Zone.

Shytoshi Kusama, the project lead of Shiba Inu (CRYPTO: SHIB), on Sunday, teased the release of ShibaSwap 2.0 in a Telegram message. What Happened: The lead developer in a Telegram post said, "ShibaSwap 2.0 is coming.

Shiba Inu (CRYPTO: SHIB), a widely followed cryptocurrency, spiked Sunday morning, creating a stir in an otherwise quiet weekend on the crypto front. What Happened: Shiba Inu, which is named after the namesake Japanese hunting dog, ended Friday's session at $0.00001097 and traded Saturday in the $0.00001092-$0.00001121 range before settling at $0.00001111.

In the crypto space, it is not uncommon for investors to be in it for the long haul. But with the Shiba Inu token (SHIB), the number of long-term holders has reached an unprecedented level.

Shibarium, the layer 2 blockchain meant to solve the SHIB token's host chain Ethereum's problems, particularly low speed and high transaction cost, is seeing an early rise in acceptance as users investigate and test its features on testnet “puppynet.