Recent rumors have suggested that Binance is planning to delist Shiba Inu (SHIB), causing concern among investors.
However, Binance has clarified that it is only removing the SHIB/TUSD trading pair due to low liquidity and trading volume, and not delisting SHIB entirely.
Lucie, the Shiba Inu ecosystem marketing lead, confirmed that the token remains available on Binance through other trading pairs, including SHIB/USDT and SHIB/USDC. The misinformation, labeled as clickbait, highlights the importance of verifying news from reliable sources.
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According to U.Today, this announcement reassures the Shiba Inu community and emphasizes Binance's commitment to maintaining a variety of trading options for SHIB holders. The exchange will continue to offer eight SHIB spot pairs, ensuring ample opportunities for trading despite the removal of the SHIB/TUSD pair.
Meanwhile, Shiba Inu's price is still on a massive decline due to the ongoing depression in the broader crypto market. The dog-themed token has seen a daily drop of 3.96%, with one unit priced at $0.00001691.
Moving forward, investors are encouraged to stay informed through official channels to avoid misinformation.
The cryptocurrency market remains volatile, and accurate information is crucial for making informed trading decisions.
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