Binance Guarantees SHIB Holders Access to Their Assets

Azeez Mustapha


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Investor trust has increased as a result of Binance’s growing satisfaction with its reserve of SHIB tokens. The enormous quantity of cryptocurrency assets in Binance’s reserve, of which the SHIB token makes up a sizable portion, were made public. If all SHIB holders on the exchange made withdrawal requests at once, there would be more than enough SHIB accessible on Binance, according to a blog post.

To foster trust and maintain transparency with its clients, Binance once published its first proof-of-reserve report. Binance stated earlier this year that user assets had not been tampered with or used in any unlawful ways. As a result of the increased investor confidence, more SHIB may ultimately be purchased.

Key Shiba Inu Levels To Watch – March 9

Binance Guarantees Shib Holders Access to Their AssetsSince the rejection of the price at $0.000007790, the market’s structure has shifted upward. According to the MA Cross, the market is making a retracement to the downside. Nevertheless, a continuation of the overall uptrend is imminent as prices sink into the discount.

The Relative Strength Index (RSI) also shows that the market is currently being dominated by sellers. However, once the RSI crosses below the 20.0 level, sellers might have to take profits as the price leaves the discount.

Shiba Inu Key Levels

Resistance Levels: $0.000030000, $0.000017940, $0.000015900
Support Levels: $0.000009240, $0.000007790, $0.000007120

Total Market Capitalization: $1.0T
Shiba Inu Market Capitalization: $6.01B
Shiba Inu Volume: $0.38B
Market Rank: #15

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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