"Finally, Binance is starting to see the potential of these 4 cryptos."
Today we were surprised by the news about the world's largest cryptocurrency exchange company Binance which removed Shiba Inu (SHIB), 1INCH, Trust Wallet Token (TWT) and Frax (FXS) from the Innovation Zone.
By listing the crypto in the Innovation Zone, Binance allows users to trade new projects but warns them about the risks they may face if investing in new tokens.
However, Binance plans to move SHIB, 1INCH, TWT and FXS out of the Innovation Zone and users will have full access to all four digital assets starting tomorrow Tuesday.
It is well known that Binance at scale will review projects listed in the Innovation Zone, and since the digital asset has proven its value and meets high standards it should be removed from the list.
Some of the factors considered by Binance during the following project review are project team commitment, quality of development activities, trading volume and liquidity, stability, network security, community size and project communication.
In addition, Binance also reviews project progress, contributions to the crypto community and evidence of unethical practices.
Please be informed that the number of wallets holding SHIB is increasing as there is an increase in trading volume, development activities and community participation after the launch of Shibarium Beta "Puppynet" last month.
