Shiba Inu has become a vital meme coin, and its market price puts it in the top 20 cryptocurrencies. The people who work on SHIB have kept up a steady pace of growth and work on different projects.
People have heard much about the SHIB ecosystem’s necessary standards and milestones. On April 18, Binance announced that Shiba Inu would be moved out of the innovation zone. This was one of the recent significant events.
Binance Removes Shiba Inu From Innovation
According to a recent announcement, the biggest cryptocurrency exchange has decided to move Shiba Inu and other tokens like Frax Share (FXS), Trust Wallet Token (TWT), and 1inch (1INCH) out of the innovation zone on April 18.
In its announcement, Binance said, “The Innovation Zone was introduced to give Binance users a safe place to trade new and innovative projects. Over time, some of these projects have proven their worth and meet the high level of standard that we expect. Some of these projects have proven their worth over time and live up to the high standards we expect.
Binance said that after reviewing SHIB and these other tokens carefully, the exchange has chosen to move them out of the innovation zone. Binance examined several factors and decided that SHIB had reached this milestone.