BitShiba ($SHIBA) has unique characteristics that stand out in the memecoin universe. But do its burn and liquidity lock strategies make it a solid investment or just a risky bet? Let's get into the details! 👇

🔥 Token Burn

  • Burn system to reduce supply and increase scarcity.

  • Tokens sent to inaccessible wallets, rendering them unusable.

  • Deflationary model, similar to Shiba Inu, which may increase the value of the remaining tokens.

🔒 Liquidity Lock: up to 99 years!

  • Liquidity locked via smart contracts, preventing rug pulls.

  • Some protocols guarantee liquidity locks for decades to strengthen the project.

  • Platforms like Unicrypt help verify the transparency of this lock.

💡 Is it worth investing?
BitShiba has elements that may attract long-term investors, but its security depends on the success of the liquidity strategy. Always research before betting! 🚀

📢 What do you think? Is BitShiba a sure bet or just another hype? Comment! 🔥💰

📢 Why hasn't Binance listed BitShiba? 🚀

Binance has strict criteria for listing cryptocurrencies, and BitShiba ($SHIBA) did not meet some essential requirements. Here are the main reasons:

🔍 Lack of Transparency

  • BitShiba does not have a clearly identified development team, which makes it difficult to verify the project's reliability.

  • Binance prioritizes projects with clear documentation and a reliable history, ensuring security for investors.

🔒 Contract Renounced

  • The BitShiba contract has been renounced, meaning the developers have relinquished control over it.

  • Although this may be seen as a security measure, it also limits the project's ability to evolve and fix possible flaws.

⏳ Liquidity Locked until 2099

  • The liquidity of BitShiba is locked until 2099, preventing withdrawals or manipulations.

  • Although this prevents scams like rug pulls, Binance considers other factors, such as trading volume and market adoption, before listing an asset.

💡 Conclusion
Binance seeks to list cryptocurrencies that have transparency, security, and significant adoption. BitShiba, despite some protective measures, does not meet all the criteria required by the exchange.

📢 What do you think? Should Binance reconsider listing BitShiba? Comment! 🚀🔥