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SHIB Army Intrigued by CZ Mentioning SHIB in Recent AMA

Mon, 05/01/2023 - 15:13
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Yuri Molchan
Head of Binance, CZ, spoke about Shiba Inu in during his AMA session today, the SHIB army is intrigued
SHIB Army Intrigued by CZ Mentioning SHIB in Recent AMA
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Major Shiba Inu-themed account @ShibBPP has tweeted that during the AMA ("ask me anything") session that was over just recently, the head of Binance exchange Changpeng Zhao (widely known by his initials as simply CZ), mentioned meme coin SHIB.

Many SHIB fans in the comment thread under the tweet seemed very much intrigued by that.

SHIB army curious at CZ mentioning Shiba Inu

Questions began flowing for @ShibBPP as to what exactly CZ said about Shiba Inu and in what context he mentioned it.

Some jokingly assumed that CZ may have mentioned that SHIB added one zero to its price today, falling down. The author of the tweet did not provide any answer to the questions from their subscribers.

CZ explaining the listing procedure on Binance

In the course of the AMA session, Zhao talked about meme cryptocurrencies and this was where he mentioned SHIB. To begin with, CZ admitted that he does not understand meme coins at all, although, he said, there are some people that do, like Elon Musk and others.

He was asked if Binance plans to list the recently emerged Pepe meme token which is now taking the market by storm and has exceeded SHIB in the amount of trading volume.

CZ responded that he is not involved with the listing process, saying that Binance has a special team for that. They go with users and see if a crypto project has a large user base, a large trading volume, then there are chances that this coin might be listed.

However, they never list a coin quickly, since they watch how its metrics change over time – often large trading activity and volume of a cryptocurrency may go down after a peak. If a project sustains, then it has a high chance to be added by Binance.

I'm Gonna Be Selling ADA for My SHIB and DOGE: Crypto YouTuber Jeremie Davinci

Here’s what CZ said about Shiba Inu

Here again, CZ mentioned meme coins, saying that even though there are quite a lot of them, some gain a lot of traction in the market with a high volume, and SHIB is one of them, therefore it was listed. Binance is not against any coins, whether they are meme-based or not. The listing team will evaluate every coin offered for listing and the “we’ll see what happens”, CZ said.

Currently, a SHIB rival Floki Inu (FLOKI) may have a high chance to be listed by Binance as it has been listed on many exchanges this year, its community growing fast. Besides, FLOKI has been recently listed by the American branch of Binance – Binance.US.

SHIB adds another zero, falling deeper

Over the past 24 hours, Shiba Inu has lost more than 3.2%, falling from $0.00001029 to the current level of $0.00000996, thus the meme coin has “added” another zero, seeing its price drop.

Overall, since April 19, when SHIB printed a massive red candle on an hourly chart, it has plunged by 14.16% in total.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at