The asset jumped after Binance said SHIB would be listed in its innovation zone earlier today. In the announcement on the 10th of May, the exchange said:
According to the Shiba Inu website, 50% of the token supply is locked into Uniswap for liquidity purposes. The remaining 50% was sent to the co-founder of Ethereum, Vitalik Buterin. Even though Buterin has 100% access to the token, the other 50% was sent as a “burn” gesture.
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