After the recent resignation of Changpeng Zhao from the largest crypto exchange Binance, many things are changing. So, one of them is the creation of their new web3 wallet. However, there’s a new opportunity for users to win $500k worth of Shiba Inu (SHIB). Let’s see how below.
Opportunity to Win $500k Shiba Inu (SHIB) from Binance
- There’s a new ongoing opportunity for those who are Shiba Inu (SHIB) and other token holders. So, this opportunity is mainly for those who have an interest in cryptocurrency. It is from Binance After the launch of their new Web 3 wallet. According to an X (formerly Twitter) announcement, Binance will give out $500,000 worth of cryptocurrencies. So, this will include tokens ranging from one Shiba Inu (SHIB) to one BTC. But there’s a qualification block for this airdrop. So, those who have an interest first have to make a swap.
- The introduction of the Binance Web3 wallet was in November 2023, allowing users to do many things. So, this wallet will provide a pathway to swap tokens and earn yield. Another benefit users are set to get from using this wallet is access to a selected collection of decentralized applications. So, Binance’s new CEO, Richard Teng, was the one who made the announcement for this web3 wallet. Note that this opportunity expires on 31st December.
How to Win the $500k Reward
- Binance has already provided the basic condition to win as much as $500k Shiba Inu (SHIB) tokens. So, this can also include any other cryptocurrency, from Bitcoin to Avalanche. This condition is that one must swap a token to qualify. However, this crypto swap must happen on the new Binance web3 wallet.
- To do this, one needs to download the Binance web3 wallet first. So, the next step is selecting to swap. The input BNB and another token can be Shiba Inu (SHIB) for the swap. So, assuming the swap is successful, you will receive a reward.
Shiba Inu (SHIB) Price Update
- Besides this new update, the price of the Shiba Inu (SHIB) token is doing very well in the crypto market with massive increases. So, this token is up by more than 4% within the last 24 hours. The data also shows good price movements within the past week and month.
- In the weekly charts, the bulls were in complete control of the chart, with more than a 23% increase. So, the same is happening to the monthly chart at more than a 20% increase. Other things witnessing massive increases are the number of investors, market cap, and trading volume.
Conclusion
There is a new opportunity in the crypto market for people to win a lot of rewards. So, this is from Binance, which wants crypto enthusiasts to win incentives when they use their new web3 wallet. The reward can be as much as $500k Shiba Inu (SHIB) and any other crypto ranging from Bitcoin to Avalanche. To qualify for this reward, a user must complete a swap on the new web3 wallet.
The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from the company.
