Binance reportedly raises Shiba Inu collateral ratio from 50% to 60%

Binance is reported to have raised the collateral ratio for Shiba Inu from 50% to 60%, boosting borrowing power for margin traders. One item describes it as a plan rather than a completed change.

Timeline

1. 25 Oct, 07:50 UTCFirst appeared on Google Trends
2. 25 Oct, 07:50 UTCReport says SHIB collateral moved to 60%

Top sources

• crypto exchange binanceGoogle Trends
• Shiba Inu at Binance: 60 percent collateralCryptoTicker
• Shiba Inu Price Prediction: Binance Plans SHIB Collateral Boost as Remittix Earn Readies Aave, Morpho and Fluid PoolsStreetInsider