Changpeng Zhao, Binance founder and CEO, commented on SHIB in a posted on Monday. He explained that the demand to trade SHIB was on the increase, and Binance exhausted its deposit addresses for the Ethereum (ETH)-based token:
Some have voiced concerns about the $SHIB listing. We follow users. There is a large number of users demanding it, to the point where we ran out of ETH deposit addresses due to SHIB today. Never happened before for any other ERC20 coinAfter explaining that the exchange was following user demands, he described the tokenSHIB, self-proclaimed as the “Dogecoin Killer” after its rapid addition to Binance on Monday, shocked observers. They expected the world’s largest crypto exchange to have a more in-depth listing process. Also, the fact that 50% of SHIB supply made Binance’s decision more surprising.
sent 50% of the available one quadrillion token supply to Vitalik Buterin