The Shiba Inu Coin ecosystem, popularized as 'Shib', is slowly evolving from meme origins to an established player in the cryptocurrency arena. This growing ecosystem comprises the well-known SHIB token and others such as Leash and Bone. The development and diversification of the Shib ecosystem underlines its significance in today's crypto landscape.  This article outlines an introduction to the Shib ecosystem and its expanding repertoire, carving out a niche for itself in the digital currency space and why it matters.
Shiba Inu's Shibarium Achieves Key Milestones Despite Overall Value Dip 
SHIB's scaling solution, Shibarium, which was rolled out in August, has now recorded over one million blocks and in excess of three million transactions. The primary objective of Shibarium is to enhance the performance of Shiba Inu by optimizing transaction efficiencies.  
However, despite the significant strides made by Shibarium, the value of Shiba Inu dropped by 4% on the 9th of October and saw an overall decrease of 8% over the course of that week.  
The development that has been commanding attention lately is the milestone achieved by the increasingly popular meme coin, Shiba Inu, and its associated projects. Shibarium, in particular, has been garnering noteworthy headlines with its recent achievements. Data from ShibariumScan indicates that Shibarium has reached the significant milestone of one million blocks, underscoring the increasing demand for scalable options. 
A couple of weeks prior to this, the Layer-2 network breezed past another major highlight when the total transaction count on the network exceeded the highly sought-after target of three million. Presently, this figure is close to 3.4 million while wallet addresses are gradually closing in on the 1.3 million mark. 
Shiba Inu Coin (SHIB) 
Shiba Inu (SHIB) is a decentralized cryptocurrency that was created in August 2020. It is an ERC-20 token, which means that it runs on the Ethereum blockchain. SHIB was originally created as a meme coin, but it has since developed into a vibrant ecosystem with a variety of projects and initiatives. 
Circulating Supply: 589.35T SHIB 
Utility: SHIB is the native token of the Shiba Inu ecosystem. It can be used to pay for goods and services on a variety of platforms, including ShibaSwap, Welly's and Travala.com. SHIB can also be used to participate in governance and voting within the Shiba Inu DAO. 
Price Prediction: SHIB is a volatile asset, and its price can fluctuate wildly. However, some analysts believe that SHIB has the potential to reach $0.01 by the end of 2023 and $0.05 by the end of 2024. 
LEASH 
LEASH is a decentralized cryptocurrency that is part of the Shiba Inu ecosystem. It was created in May 2021 and has a total supply of 107,646 tokens. LEASH is positioned as a "premium" token within the Shiba Inu ecosystem and offers holders a number of exclusive benefits, including:
Increased rewards for staking on ShibaSwapExclusive access to certain features and promotions on ShibaSwapVoting rights in the Shiba Inu DAO 
Circulating Supply: 107,646 LEASH  Utility: LEASH is a governance token within the Shiba Inu ecosystem. Holders of LEASH can vote on proposals and participate in the decision-making process for the future of the Shiba Inu project. LEASH can also be staked on ShibaSwap to earn rewards in the form of SHIB.  Price Prediction: LEASH is a more volatile asset than SHIB, but it also has a higher price ceiling. Some analysts believe that LEASH could reach $100 by the end of 2023 and $500 by the end of 2024.
BONE 
BONE is a decentralized cryptocurrency that is part of the Shiba Inu ecosystem. It was created in November 2021 and has a total supply of 250 million tokens. BONE is the governance token of the Shiba Inu ecosystem and is used to vote on proposals and participate in the decision-making process for the future of the Shiba Inu project. 
Circulating Supply: 229,923,351 BONE 
Utility: BONE is the native token of the Shibarium Layer-2 network. Shibarium is a scaling solution that will allow for faster and cheaper transactions on the Shiba Inu ecosystem. BONE will be used to pay for gas fees and transaction fees on Shibarium. 
Price Prediction: BONE is a relatively new asset, but it has the potential to be one of the most valuable tokens in the Shiba Inu ecosystem. Some analysts believe that BONE could reach $10 by the end of 2023 and $50 by the end of 2024.
ShibaSwap 
ShibaSwap is a decentralized exchange (DEX) that is part of the Shiba Inu ecosystem. It was launched in July 2021 and allows users to swap, stake, and yield farm with tokens from the Shiba Inu ecosystem. ShibaSwap also offers a variety of other features, such as a launchpad for new projects and a marketplace for NFTs.
 What makes ShibaSwap different from other DEXs?
ShibaSwap is a community-owned and operated DEX. This means that all of the fees generated by ShibaSwap go back to the community. ShibaSwap also offers a number of exclusive features, such as the ability to stake LEASH and BONE to earn rewards in the form of SHIB.
 Woof Paper
The Woof Paper is the whitepaper for the Shiba Inu ecosystem. It outlines the vision and mission of the project, as well as the technical details of the Shiba Inu token and the Shibarium Layer-2 network.
The Woof Paper is a must-read for anyone who wants to learn more about the Shiba Inu ecosystem and its potential.
Some of the key takeaways from the Woof Paper include:
The Shiba Inu ecosystem is a decentralized community-driven project that is committed to building a better financial future for all.The Shiba Inu token is a decentralized cryptocurrency that is used to power the Shiba Inu ecosystem.The Shibarium Layer-2 network is a scaling solution that will allow for faster and cheaper transactions on the Shiba Inu ecosystem.
Shiba Inu Price Prediction 2023 
The Shiba Inu token has made significant progress since its launch in August 2020. The SHIB community has grown rapidly, and the token is now listed on a variety of major exchanges. SHIB has also been accepted as a form of payment by a number of businesses and merchants.
The forecast for the Shiba Inu token in 2023 and 2024 is positive. The Shiba Inu ecosystem is growing rapidly, and the token is becoming increasingly popular among investors and traders. Some analysts believe that SHIB could reach $0.01 by the end of 2023 and $0.05 by the end of 2024.
According to CryptoNewZ's latest predictions, the price of Shiba Inu would potentially fluctuate between a maximum of $0.0000091 and a minimum of $0.00000220 by the conclusion of 2023.
In a separate prediction by Changelly, it is anticipated that the SHIB token will oscillate within a price range of $0.0000079192 at its lowest and $0.0000092891 at its peak, with an expected average price point of $0.00000081792 by the end of the same year.
Furthermore, CoinPedia's long-term forecast for the Shiba Inu token suggests a potential lows of $0.0000112 and highs around $0.0000259. The average Shiba Inu price prediction stands at $0.0000185, further adding diversity to the forecasts by the end of 2023. 
Conclusion
The Shiba Inu ecosystem is still in its early stages of development, but it has the potential to become one of the most successful projects in the crypto space.
 The Shiba Inu ecosystem is a rapidly growing ecosystem with a variety of projects and initiatives. The SHIB token has made significant progress since its launch in August 2020, and the forecast for the token in 2023 and 2024 is positive.
Investors should carefully consider their own risk tolerance and investment goals before investing in the Shiba Inu ecosystem. However, the Shiba Inu ecosystem is a project with a lot of potential, and it is worth watching in the coming years.
#SHIB #shibaInu

Key ConclusionsOn October 9, 2023, Binance Futures will introduce copy trading in certain markets, a feature that allows users to copy the trades of expert master traders.Becoming a master trader gives you a way to monetize your trading expertise thanks to revenue streams from dividends and commission discounts. Copy trading is a great way for beginners to get into the world of futures trading, but it's also important for users to fully understand the risks so they can make informed decisions. Experience the world of copy trading, the latest feature of the Binance futures platform, which is designed to revolutionize the trading experience Which you experience by benefiting from the experience of seasoned traders. Note: This is a general announcement. Some products and services may not be available in your area. Delving into the exciting world of cryptocurrency futures has never been easier. The global rollout of the copy trading feature on the Binance futures platform in select markets allows beginners to benefit and learn from the experiences of seasoned traders. In this blog, we take a look at the concept of copy trading, the benefits of becoming a copy trader or master trader, and the risks associated with it, ensuring you are well prepared to embark on a new and exciting trading journey.The World of Copy Trading Copy trading, at its core, is a type of social trading that allows users, especially those who are new to the markets, to copy the strategies of their more seasoned and experienced peers. Have you ever dreamed of taking a peek at a guidebook for professional traders? By copy trading, you will not only catch a glimpse, but you will copy every move of those traders. Imagine a situation where every trading move made by a professional trader is automatically copied into your trading account – this is exactly what copy trading is. The first step is to choose a master trader based on several metrics, such as his return on investment, his trading history, and his preferred strategy. Once you commit to copying, every trade made by that trader is copied to your account. The amount of each trade is adjusted according to the total investment size you choose. As the lead trader makes profits, you make profits in turn. But note that the opposite is also true; That is, if the master trader experiences a loss, so will you. New Copy Traders' Guide: Reducing Barriers to Participation Copy trading offers a great way for beginners and mid-level traders to tap into the power of experts. As a copy trader, you have the unique advantage of following the best trading strategies without having to have years of experience. In addition to the possibility of making profits, copy trading offers an educational experience that enables you to understand market dynamics through real-life trades. Let's delve deeper into the world of copy trading from a beginner's perspective to understand how to become a copy trader, what the potential rewards are, and how to discover the educational opportunities that copy trading has to offer.Steps to start your journey with copy trading1. Discover Key Traders: Browse the list of well-known key traders and review their trading styles, past performance, and aspects of their experience.2. Analysis and follow-up: Do not rush. Take time to analyze different traders' portfolios, risk appetite, and strategies. Choose to follow key traders whose strategies align with your investment goals.3. Determine the variables of your investment: The Binance futures platform offers certain modes, such as fixed percentage and fixed amount. Understand these settings, and determine the investment amount that suits you.4. Follow and learn: When you start copy trading, follow the copy trades in your portfolio. The purpose is not only about potential profits, but also to understand the “why” behind each trade. Advantages of Being a Copy Trader on the Binance Futures Platform Copy trading is more than just a passive investment tool; It is a bridge to the often challenging world of futures trading. For those at the beginning of their journey, copy trading offers a unique combination of potential rewards and rich learning experiences. Here are some of the benefits you can gain:1. The Power of Experience: No matter your training or experience, you can benefit from the wisdom and strategies of seasoned traders.2. Learning Opportunities: Copy trading is a real-life classroom where you learn the dynamics of the markets by observing actual trades as they happen and strategies as they are applied.3. Diversified strategies: By following several major traders, you can implement a diversified trading strategy, which can lead to hedging of risks.4. Flexibility: Copy trading does not limit you. If you feel that a particular strategy is not working for you, you can easily change it or stop following a particular master trader.5. Binance Liquidity: Using Binance, the world's largest digital asset trading platform, for copy trading gives you the ability to trade with high liquidity and low slippage.Become a Master Trader: Profit and show off your skills at the same timeIn the exciting world of cryptocurrency futures trading, master traders – i.e. Expert individuals whose strategies are followed and copied by others – themselves in the spotlight. But what does it take to be a master trader? What are the advantages of this situation? Becoming a master trader gives you a way to monetize your trading experience. Master traders receive a 10% profit share and a 10% commission cut from users who copy their trades. Master traders can also create content on Binance Square to share their trading strategies and methods. But adopting the role of a master trader is not just about strategy, it is about building trust and transparency with your followers. To become a Master Trader on Binance, you must complete the identity verification process and have the equivalent of at least 1000$ in your Master Trading Wallet. Advantages of being a Master Trader1. Monetize your expertise: Earn more from your trading skills! By offering a 10% profit share on copied trades and a 10% commission discount, Binance Futures offers significant profit potential. As long as you maintain your trading activity, profit sharing from copy traders can represent passive income for you; It increases your profits without doing any additional work.2. Enhance your personal reputation: As you build your follower base, your reputation can flourish within the trading community, which may create more opportunities for you.3. Feedback Loop: Interacting with your followers can also give you insights into how others perceive the market, which in turn will further improve your strategies. However, being a master trader comes with its challenges. Your decisions affect not only your portfolio, but also the copy traders who follow you. This responsibility entails careful planning, thorough research, and a commitment to upholding the trust that copy traders place in you. Futures Trading: Understanding the Risks Copy trading features involve some risk, so we recommend considering your financial situation and risk tolerance before deciding to use these features. You should keep in mind that copy trading can also result in huge losses. You are solely responsible for determining whether the trading advice providers you follow and copy trades from have the trading experience, skills, strategy, and other key attributes that suit your risk tolerance and objectives. Knowledge is your best defense. Stay up to date on market news, do not put all your eggs in one basket, and consider diversification to distribute potential risks. Review your strategies regularly; What worked yesterday may not work today. Above all, only invest what you can afford to lose. This is an old adage, but it is true. Make sure that what you invest does not affect your financial stability, if you lose it. Always remember: Informed trading is smart trading. Related articles Your comprehensive guide to trading Binance futures What are the similarities and differences between cryptocurrency futures and cryptocurrency options? Six strategies to reduce liquidation risk in cryptocurrency futures Disclaimer: Binance is not responsible for any trading decisions Performed by copywriters and/or traders, any content/materials/information and/or any past performance should not be considered an indication of future results and are used for informational purposes only. You should carefully consider the matter yourself and not rely on the opinion/advice of the signal provider(s) and/or trader(s) as such opinions or advice do not constitute financial advice and should be treated with caution. It is also not guaranteed that the Copier will realize any profits and/or losses made by the Signal Provider, and Binance cannot guarantee that any trade/deal will be executed at the same time as the Signal Provider and/or at the same order price, and a larger amount could be lost due to the possibility Affected by many variables, such as account balance, number of deposits/withdrawals, market, account settings, and signal provider account features. You should also pay attention to differences between past performance and actual copy trading results; There are inherent differences, such as financial risks and the possibility of losses while trading. Therefore, if you decide to engage in copy trading, you agree to proceed at your own risk, and any opinions expressed between traders and/or signal providers do not constitute investment and/or financial advice either directly and/or indirectly. All traders should seek independent financial and/or tax advice if they decide to continue copy trading, and accept responsibility for any actions and/or trading decisions on their trading account before and/or when they participate in the copy trading feature.

The Quiz Red Packet (previously known as Crypto Box) feature is available on both the app and web versions, so make sure to update your app to the most recent version.
To be eligible for creating a Quiz Red Packet, Square creators must have at least 1,000 followers on Binance Square. Using Quiz Red Packet in engaging and informative content enhances audience engagement and interaction, fostering stronger connections and a more vibrant community.
*Please note that Quiz Red Packet feature might not be available in your region.

What is the Quiz Red Packet?
Users can receive red packet gifts by correctly answering questions you set in the comment area under your Square post or article.

Creating a Quiz Red Packet:
To create a Quiz Red Packet, follow these steps:
Select the Red Packet icon while editing Square content, either on the web or in the app.Click "Red Packet Quiz", choose a random or fixed Red Packet, and fill in all necessary fields to create a Red Packet.Review the quiz details and your post content, then click "Publish".The quiz will appear under your post or article.
Note: It's important to follow the guidelines and terms of service provided by Binance Square when using the Quiz Red Packet feature.