Binance raises Shiba Inu collateral ratio from 50% to 60%
- —SHIB, POL and XLM collateral ratio rose from 50% to 60% at 06:00 UTC on October 23
- —COW, NEXO, RVN and SAND ratios increased from 10% to 30%
- —SHIB liquidation rate is 20% up to $50,000 and 40% above it
- —For scale, BTC and ETH count at 95% and DOGE at 80%
Why it matters: More borrowing power against SHIB, but liquidation tiers stay steep and the token keeps sliding.
Source: CryptoTicker