Shiba Inu advertising lead Lucie has not too long ago shed mild on why Bone ShibaSwap (BONE) token is just not but listed on main crypto exchanges regardless of being a outstanding participant inside the SHIB ecosystem. The advertising lead on Monday revealed that the SHIB neighborhood by no means pushed for any listings financially, whereas different tasks continued to take action.
Lucie’s statements have promptly gained important traction globally, elevating investor considerations because the ShibaSwap governance token’s value at the moment trades close to an all-time low.
Shiba Inu’s Lucie Rationalizes BONE Not Being Listed On Major Exchanges
In an X submit dated September 16, the advertising lead cleared the waters round ShibaSwap’s governance token not being listed on main exchanges together with Binance and Bybit. Per the advertising lead’s assertion, “exchanges, even those with a strong track record, are shifting focus from supporting promising tokens to prioritizing profits.” This shift of focus is basically credited to the shortage of liquidity and fierce competitors, driving exchanges’ capitalizing conduct.
“As a result, they’re overlooking some great potential tokens,” Lucie added. Further, when requested concerning the weird situation whereby the ShibaSwap token has not been listed on main exchanges but, Lucie said- “Because they’re paid listings. Shib has never paid for listings.”
Nevertheless, customers on X gauged in, stressing that it could be time to record the token because it sits close to its ATL at current. However, Lucie added, “let’s stay calm and focus on organic growth instead of wasting money on paid listings.”
This assertion hints that the dog-themed meme coin’s neighborhood doesn’t plan on financially supporting ShibaSwap token’s listings on main exchanges. “Real growth should come from solid performance and volume,” Lucie concluded.
Besides, a current assertion by He Yi, co-founder of Binance, revealed that the CEX is already not seeking to information the pattern in direction of a meme coin frenzy. Conversely, He Yi drew consideration to the present tendencies, comparable to Telegram P2E video games, amongst different rising tasks.
However, CoinGape Media reported earlier this yr that BONE got listed on an Indonesian crypto trade. This itemizing brings further intrigue to the Shiba Inu exec’s assertion.
ShibaSwap Token’s Market Performance
Meanwhile, BONE value traded at $0.3894 in the present day, falling almost 4% up to now 24 hours. The token’s intraday high and low have been recorded as $0.386 and $0.4071, respectively.
The coin’s weekly chart illustrated a 1.66% downfall, whereas the annual chart illustrated a 50% plunge in worth. Moreover, the coin’s all-time low was recorded as $0.2899. The ShibaSwap coin at the moment trades 34% above it. Simultaneously, the waning motion rationalizes buyers’ considerations regardless of Shiba Inu govt staying optimistic.
Meanwhile, it’s additionally price noting that Shiba Inu value traded at $0.00001327, an almost 3% dip over the previous day. The coin’s 24-hour high and low have been $0.00001309 and $0.00001386, respectively.
It’s noteworthy that the meme coin’s advertising lead additionally not too long ago rolled out plans to enhance SHIB burn. Altogether, Lucie’s remarks have sparked important discussions for the meme token throughout the worldwide crypto neighborhood.
Coingape Staff
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