Shiba Inu has just undergone delisting from two centralized exchanges; however, the project's marketing representative urges the community not to panic and to maintain confidence in the future.
MAIN CONTENT
The delisting of SHIB is not related to trading volume but stems from the operations of some exchanges.
SHIB representatives criticize CEX exchanges for their lack of transparency and exploitation of the community.
SHIB continues to focus on DeFi development, reaffirming its commitment to decentralization and user freedom.
Is the delisting of SHIB due to low trading volume?
Lucie – Head of Marketing for Shiba Inu, asserts that the token delisting is not based on trading volume. She shared on social media that the delisting of SHIB from the two exchanges is more of a manipulative move than a reflection of the actual market situation. SHIB is not among the lowest trading volume groups.
This shows that the decisions of some centralized exchanges are often not transparent and may be influenced by private objectives rather than the interests of users and the community.
What criticisms are centralized exchanges facing?
Lucie publicly criticizes the greed and inconsistency of CEX exchanges. She emphasizes that many platforms accept payment to list low-quality tokens, harming projects with strong and long-term communities. For example, exchanges that were once big names like FTX, Hotbit, WazirX have all failed to protect users or collapsed in the past few years.
"I trust a few reputable exchanges, have never used the two exchanges that delisted the token, and will never use them."
Lucie, Head of Marketing for Shiba Inu, 01/07/2025
This comment clearly reflects a cautious attitude, prioritizing decentralized technologies rather than relying on unstable and opaque intermediary platforms.
Why is SHIB determined to promote decentralization?
According to Lucie, Shiba Inu wants to return to the roots of cryptocurrency: DeFi and user freedom. The goal is to build a simple ecosystem that makes it convenient for newcomers to participate without being bound by complex procedures like two-factor authentication (2FA), identity verification (KYC), or other cumbersome steps.
"We are building DeFi so that even newcomers can easily access without 2FA or KYC like medical procedures."
Lucie, Head of Marketing for Shiba Inu, 01/07/2025
SHIB encourages the community to reduce reliance on centralized exchanges and focus on using decentralized tools and platforms that provide real control to investors.
How should SHIB and the community respond to this token delisting event?
Lucie calls on the SHIB Army to ignore unnecessary noise and maintain a constructive spirit to develop the project. She recalls the experience from the XRP case when it was delisted from many exchanges during legal litigation but still recovered strongly, showing that this is just a temporary challenge.
SHIB is trading down slightly by 1.87% at 0.00001128 USD, under market pressure but still showing resilience to weather the storm.
Real-life examples of the impact of token delisting
Just as exchanges delisted XRP during the legal phase, SHIB may also experience short-term price and trading impacts, but this will not affect long-term value if the community and ecosystem continue to maintain sustainable development.
Frequently Asked Questions
How does the delisting of SHIB affect users? This is a move by some exchanges and does not directly impact the ownership or wallets of SHIB users.
Will SHIB lose value in the long term? With a strong community and DeFi development, SHIB has a good recovery potential after short-term volatility.
Does SHIB encourage trading on centralized exchanges? SHIB prioritizes the development of decentralized technology, reducing reliance on centralized exchanges.
How can newcomers easily access SHIB? SHIB is simplifying DeFi so that everyone, including newcomers, can participate without complicated procedures.
Are centralized exchanges still reliable? Lucie believes only a few reputable exchanges are trustworthy, while most CEX exchanges still carry many risks and lack transparency.
Source: https://tintucbitcoin.com/shiba-inu-to-san-giao-dich-thao-tung/
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