- SHIB exec Lucie addresses concerns over recent token delistings from two unnamed centralized exchanges.
- She insists the delistings weren’t due to poor trading volume, but rather exchange manipulation.
- Lucie calls out CEX greed and urges SHIB holders to embrace decentralized finance (DeFi).
- ShibaInu remains resilient despite delisting fears, drawing comparisons to XRP’s legal saga.
ShibaInu Executive Breaks Silence on SHIB Delisting Concerns
In response to growing anxiety over recent token delistings, ShibaInu’s marketing executive Lucie has spoken out to reassure the SHIB community. Without naming the exchanges, Lucie confirmed that two centralized platforms delisted SHIB, but insisted it was not due to low trading volume.
Instead, she accused the unnamed exchanges of manipulation and greed, stating that SHIB’s trading volume was not among the lowest, contradicting any justification for removal. According to Lucie, these actions underscore the unreliable nature of some centralized exchanges (CEXes).
Centralized Exchanges Called Out
Lucie did not hold back, calling some CEXes “inconsistent and unreliable,” and criticizing them for accepting payments to list low-quality, short-term crypto projects. She emphasized that many of these exchanges, like FTX, Hotbit, and WazirX, have failed to stand the test of time.
“This is about real financial freedom, not centralized control,” Lucie stated, advocating for a shift toward decentralized finance (DeFi).
DeFi: The Path Forward for SHIB
Lucie urged the SHIB Army to use only reputable exchanges when necessary and to stop depending on centralized platforms long-term. Instead, she encouraged users to adopt decentralized exchanges (DEXes) and suggested making them more user-friendly to drive mass adoption.
Lucie pointed to XRP’s past delistings during its legal battles as an example of how temporary setbacks don’t define a project’s long-term success.
Also Read: Projected XRP Price If It Reclaims Half of Its Peak Market Dominance
Current Market Snapshot
At the time of writing, SHIB is trading at $0.00001128, down 1.87% in the last 24 hours. The meme coin continues to struggle under market pressure, trying to maintain its position within the top 20 cryptocurrencies.
