Shiba Inu (SHIB) Team Applauds Another Altcoin as Volatility Rises!
The Shiba Inu (SHIB) team has expressed their admiration for K9 Finance DAO (KNINE), the official liquid staking solution on the Shibarium blockchain, resulting in increased volatility.
Author:
Elif Azra Güven
28.05.2024 – 11:37
Update:
28.05.2024 – 11:37
0
K9 Finance DAO (KNINE) was launched on March 7, 2024, as the official liquid staking solution on the Shiba Inu and Shibarium blockchain, presenting a win-win token.
There have been recent developments on the KNINE front, and it is a significant milestone for the Shiba Inu (SHIB) ecosystem as KNINE gets listed on a major stock exchange. Hong Kong-based cryptocurrency exchange LBank has listed KNINE.
Upon hearing the news of this listing, the Shiba Inu team commended K9 Finance for their achievement on LBank.
Following this announcement, the price of KNINE experienced a significant increase. The statement included, “Congratulations to K9finance on their new listing! This is another big win in terms of adoption and adds even more value to SHIBARMY. Keep up the great work!”
Following LBank’s recent announcement and the SHIB team’s endorsement, the price of KNINE rose by up to 20%. However, it later retraced most of those gains.
Congrats to @K9finance on their new listing! This is another big win for adoption and brings more value to the #SHIBARMY. Keep up the amazing work! #PartnerShib
https://t.co/COXdkF1YBM
— Shib (@Shibtoken)
May 27, 2024
*This article does not provide investment advice.
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