Lucie, the Shiba Inu SHIBUSD advertising lead, has addressed worry, uncertainty and doubt (FUD) surrounding token delisting by some cryptocurrency exchanges. In a submit on X addressed to the SHIB Military, Lucie referred to as on neighborhood members to keep away from panic over the incident.
SHIB exec insists delisting not about quantity
In keeping with the Shiba Inu exec, members of the neighborhood don’t have to panic over the delisting of the token by two centralized exchanges, which weren’t named. She claimed that the exchanges had been being manipulative, therefore the token was delisted.
Lucie identified that, by way of efficiency, the delisted token was not among the many lowest by way of buying and selling quantity on the unnamed exchanges. She highlighted this as one of many disadvantages of centralized exchanges (CEXes).
GM. A lot panic over two manipulative trade delisting a token — although it’s removed from the bottom quantity on their platform.
Don’t add me to the drama. I’m not right here to chase exchanges.
I consider in a couple of strong ones. By no means used these two — by no means will.
I belief DeFi. Use…
The Shiba Inu marketing executive criticized some CEXes for being greedy, inconsistent and unreliable. She alleged that some CEXes require payments to list tokens and, in the process, promote low-quality, short-term projects.
Lucie noted that such exchanges do not stand the test of time due to their unreliability. She cited FTX, Hotbit and WazirX as examples of exchanges that initially appeared solid but ultimately collapsed or failed to protect users in the crypto space.
SHIB Army urged to embrace DeFi
The Shiba Inu marketing executive urged users to rely less on centralized platforms, stating, “This is about real financial freedom, not centralized control.”
In her view, the SHIB Army should only use “good” exchanges when necessary for swapping and not long-term dependency. Lucie supports the DeFi movement and advocates for simplifying DEX platforms to make them more user-friendly for beginners.
The SHIB advocate urged the community to stay focused on building and ignore the noise, as delisting was just meant to serve as a distraction. She highlighted that even XRP faced delisting in the midst of its legal battle but emerged intact.
As of press time, Shiba Inu was trading down by 1.87% at $0.00001128 over the last 24 hours. This suggests that the meme coin is still facing fluctuations and downward pressure as it struggles to remain in the top 20 ranked crypto assets.