Lucie, the marketing lead for Shiba Inu, recently addressed why BONE, the governance token of ShibaSwap, is not listed on major cryptocurrency exchanges. She emphasized that the Shiba Inu community prefers organic growth over paying for listings, which is why BONE has yet to appear on platforms like Binance and Bybit.
Exchanges Prioritize Profit Over Potential
Lucie pointed out that major exchanges are more interested in profitability than supporting promising tokens. She mentioned that a lack of liquidity and stiff competition contribute to exchanges overlooking tokens like BONE. According to her, many potential projects are ignored because they do not offer financial incentives for listings.
The Community’s Stance on Paid Listings
When asked about the absence of BONE on top exchanges, Lucie explained that the Shiba Inu community has never paid for listings and doesn’t plan to start. She encouraged supporters to remain calm and focus on organic growth rather than spending money on paid promotions. “Real growth should come from solid performance and volume,” she stated.
Key Insights from Lucie’s Remarks
Lucie’s comments provide important takeaways:
- The community values organic growth over buying listings.
- Major exchanges may require payment for token listings.
- BONE’s absence is a strategic choice, not an oversight.
- This approach could benefit the token’s reputation long-term.
These points highlight the community’s commitment to sustainable development and may influence BONE’s future market performance.
Currently, BONE is trading at $0.3894, experiencing a 4% decline. The token has seen a slight drop over the past week and has lost 50% of its value over the past year, sitting just 34% above its all-time low. Similarly, Shiba Inu’s value has decreased by 3% in the last 24 hours, reflecting broader market trends.
Lucie’s focus on increasing SHIB burns and advocating for organic growth demonstrates a strategic approach that could strengthen the token’s position. While her statements have sparked debate within the community, addressing these issues transparently is viewed positively and may enhance the project’s credibility.