Shiba Inu (SHIB) continues to gain traction in the cryptocurrency market as its partner token, KNINE, gets listed on Hong Kong-based crypto exchange LBank. This listing allows users to deposit KNINE into their LBank accounts, with trading set to commence on May 28. The Shiba Inu ecosystem team has welcomed the listing, describing it as 'another big win for adoption'. KNINE is the governance token of K9 Finance, Shiba Inu's liquid staking and derivative partner. It enables community members to participate in decision-making processes within the K9 Finance ecosystem. The listing on LBank follows previous listings on CoinW, and more exchange listings are expected in the future. The highly anticipated KNINE burn is scheduled for May 31. Currently, the price of KNINE has risen 1.23% over the past 24 hours to $0.00002518 [1d72e1dd].
Shiba Inu (SHIB) has secured a major listing on ETFSwap, a decentralized finance (DeFi) exchange, expanding its reach to a wider audience. ETFSwap aims to provide Shiba Inu holders with a platform to swap SHIB tokens for various types of exchange-traded funds (ETFs), offering new investing opportunities. The listing on ETFSwap is expected to increase Shiba Inu's exposure and liquidity, potentially leading to increased adoption and price increases for its native token. ETFSwap allows users to create accounts and execute transactions without the need for KYC verification. The platform offers a range of ETFs, including commodity ETFs, leveraged ETFs, cryptocurrency spot and futures ETFs, and fixed-income ETFs. By combining the Shiba Inu and ETFSwap communities, the platform aims to enhance trading experiences and provide a secure and transparent environment for users. Currently in its presale phase, ETFSwap has seen rapid token sales, with each ETFS token priced at $0.00854 in the first stage of the presale. Holders of ETFS tokens can stake or hold them for rewards and voting rights in the development of ETFSwap's ecosystem [bcf77899].
Shiba Inu continues to evolve as a versatile DeFi ecosystem, offering a crypto exchange, Layer 2 solution, and three tokens. The recent slowdown in selling activity indicates a potential shift in market sentiment towards SHIB. Additionally, Shiba Inu has partnered with the Content Delivery and Security Association (CDSA) to address security concerns in media and content distribution, including deep fakes and plagiarism [cb6b70ca].
InQubeta (QUBE), a crypto-based crowdfunding platform, has successfully raised over $13.6 million in its ICO and offers the QUBE token, which has deflationary characteristics and utility [cb6b70ca].
Uniswap (UNI), a sought-after crypto exchange, has recently unveiled a new ERC protocol, further enhancing its capabilities and appeal to users [cb6b70ca].
These developments position Shiba Inu, InQubeta, and Uniswap as some of the best cryptocurrencies to consider buying now. However, it is important to note that investing in cryptocurrencies carries risks and should be done with caution [cb6b70ca].