💥💥💥 #shibaInu Coin Team Lauds #k9 Finance On Major Listing, KNINE Price Soars
In a significant development for the Shiba Inu ($SHIB ) ecosystem, K9 Finance DAO (KNINE) has secured a major exchange listing on LBank, as announced on May 28, 2024. This listing has been celebrated by the Shiba Inu team and has led to notable price growth for both KNINE and SHIB.
LBank Lists K9 Finance
- Trading for the KNINE/USDT pair will start in the Innovation Zone, marking a key milestone for K9 Finance DAO. Launched on March 7, 2024, KNINE operates as the official liquid staking solution for Shiba Inu and the Shibarium #Blockchain . The KNINE token follows a stake-to-earn model, allowing holders to earn revenue from the liquid staking product and the DAO, with the liquid staking product set to launch in Q3 2024.
- The Shiba Inu team's official X account, managed by figures like Shytoshi Kusama and Kaal Dhairya, praised K9 Finance DAO's listing, highlighting its significance for adoption and value within the #SHIBARMY.
- Deposits for KNINE began on May 27, 2024, and withdrawals will be available starting May 29, 2024. The listing is expected to enhance liquidity and adoption, driving further engagement in the Shiba Inu ecosystem.
KNINE & Shiba Inu Price
- Following the LBank announcement, KNINE surged to a peak of $0.000028, a 12.5% gain from its previous close. Despite a subsequent bearish trend, KNINE remained positive, trading at $0.00002506 as of May 28, up 0.89% with a 24-hour trading volume increase of 42.54%. Shiba Inu also saw a rise of 0.87% to $0.00002472, nearing the crucial resistance level of $0.000025. If SHIB breaks above this level and maintains momentum, targets of $0.00003 and potentially $0.00005 could be reached, though higher SHIB long liquidations suggest a possible downtrend.
- This listing and price movement highlight significant progress for K9 Finance and the Shiba Inu ecosystem, showcasing ongoing growth and increasing market engagement.
Source - coingape.com
