Lucie, the head of marketing for the Shiba Inu ecosystem, has responded to the widespread misconceptions surrounding Binance’s decision to remove the SHIB trading pair. Binance recently announced its plans to delist seven spot crypto trading pairs, including SHIB/TUSD, on June 28 at 03:00 AM (UTC), citing low liquidity and trading volume as the reason for their removal.
However, some crypto media outlets mistakenly reported that Binance was delisting Shiba Inu entirely. Lucie has clarified that this is not the case, labeling these reports as “click-bait.” She explained that Binance is only removing the SHIB/TUSD trading pair and urged members of the Shiba Inu community to verify information from reliable sources before jumping to conclusions.
Binance has also issued statements confirming that the removal of the SHIB/TUSD trading pair does not impact the availability of the token on the exchange. Users can still trade the quote and base assets of the delisted pairs through other supported pairs. After the removal of SHIB/TUSD, Binance will still offer eight Shiba Inu spot trading pairs, including SHIB/USDT, SHIB/FDUSD, SHIB/USDC, SHIB/EUR, SHIB/TRY, SHIB/DOGE, SHIB/BRL, and SHIB/JPY.
This is not the first time that Lucie has had to debunk rumors of Shiba Inu’s delisting from Binance. Previously, when Binance announced the removal of SHIB/BUSD and 22 other cross-margin pairs, there were media platforms claiming that Shiba Inu was being delisted. Lucie stepped in to clarify that this was not true.
Meanwhile, Shiba Inu’s price continues to decline in the midst of the broader crypto market downturn. The token has experienced a daily loss of 3.96%, with each unit priced at $0.00001691.
It is important to note that this article is for informational purposes only and should not be considered financial advice. The views expressed in this article are the author’s personal opinions and do not reflect the opinion of The Crypto Basic. Readers are advised to conduct thorough research before making any investment decisions, and The Crypto Basic is not responsible for any financial losses incurred.