Shiba

Backstage

Shiba Inu

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<a href="https://u.today/importance-of-upcoming-shibarium-upgrade-explained-by-shib-team" rel="noopener noreferrer nofollow">Shiba Inu</a> marketing expert Lucie has taken to her account on social media platform X (widely popular as Twitter before 2023) to share some backstage secrets of some centralized cryptocurrency trading platforms - particularly regarding how they approach the listing of new tokens.
<h2 id="ugly-truth-about-listing-on-cexes-from-shib-executive">"Ugly truth" about listing on CEXes from SHIB executive</h2>
Lucie stated that some centralized crypto exchanges list tokens even if those tokens hardly have any prospects for staying afloat in the future. The SHIB executive shared that many exchanges refuse to list even “a high-potential token backed by a solid blockchain” — “unless you pay them.”
She sadly added that “It’s all about business now — integrity in this market is no longer part of the game.”
However, she believes that paying an exchange team to get it to list a token is not a good path to take since, as she pointed out, “Tokens listed recently are down 30-50% from the time they hit exchanges.” Basically, Lucie believes that centralized crypto exchanges do not care about good projects, chasing big profits from coin teams, which offer “the flavor of the week” coin to them.
What is important for blockchains to focus on, she believes, is educating and spreading the word about decentralized finance (DeFi) platforms. “Let’s push for real growth, not quick fixes,” Lucie concluded her message to the SHIB army.
<blockquote>
 Ugly truth Some exchanges don’t care if a token won’t exist next year, or even in a few months. If there’s a high-potential token backed by a solid blockchain, they still won’t list it unless you pay them. It’s all about business now—integrity in this market is no longer part…— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) <a href="https://twitter.com/LucieSHIB/status/1835627024242684302?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 16, 2024</a>
</blockquote>
<h2 id="lucie-warns-against-shib-ryoshi-scammers">Lucie warns against SHIB Ryoshi scammers</h2>
Earlier today, Lucie issued an important warning to the global meme coin community. She drew their attention to the fact that, recently, many scammers have begun using the name of the mysterious SHIB founder <a href="https://u.today/crucial-ryoshi-scam-warning-issued-by-shib-team" rel="noopener noreferrer nofollow">Ryoshi to shill scam tokens</a> to the SHIB army.
Lucie reminded the community that there are only four tokens at the moment that are directly associated with Ryoshi and the Shiba Inu ecosystem he founded. Those are SHIB, LEASH, BONE and TREAT.
The SHIB executive told the community that soon stablecoin SHI will also be released, as well as the TREAT token, hinting that anyone offering them to SHIB holders now are scammers.
To solidify her message, Lucie retweeted a post from the “Shibarmy scammy alerts” account, which published an even bigger tweet on crypto fraudsters who are trying to scam SHIB users into buying fake tokens they claim to be part of Ryoshi’s vision.

SHIB Executive Reveals 'Ugly Truth' About Some Exchanges' Listing Backstage

Table of Contents

U_Today

Other articles published on Sep 16, 2024

Lucie Explains Why BONE Token Is Not Listed on Major Exchanges

Cryptocurrency Update: Key Developments Across Bitcoin, Ethereum, and Other Major Coins

FTX/Alameda Wallet Unstakes $24M SOL Amid Ongoing Investigations: Report

DeFi vs. AI: Ethereum Co-Founder Predicts DeFi’s Triumph with Affordable L2s

Statement from Coinbase CEO: Responds to Allegation that They Caused the Bitcoin Price to Fall

Federal Reserve Prepares to Adjust Interest Rates, Impacting Bitcoin and Crypto Markets

Join our free newsletter for daily crypto updates!