‘Shiba Inu Coin Grateful for Being Listed on Exchange’

Shytoshi Kusama, the lead developer of Shiba Inu, recently expressed his gratitude to CoinW for listing SHEboshi (SHEB). In a tweet, Kusama acknowledged the listing on February 23, 2024, and thanked the exchange for supporting SHEB.

This tweet came shortly after the official Shiba Inu X account celebrated the listing of SHEB on CoinW. It was noted that the SHEboshi collection received its first listing less than a day after selling out.

CoinW made history by becoming the first centralized exchange to list SHEboshi. The collection was listed under the SHEB/USDT trading pair in the MEME and NFT arena. Trading for the pair started on February 23, 2024, at 13:00 (UTC).

To celebrate the listing, CoinW announced a ,000 giveaway. Users have the opportunity to win a portion of the prize pool by participating in the trading competition or completing a social media task. The giveaway event started on February 23, 2024, and will conclude today at 13:00 (UTC), with rewards being distributed three working days after.

SHEboshi was created as an experiment by the Shiba Inu ecosystem team and adopted the DN404 token standard on Ethereum. This standard integrates Ethereum fungible tokens (ERC-20) and NFT functionalities (ERC-721) into SHEboshi, allowing for fractionalization of NFTs and reduced transaction fees.

Despite selling out in less than five minutes, SHEB tokens can still be purchased on platforms like CoinW, ShibaSwap, Uniswap, and OpenSea. The floor price of SHEB on OpenSea was 0.103 ETH (3) at the time of writing, while it was trading at 7.51 on CoinW, showing a 0.59% decrease in the past day.