- Recently, a significant listing announcement was made for the SOL-Killer DAMN meme coin by Shiba Inu’s marketing lead, Lucie.
- This listing is set to take place on one of the oldest crypto trading platforms, which has generated excitement and anticipation within the crypto community.
- A noteworthy detail is that the DAMN/USDT pair will be officially listed, though the token’s price saw a decline today.
Discover how the SOL-Killer DAMN meme coin is gaining traction with a new listing on a major crypto trading platform and what this means for its future.
JuCoin to List DAMN Token Shortly
In a recent post on X, Shiba Inu’s marketing lead Lucie announced that JuCoin, one of the longest-standing crypto trading platforms, is preparing to list the SOL-Killer DAMN meme coin. This development is significant for the broader Shiba Inu ecosystem, indicating increased visibility and potential market activity for DAMN.
Details of the Listing
JuCoin confirmed that the DAMN/USDT trading pair will be available for trading starting June 8 at 20:00 UTC, with deposits opening on June 6 at the same time. This announcement has stirred optimism within the Shiba Inu community, as exchange listings often lead to increased liquidity and market interest. However, it’s important to keep the volatile nature of the crypto market in mind, as price movements can be unpredictable.
DAMN & SHIB Market Dynamics
The DAMN token, which can be traded on decentralized exchanges (DEXs) like Woofswap, has a total supply of 69 billion tokens. A unique feature of DAMN is its mechanism to burn BONE (Shibarium’s gas fees) with each transaction, a detail highlighted by Lucie earlier this year. At present, DAMN’s price on WoofSwap is $0.00003027, down 2.63% over the past day. This downward trend might see a reversal with the upcoming listing on JuCoin, potentially driving substantial trading volumes and fund inflows.
Comparing DAMN and SHIB Price Movements
The broader trend for DAMN appears to reflect the overall market movement of SHIB, the native token of the Shiba Inu ecosystem. Currently, SHIB has experienced a price pullback, dropping 5.14% to $0.00002374. Considering that DAMN aims to rival prominent meme coins like those of Solana, the upcoming JuCoin listing could be pivotal in enhancing DAMN’s market position, provided it spurs a bullish trend.
Conclusion
The imminent listing of the SOL-Killer DAMN meme coin on JuCoin marks a crucial development for its market dynamics. While current price trends show a dip, the new listing presents a substantial opportunity for price appreciation and increased market activity. Investors and crypto enthusiasts should closely monitor how this event unfolds, as it could significantly impact both DAMN and the broader Shiba Inu ecosystem.
