Shiba Inu’s DAMN Meme Coin Gets Major Listing on JuCoin, Eyeing Bullish Rise

  • 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.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.
spot_imgspot_imgspot_imgspot_img

Latest News

Bitcoin Price Analysis: Bears Dominate as BTC Slides, Hedge Funds Reduce Exposure

Bitcoin prices are experiencing a decline, drifting...

Bitwise Launches NFT-Mintable Ethereum Campaign to Fund ETH Development

Asset manager Bitwise has launched...

Winklevoss Twins Donate $2 Million in Bitcoin to Support Trump’s Presidential Campaign

The Winklevoss twins made headlines by donating...
spot_imgspot_imgspot_imgspot_img

PRO Analysis

Bitcoin Price Analysis: Bears Dominate as BTC Slides, Hedge Funds Reduce Exposure

Bitcoin prices are experiencing a decline, drifting...

Floki ($FLOKI) Poised for Strong Gains in 2024: An In-Depth Analysis

Cryptocurrency investors are continuously searching for lucrative...

Ethereum Price Analysis: ETH Eyes Break Above $3,650 for Potential Surge to $4,000

Ethereum's price saw notable oscillations...
Gideon Wolf
Gideon Wolfhttps://en.coinotag.com/
GideonWolff is a 27-year-old technical analyst and journalist with extensive experience in the cryptocurrency industry. With a focus on technical analysis and news reporting, GideonWolff provides valuable insights on market trends and potential opportunities for both investors and those interested in the world of cryptocurrency.
spot_imgspot_imgspot_imgspot_img

RIZZ.AI Revolutionizes Digital Dating with AI-Driven Coaching — 3.5 Million Downloads and Counting

The rise of artificial intelligence in dating apps is revolutionizing how people interact romantically. AI-powered applications like RIZZ.AI are gaining traction...

Bitcoin Price Analysis: Bears Dominate as BTC Slides, Hedge Funds Reduce Exposure

Bitcoin prices are experiencing a decline, drifting lower from its all-time highs amid market inactivity and a prevailing bearish trend. Market...

Bitwise Launches NFT-Mintable Ethereum Campaign to Fund ETH Development

Asset manager Bitwise has launched a new campaign to promote Ethereum and fund its development through NFT minting. ...