Categories: Payment system news

Will This be the Next Listing for Shiba Inu (SHIB)?

PondX, a popular decentralized exchange aggregator, has announced that it will integrate the Shiba Inu token into its platform following a recent community poll on X, where SHIB emerged as the winner.
The decision to integrate Shiba Inu into the PondX platform resulted from an open community poll conducted on platform X. PondX, demonstrating its commitment to user inclusivity, gave its users the power to choose the next token for integration.

At the Pond, we like to let the community decide!

Next token to add to https://t.co/baZAgLiHUG?

— Pond Coin (@Pond0x) September 2, 2023

  • The poll included options such as Chainlink, Rollbit, Shiba Inu, and Mog. Shiba Inu captured the majority by claiming 46% of the votes, proving its popularity among the PondX community. Chainlink came in second place with 30% of votes.
  • PondX has introduced SHIB as an exchangeable token, which means that when users access the site, SHIB is now listed as an option for swapping alongside Ethereum, Bitcoin, PEPE, its native token POND coin, and the stablecoin USDC.
  • Additionally, PondX has announced a limited-time 2x reward for transactions with the Shiba Inu token. This incentive, available until Sept. 9, rewards users who make SHIB swaps on the PondX platform.
  • PondX, recognized for its ability to aggregate liquidity from various decentralized exchanges, chains, and bridges, operates on a rewards system that factors in the frequency, volume, and type of tokens swapped by its users. The recent addition of Shiba Inu to its platform is expected to enhance its liquidity pool.
  • Meanwhile, Kusama announced the delay of Shibaswap’s launch on Shibarium, Shiba Inu’s Layer 2 scaling solution, to ensure the maturity of other projects on the network.

The post Will This be the Next Listing for Shiba Inu (SHIB)? appeared first on CryptoPotato.

superadmin

Recent Posts

Market Analyst Predicts Ripple’s XRP Next Move Could Send Price Soaring to $15

XRP traded largely flat on Monday following a volatile week marked by a broader cryptocurrency…

4 hours ago

Strategy Says Its Bitcoin Stash Could Keep Dividends Flowing For 31 Years

Strategy is back in the spotlight after revealing its Bitcoin treasury could support shareholder dividends…

4 hours ago

The fall of BitMEX and BitMart: Could Exchange Collapses Bring Crypto Market Rebound? CZ Reacts

Recent business collapses of exchanges have brought speculation about whether such crashes could trigger the…

4 hours ago

Is Ethereum Readying for Bullish Takeoff? Mysterious Whale Spends $50.04M DAI to Buy 25,425 ETH

Whale clients are showing renewed appetite for Ether, a development that could benefit crypto customers…

4 hours ago

EMCD Commits Up to $30M to Miners Facing the Industry’s Toughest Profitability Squeeze

EMCD, a global crypto-fintech platform and one of the world’s largest Bitcoin mining pools, has…

13 hours ago

Trump Token Team Moves $16M TRUMP Coin to Fireblock Custody; Will TRUMP Breakout from Downtrend?

TRUMP Coin is attracting crypto traders’ attention following the Trump token team's move to transfer…

1 day ago