Shiba Inu’s SOL-Killer ‘DAMN’ Braces For Major Listing, Here’s All – Crypto News – Crypto News
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Shiba Inu’s SOL-Killer ‘DAMN’ Braces For Major Listing, Here’s All – Crypto News

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Shiba Inu’s ecosystem token DAMN, aka SOL-killer, has gained substantial traction across the broader crypto market ever since the coin’s inception into the digital assets realm. Introduced this year within Shibarium, the L2 network, the DAMN meme coin has promptly emerged as a hot trend across the Shiba Inu community.

Now, with one of the oldest crypto trading platforms extending support to the meme coin, a pivotal shift in price dynamics potentially looms, in turn garnering global attention to the crypto. JuCoin, a crypto trading platform, recently announced plans to list the SOL-Killer DAMN token in the coming days.

JuCoin To List DAMN Token Ahead

In a post shared by Shiba Inu’s marketing lead Lucie on X, dated June 4, it was pointed out that DAMN is all set to be listed on the JuCoin crypto trading platform shortly ahead.

Meanwhile, in an official statement released by the exchange, it was unveiled that JuCoin plans to list the DAMN/USDT trading pair on June 8 at 20:00 UTC. Moreover, the statement revealed that deposits for the same will commence on June 6 at 20:00 UTC. This latest update from the exchange has caused an optimistic stir for the meme coin within the Shiba Inu crypto community.

Usual market sentiments convey bullishness with a token’s listing chronicles. However, it’s also worth keeping in mind the highly volatile nature of the crypto realm.

Also Read: Bitcoin ETF Inflows Propel BlackRock, Fidelity, Invesco Into Top 10 ETF Issuers List

DAMN & SHIB Market Dynamics

DAMN, a token that can be traded on DEXs like Woofswap, has a total supply of 69 billion tokens. Its unique feature is burning BONE, Shibarium’s gas fees, with each transaction, as also spotlighted by Lucie earlier this year.

The token’s (DAMN/WBONE) price on DEX WoofSwap was $0.00003027, down 2.63% over the past day. This tumbled movement might be bolstered ahead, potentially due to the abovementioned listing chronicle coming into play as it would inject notable trading volumes and funds into the crypto.

Meanwhile, DAMN appears to have mimicked the broader downtrend in SHIB, the native token of the Shiba Inu ecosystem. SHIB’s price illustrated a pullback, dipping 5.14% to $0.00002374 today.

It’s also worth mentioning that, as the name suggests, the SOL-killer meme coin is aimed at rivaling the recent hot trends within the meme coins sector, Solana meme coins. Should the listing bring about a bullish trend, DAMN could further cement its positioning within the meme coins sector.

Also Read: How’s the Crypto Market Performing Today?

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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