Gushiken Yona
SolKiller (DAMN), the meme coin making waves in the Shibarium network, has achieved a major milestone by securing its first centralized exchange (CEX) listing on JuCoin. This monumental step opens up new opportunities for increased trading activity, liquidity, and exposure for the rising star of Shibarium.
Cryptocurrency exchange platform JuCoin announced the upcoming listing of SolKiller (DAMN) on its platform. The trading pair DAMN/USDT will go live at 20:00 (UTC+8) on Saturday, with deposits opening at 20:00 (UTC+8) Thursday. This listing represents a significant milestone for DAMN, positioning it for greater visibility and accessibility in the crypto market.
Leveraging the high-performance capabilities of the Shibarium blockchain—the layer 2 solution of the Shib ecosystem—DAMN, also known as Sol Killer, is a new entrant in the cryptocurrency space, born at the height of the robust infrastructure of the Shibarium blockchain to enhance its performance and appeal.
The listing on JuCoin is a strategic move for DAMN, offering it a platform with a broad user base and robust trading infrastructure. The announcement has already generated significant buzz within the crypto community, with many anticipating a positive impact on DAMN’s market performance.
DAMN’s listing on the CEX is poised to have a profound impact on both the meme coin and the Shibarium ecosystem. For DAMN, the listing brings a surge of liquidity, making trading easier and potentially driving up its price.
It also enhances visibility and credibility, attracting a wider audience and boosting its popularity. This increased accessibility could pave the way for mainstream adoption, reaching investors who may not be familiar with decentralized exchanges.
Meanwhile, for Shibarium, the success of DAMN shines a spotlight on the entire ecosystem, drawing attention from developers and potential projects. The heightened trading activity around DAMN could lead to more transactions on the Shibarium network, fostering growth and development.
Most importantly, this listing validates the potential of Shibarium, encouraging further investment and innovation within this burgeoning space. Overall, this is a pivotal moment that could usher in a new era of growth and adoption for both DAMN and the Shibarium network.
“I am thrilled of the first centralized exchange (CEX) listing of SolKiller (DAMN) on JuCoin. This milestone marks a significant achievement for our community and the Shibarium ecosystem as a whole. Building DAMN on the Shibarium blockchain has allowed us to leverage its high-performance capabilities, ensuring faster transaction speeds and lower costs for our users. I extend my gratitude to the DAMN holders and the Shiba Inu community, the Shib Army, for their unwavering support and enthusiasm. This listing is just the beginning, and I look forward to continuing our journey together as we push the boundaries of what meme coins can achieve in the crypto space,” Woof told The Shib Daily.
SolKiller (DAMN) was created as an experiment by a pseudonymous developer who goes by the name Woof. This initiative emerged during the peak of this year’s meme coin season, a period marked by heightened interest and activity in the meme coin market. Woof envisioned DAMN as a competitor to other prominent meme coins, leveraging the robust infrastructure of the Shibarium blockchain to enhance its performance and appeal.
The concept behind DAMN was to capitalize on the fervor and community engagement that often accompanies meme coins, while also providing a technologically superior alternative. By building on Shibarium, Woof aimed to offer faster transaction speeds and lower costs, setting DAMN apart from other tokens in the space. This experimental approach has resonated with the crypto community, contributing to DAMN’s rapid rise in popularity and market activity.
As of 7:30 a.m. ET on Tuesday, SolKiller (DAMN) was trading at $0.00007275, reflecting a 4.4% decline over the past 24 hours but showing a substantial 33.8% increase over the past week. The all-time high for DAMN was $0.00008165, achieved in April 2024, while its all-time low of $0.00002079 was recorded just a few days ago in May 2024. The trading volume has been volatile, with the most recent 24-hour volume reported at approximately $12,990.65, according to data from CoinScan.
Yona has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice.
The Shib Daily is an official media and publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
