The governance token of K9 Finance, Shiba Inu’s liquid staking and derivative partner, has just been listed on LBank, a Hong Kong-based cryptocurrency exchange. This announcement marks the beginning of a new chapter in the token’s history.
Read CRYPTONEWSLAND onJust a few days ago, KNINE successfully obtained a listing on CoinW, a well-known cryptocurrency exchange with headquarters in Dubai, indicating its increasing appeal and popularity in the crypto space.
The co-founder of the K9 Finance project had hinted at additional exchange listings after the token launched on CoinW earlier. An overwhelming amount of positive support has been received since KNINE was listed on LBank.
The Shiba Inu team joined in celebrating this achievement by congratulating the K9 finance team terming the listing as a big step forward towards adoption within the crypto community.
KNINE, which was introduced on March 7, 2024, is the native token of the K9 Finance network. Its primary objective is to utilize the project’s decentralized autonomous organization (DAO) to facilitate community members’ participation in important decision-making processes.
In a recent example of community involvement, more than 13 billion KNINE tokens were used to vote for the symbolic burning of 410 million KNINE. This burn was previously carried out in honor of Vitalik Buterin, the co-founder of Ethereum.
Several centralized exchanges have listed KNINE since its launch, including LBank, MEXC, CoinW, and BitMart. In addition to increasing KNINE’s accessibility, this expanding presence across platforms strengthens its position in the cryptocurrency market.
Crypto enthusiasts and investors are closely tracking the KNINE token’s progress as it continues to gain popularity. The future implications for K9 Finance and Shiba Inu’s ecosystem are becoming increasingly enticing with every new listing achieved by the token.
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