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New Development in K9 Finance DAO (KNINE)

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by Giorgi Kostiuk

a year ago


New Development in K9 Finance DAO (KNINE)

K9 Finance DAO, also known as KNINE, emerged as a mutually beneficial token release on March 7, 2024. It serves as the official liquid staking solution within the Shiba Inu and Shibarium blockchain ecosystems.

Recent advancements have taken place in the KNINE domain, marking a significant milestone for the Shiba Inu (SHIB) environment. KNINE has achieved a listing on a prominent stock exchange, initiated by the Hong Kong-based cryptocurrency platform, LBank.

Upon the announcement of this listing, the Shiba Inu team expressed admiration for K9 Finance's accomplishment in securing a position on LBank.

Subsequent to this revelation, the price of KNINE experienced a notable surge. The message conveyed, 'Congratulations to K9 Finance on their latest listing! This achievement signifies a considerable stride in adoption and contributes further value to the SHIBARMY community. We appreciate the continuous dedication and effort.'

Following the recent update from LBank and endorsement by the SHIB team, KNINE witnessed a staggering surge of up to 20%. However, the token later retraced most of these gains, showcasing a fluctuating trajectory in its price movement.

Please note that this information is shared for informational purposes and is not intended as investment advice.

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Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.