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Shiba Inu’s SHEboshi token gets its first exchange listing less than a day after it sold out.
The official X account of Shiba Inu has called attention to a vital feat achieved by SHEboshi (SHEB), a DN404 token combining the capabilities of ERC-20 and ERC-721 standards on Ethereum.
SHEboshi Gets First Exchange Listing
According to an announcement yesterday, SHEboshi secured its first exchange listing in less than 24 hours after it sold out. Notably, Dubai-based crypto exchange CoinW listed the token yesterday at 13:00 (UTC) under the trading pair SHEB/USDT. The DN404 token was launched in CoinW’s MEME & NFT arena.
Despite opening SHEB’s trading yesterday, deposits and withdrawals of the token were halted until today, February 24, 2024, at 06:00 (UTC).
CoinW Announces $5,000 SHEB Giveaway
Interestingly, CoinW announced a $5,000 giveaway campaign to celebrate SHEB’s listing on its trading platform. Per the announcement, the giveaway event would run from February 23, 2024, at 13:00 (UTC) to March 1, 2024, at 16:00 (UTC). The promo was divided into three tiers.
First Tier
For the first tier, which has a prize pool of $1,000, new users who sign up on CoinW during the event must deposit a minimum of $50 worth of SHEB to participate in the exercise.
Eligible users will receive a reward of $2 to $20 worth of SHEB. The rewards will be distributed on a first-come, first-served basis.
Second Tier
The second campaign is a trading competition requiring users to trade a minimum of $100 worth of SHEB during the event. All users who meet the minimum volume trading requirement will receive a portion of the prize pool worth $3,000 in SHEB.
For the sharing ratio, CoinW will divide a user’s SHEB trading volume by the total SHEB trading volume during the event. Subsequently, the figure will be multiplied by $3,000 to get each individual reward.
Third Promo
Lastly, the last giveaway promo will feature a social media contest. Users who complete the second task and retweet the giveaway post on the “Quest N platform” will receive between $2 and $20 worth of SHEB.
The total prize pool for this campaign is $1,000 USDT worth of SHEB.
Shiba Inu Team Reacts
Interestingly, the Shiba Inu team took to the X platform to celebrate the milestone, stating that SHEboshi is getting its first exchange listing less than a day after it sold out. It emphasized that nobody can resist the prowess of SHEboshi.
Less than 24 hours since it sold out, and we already have the first listings… No one can resist SHEboshis 🎀#SHIBARMY is always #SHIBARMY https://t.co/NXFhM5cTNZ
— Shib (@Shibtoken) February 23, 2024
Recall that SHEboshi shocked the crypto community yesterday after it sold out in minutes. This came after the team allowed Doge Killer (LEASH) holders to mint the tokens.
According to data from CoinW, SHEB was changing hands at $636, up 113% over the past 24 hours.