Exchanges Under Fire for Shiba Inu Token Removals
In a recent turn of events, the Shiba Inu team has raised concerns over the practices of centralized exchanges, following the delisting of their BONE token from OKX and ONUS. According to Lucie, the marketing specialist for Shiba Inu, the delisting was not based on BONE’s trading performance or volume, but rather a result of manipulative tactics.
Lucie criticized these platforms for prioritizing tokens that bring "big money", rather than supporting ecosystem tokens like BONE. She emphasized that the Shiba Inu team will not chase exchanges to list their tokens and instead, has shifted its focus towards building within the decentralized finance (DeFi) space.
The team believes that the DeFi space is more transparent and user-friendly, avoiding invasive measures like KYC. Lucie also pointed to past failures of prominent centralized exchanges as cautionary examples against reliance on such platforms.
The official reason given by OKX and ONUS for the delisting was a lack of alternative liquidity sources. OKX announced the delisting of BONE effective July 7, 2025, and due to the absence of alternative liquidity sources, ONUS followed by suspending BONE purchases, swaps, and eventually delisting it on their app with instructions for users to convert or withdraw their holdings before specified deadlines.
The delisting has sparked fierce resistance within the Shiba Inu community, with Lucie's fiery words strengthening the team's resolve. She reminded the community of the potential risks of overreliance on centralized platforms and advocated for earned support for Shiba Inu ecosystem tokens, rather than buying or begging for it.
In the face of this setback, the Shiba Inu team has not let it halt their momentum. They continue to develop and push their DeFi plans forward, underscoring their resilience in the face of industry challenges.
[1] OKX and ONUS official announcements regarding BONE delisting. [2] Interview with Lucie, Shiba Inu's marketing lead. [3] Various industry reports on the practices of centralized exchanges.
Cryptocurrency enthusiasts within the Shiba Inu community are advocating for support of ecosystem tokens like BONE, as they criticize centralized exchanges for prioritizing tokens that bring "big money" over smaller, decentralized finance (DeFi) tokens. The Shiba Inu team, in response to the delisting of their BONE token from OKX and ONUS, intends to solely focus on building within the DeFi space and steer clear of manipulative tactics used by some exchanges. The team believes that the DeFi space, with its transparency and user-friendly approach, avoids invasive measures like Know Your Customer (KYC) and serves as a more secure alternative to centralized exchanges.
