Both $SHIB and $DOGE are now available for swapping on Binance Liquid Swap platform thanks to new listings
holders significantly. The other six liquidity pools include BEL/USDT, BTC/TUSD, ID/BTC, ID/USDT, SYN/USDT and TUSD/USDT.
The introduction of the SHIB/DOGE liquidity pool could potentially attract more investors to Shiba Inu, a popular meme cryptocurrency. This development comes at a critical time for Shiba Inu, as the token's price recently fell to its local support level of $0.00001.Since then, the price has been consolidating at this level with low and descending trading volume.
It is essential for Shiba Inu holders to understand the risks associated with adding funds to a liquidity pool. The number of digital assets redeemed may differ from the number added to the pool. Additionally, transaction fees may be incurred when adding or redeeming digital assets from theThe creation of the SHIB/DOGE liquidity pool could improve the market performance of Shiba Inu by increasing its liquidity and attracting more traders.
As trading volume remains low and descending, the market will be looking for any signs of increased interest toward assets like Shiba Inu, which has been going through tough times recently.
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