CoinW, a leading cryptocurrency exchange, has announced a promotional campaign to boost trading activity for Shiba Inu ecosystem tokens. The initiative, tagged “SHIB to the Moon,” eliminates spot trading fees for a range of tokens within the Shiba Inu ecosystem. Promotion Overview As per CoinW’s official announcement , users will be able to trade specific Shiba Inu ecosystem tokens, including SHIB, Bone ShibaSwap (BONE), Doge Killer (LEASH) , and Shiba Inu Treat (TREAT) , without incurring any spot trading fees. The promotion also extends to Dogecoin (DOGE), reflecting the exchange’s commitment to supporting established and emerging meme-based cryptocurrencies. The zero-fee trading campaign will run from February 3, 2025, at 10:00 a.m. (UTC) to February 10, 2025, at 10:00 a.m. (UTC). Eligible trading pairs include SHIB/USDT, BONE/USDT, LEASH/USDT, TREAT/USDT, and DOGE/USDT. CoinW clarified that the fee exemption applies exclusively to spot trading for these pairs and does not cover other trading strategies, such as grid trading. In addition, all transactions made during this campaign will contribute to the respective assets’ trading volume, making them eligible for any additional benefits tied to trading activity. Objective of the Initiative The primary goal of the “SHIB to the Moon” campaign is to encourage greater adoption and trading activity for Shiba Inu-related tokens and Dogecoin. By waiving fees, CoinW aims to provide traders with a cost-effective opportunity to engage with these assets, potentially increasing their trading volumes. This approach is expected to attract new and existing users to participate actively in the market. The promotional titled, “SHIB to the Moon” reflects the enthusiasm within the cryptocurrency community, where such phrases are often used to express optimism about an asset’s potential for significant growth. This campaign aligns with efforts to strengthen community engagement and broaden the appeal of the ecosystem . We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Market Context Despite the buzz surrounding this initiative, the campaign initially coincided with broader market volatility. At the time, the featured tokens experienced a price decline, including SHIB, BONE, LEASH, TREAT, and DOGE. This downturn in the cryptocurrency market coincides with a broader sell-off in both crypto and stock markets, attributed to the increased investment in artificial intelligence (AI). Specifically, the increasing popularity of China-based AI startup DeepSeek has shifted investor focus, leading to a reallocation of capital from traditional and digital assets to AI-related opportunities. This campaign represents an opportunity for traders to engage with the ecosystem’s tokens and Dogecoin without incurring additional costs. By offering free trading for a limited time, CoinW aims to drive interest in these assets and support the broader adoption of meme-based cryptocurrencies. However, traders should remain mindful of the current market dynamics and assess risks carefully when participating in this initiative. This campaign highlights CoinW’s continued efforts to foster activity within the cryptocurrency sector while addressing the challenges of market fluctuations. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post CoinW Introduces Free Trading for Shiba Inu Ecosystem Tokens: Details appeared first on Times Tabloid .
