FTX Fallout Echoes in Shiba Inu Delisting Controversy as Whale Activity Spikes

Shiba Inu (SHIB) faces turbulent times as two centralized exchanges delist the meme coin under disputed circumstances, coinciding with a surge in whale transactions. Despite price struggles, SHIB's marketing lead Lucie denounced the delistings as "manipulative," emphasizing they were unrelated to trading volume. The SHIB community remains resilient amid the controversy, sparking debates about the token's recovery potential. This development draws parallels to FTX's legacy of exchange-driven market disruptions, highlighting ongoing volatility in the crypto space as of July 2025.

Shiba Inu Faces Delisting Drama Amid Whale Activity Surge

Shiba Inu's recent price struggles contrast sharply with heightened whale transactions, sparking debate about its recovery potential. The meme coin's community remains defiant after two centralized exchanges delisted SHIB under controversial circumstances.

Lucie, Shiba Inu's marketing lead, condemned the delistings as "manipulative" acts unrelated to trading volume. "So much panic over two manipulative exchange delisting a token—even though it's far from the lowest volume on their platform," she stated, framing the MOVE as profit-driven rather than performance-based.

The incident has accelerated the SHIB ecosystem's push toward decentralized platforms, with Lucie citing past failures of centralized exchanges like FTX and WazirX. Community sentiment appears to be consolidating around this decentralized vision, even as market pressures mount.

Boba Network Secures $70M Investment and Resolves Token Overhang with FTX Recovery Trust Deal

Boba Network, an AI-integrated Layer-2 blockchain, has secured a $70 million investment from Awaken Foundation and LDA Capital. The funding will accelerate infrastructure development, ecosystem expansion, and AI-powered dApp innovation.

The Boba Governance Foundation also finalized an agreement with the FTX Recovery Trust, resolving uncertainty around previously held BOBA tokens. This move reinforces the Foundation's commitment to long-term stability and growth.

Alan Chiu, CEO of Enya Labs, emphasized the funding's role in attracting top talent and positioning Boba Network as a leading Layer-2 solution for AI-driven decentralized applications.