Shiba Inu Exec Torches CEXes Over SHIB Delisting—’Betrayal of Crypto’s Roots’

Shiba Inu's leadership drops a Molotov cocktail on centralized exchanges after SHIB gets axed from trading platforms. Here's why this drama matters—and why it reeks of Wall Street déjà vu.

The Backstab Heard 'Round Crypto

When a top Shiba Inu official slammed CEXes for delisting SHIB, it wasn’t just a rant—it was a manifesto. Decentralization purists are cheering while exchange execs scramble to spin the narrative. Sound familiar? It should. The 'compliance' playbook hasn’t changed since the NYSE started gatekeeping stocks.

CEX vs. DEX: The Eternal Cage Match

Exchanges cite 'liquidity concerns.' SHIB holders scream 'coordinated sabotage.' Meanwhile, decentralized platforms see trading volumes spike—proving once again that crypto’s rebels always find a way around the velvet ropes.

Funny how 'risk management' only ever seems to kick in after the little guys have bought the top. Welcome to finance 2.0—same as finance 1.0, but with more memes.

Not About Performance, Says Lucie

Without naming the specific platforms involved, Lucie addressed the growing wave of fear and speculation. She emphasized that the delisting wasn’t due to underperformance, but rather due to the questionable practices of some exchanges.

“So much panic over two manipulative exchanges delisting a token – even though it’s far from the lowest volume on their platform,” she wrote on X (formerly Twitter). Her remarks painted a picture of internal politics within centralized platforms, where delisting decisions may be driven more by profit motives and influence than by data or community support.

Centralized Platforms Under Scrutiny

Lucie went on to criticize centralized exchanges (CEXes) more broadly, accusing some of listing short-lived or low-value tokens in exchange for payment, while ignoring well-supported and innovative projects like SHIB.

According to her, this behavior not only damages trust within the ecosystem but also undermines the long-term value of digital assets. She pointed to failed platforms such as FTX, WazirX, and Hotbit — once prominent exchanges that ultimately collapsed or lost credibility — as cautionary examples.

“I believe in a few solid ones. Never used those two – never will,” she noted, implying her personal decision to avoid the platforms involved in the SHIB delisting.

Returning to DeFi Roots

In her response, Lucie reiterated Shiba Inu’s commitment to decentralization and user empowerment. She urged the community to move away from centralized exchanges and embrace decentralized finance (DeFi) platforms that align with the original principles of blockchain technology.

“We’re here to build and embrace DeFi and simplify it so even beginners can onboard without needing 2FA, KYC, and a blood sample just to get started,” she said, highlighting the growing frustration with excessive user verification processes on CEXes.

Lucie’s message underscored the project’s vision to create a more inclusive and user-controlled financial system, encouraging holders to support decentralized tools that put ownership and privacy first.

Lessons from XRP’s Journey

Lucie also drew parallels to XRP, which faced similar hurdles when it was delisted by several major platforms during its legal battle with the U.S. Securities and Exchange Commission (SEC). Despite that challenge, XRP eventually made a strong comeback as legal clarity improved.

She used this example to motivate the Shiba Inu community, noting that temporary setbacks should not distract from the project’s long-term goals.

“Stay focused, ignore the noise,” she said, reaffirming confidence in SHIB’s resilience and future growth.

Market Snapshot

At the time of writing, SHIB was trading at $0.00001128, down 1.87% over the past 24 hours. While the market remains cautious, the token has retained much of its substantial 2024 gains, which saw its value rise by over 300%.

Lucie’s response signals more than just damage control—it is a call to action. Her statements reflect the growing tension between centralized platforms and blockchain projects focused on decentralization and user empowerment. As SHIB continues to expand its ecosystem with real-world use cases and DeFi integrations, the team appears ready to weather market noise and regulatory uncertainty with a focus on long-term development.

With community support and a strong push toward decentralized solutions, SHIB’s vision remains intact, regardless of centralized exchange decisions.