Shiba Inu’s Bone Bags New listing and 14% increase in 7 days

As the Shiberium launch approaches, the blockchain’s native token, BONE, continues to grow in popularity. In today’s announcement, Singapore-based exchange BingX announced the listing of BONE trading pairs (BONE/USDT) on the beta version of its BingX Spot platform.

The exchange said that dThe BONE token deposit and withdrawal service will be available on the BingX exchange from January 18, and trading will begin once the pair is launched.

According to the company Announcementthe move was taken due to high demand from users and members. Sheba Anu and the Boone community.

BingX cryptocurrency exchange currently has around five million registered users. The Singapore-based crypto exchange offers spot, derivative, copy and grid trading services to customers in more than 100 countries and territories.

In 7 days, bones grow by about 15%.

So far, BONE has gained significant upward momentum over the past weeks, especially after the developers announced it. bone A token for covering gas transactions and compensating verifiers and delegates on the Layer-2 Shibarium blockchain.

BONE has grown in both price and amount of holders and has reached a high level. The number of bone holders has crossed 60,000, indicating rapid accumulation by various investors.

In terms of price, BONE has followed suit with a typical crypto market rally. The token has gained 72% in the last 30 days.

Bone price chart on trading wave
Bone price is moving sideways on the 4-hour chart. Source: BONEUSDT ON TradingView.com

Meanwhile, at the time of writing, BONE is currently trading at $1.33, down nearly 11% in the last 24 hours, with a trading volume of $12.1 million over the same period.

BONE has also been on an active rally to the upside since the start of this year, with its price hitting a four-month high of $1.59 yesterday, December 18.

Currently, CoinMarketCap ranks BONE as the 124th largest cryptocurrency in the world based on market capitalization. The Shiba Inu community believes that BONE has the potential to break into the top 100. Cryptocurrency Soon after the launch of Shiberium beta.

Shiba Inu Bone Expected Catalyst

Speaking of BONE, the token’s most anticipated catalyst at the moment is its use case on the Shiberium blockchain.

Earlier this month, Shabirim Developers announced that BONE will be the only token used for gas fees as well as other blockchain activities, and “will not require any other tokens to function within the protocol.”

Featured image from WatcherGuru, chart from TradingView

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