Shiba Inu’s Bone ShibaSwap has secured a significant futures exchange listing. According to news sources, K9 Finance DAO has partnered with Weex to enhance Shibarium ecosystem tokens. Shiba Inu’s marketing lead, Lucie, highlighted the upcoming listing of Bone ShibaSwap (BONE) on Weex, a well-known crypto futures exchange. This news has sparked a substantial frenzy within the Shiba Inu community, emphasizing the potential impact on BONE’s market performance.
Shiba Inu’s Bone ShibaSwap Futures Listing
On the social media platform X, K9 Finance founder Buzz shared the announcement:
“Proud to announce that $BONE will be listed on Weex on July 31. K9 Finance has partnered with #WEEX putting an emphasis on supporting other SHIB projects & Shibarium. #SHIBARMY show your support for this organic listing.”
This partnership with Weex allegedly marks a significant milestone for the Shiba Inu ecosystem, promoting broader adoption and liquidity for BONE. Additionally, this collaboration may lead to the crypto futures trading platform supporting other Shiba Inu ecosystem tokens.
Despite the increased buzz, BONE’s price showed minimal reported movement over the last 24 hours. As of this writing, the Shibarium ecosystem token experienced a modest increase of 1.09%, reaching $0.4943 on Saturday, July 27, according to new sources. The Bone ShibaSwap price’s weekly decline appears to suggest that the Shibarium mainnet launch was a typical “sell-the-news” event, causing the price to drop as traders locked in profits, a common strategy in the crypto market.
In contrast, the forthcoming Shiba Inu BONE Futures Listing on Weex is allegedly expected to enhance liquidity, potentially driving BONE’s price higher. The token nearly reached the $0.50 mark, peaking at $0.4993 after experiencing an 11% decline earlier in the week. This small gain, although not substantial, indicates a potential reversal in BONE price trajectory.
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Is Binance Listing Next?
As of now, news sources report that Shiba Inu’s BONE ranks 9th with 14,671 picks on Binance Futures Next, garnering interest from 645 users. This ranking reflects the growing anticipation and interest in the token within the crypto community.
Speculation is rife that BONE might soon be listed on the Binance exchange. This speculation follows the Shiba Inu developers renouncing the smart contract and reallocating the remaining locked BONE to validator rewards. This move has effectively decentralized the token, further increasing its appeal.
However, while the Shiba Inu community eagerly awaits this potential listing, the outcome remains uncertain. Binance Futures NEXT feature allows users to predict tokens they believe will be listed next, but the ranks do not guarantee a listing. The crypto exchange has clarified that it will conduct thorough checks before considering any listing.
Conclusion
In summary, the Shiba Inu BONE Futures Listing on Weex represents a significant development for the Shiba Inu ecosystem. The partnership between K9 Finance DAO and Weex aims to bolster Shibarium ecosystem tokens, promoting broader adoption and liquidity for BONE. Despite the recent modest price movement, the upcoming listing is expected to enhance liquidity and potentially drive BONE’s price higher. Speculation about a potential Binance listing adds to the excitement, although the outcome remains uncertain. The Shiba Inu community continues to show strong support for BONE, eagerly anticipating future developments.
By securing the Shiba Inu BONE Futures Listing, the Shiba Inu ecosystem is allegedly taking a significant step forward. This move highlights the growing interest in BONE and emphasizes the importance of strategic partnerships in promoting ecosystem growth. The anticipation and excitement around BONE continue to build as the community awaits the Weex listing and potential future listings on other major exchanges. Look out for the next update about the topic in The BIT Journal.
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