• 15 August, 2024
Markets News

Shib X Confirms BONE Listing on WEEX, Celebrates 4th Anniversary

Shib X Confirms BONE Listing on WEEX, Celebrates 4th Anniversary

The official Shib X account has confirmed the listing of Bone ShibaSwap (BONE) on WEEX, a prominent crypto futures exchange. This announcement has generated significant excitement within the Shiba Inu community and beyond, emphasizing the potential implications for BONE’s market performance. 

The partnership with WEEX underscores a significant milestone for the Shiba Inu ecosystem, promoting broader adoption and liquidity for BONE. Furthermore, this collaboration could pave the way for the addition of other Shiba Inu ecosystem tokens on the crypto futures trading platform.

The listing of BONE on WEEX marks a critical achievement for the Shiba Inu ecosystem. This development not only enhances BONE’s visibility but also increases its liquidity in the market. Additionally, this partnership with WEEX could facilitate broader support for other tokens within the Shiba Inu ecosystem. 

Speculation is already swirling that BONE might soon be listed on the Binance exchange. This speculation follows the Shiba Inu developers’ recent move to renounce the smart contract and reallocate the remaining locked BONE to validator rewards. By decentralizing the token, the developers have further bolstered its appeal within the crypto community.

Despite the significant listing news, BONE’s price has not yet responded positively. As of press time, the price of Bone ShibaSwap (BONE) stands at $0.449, with a 24-hour trading volume of $5,192,315. This represents a -3.64% price decline in the last 24 hours and a -5.11% decline over the past seven days. 

With a circulating supply of 250 million BONE, the token’s market cap is valued at $112,022,032. Comparatively, Bone ShibaSwap is underperforming the global cryptocurrency market, which is down -1.60%, and is lagging behind similar Ethereum ecosystem cryptocurrencies, which are up 12.70%.

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The listing coincides with SHIB token’s 4th anniversary. The Shiba Inu community, known as the Shib Army, has reacted with enthusiasm. A prominent community member posted a celebratory message thanking Ryoshi, the project’s founder, and the developers for their ongoing efforts. 

This celebration comes only a month after Shytoshi Kusama, the pseudonymous lead developer behind Shiba Inu, expressed excitement for the project’s growing DeFi dominance. K9 Finance, a key partner in the Shiba Inu ecosystem, recently secured a listing for its KNINE token on WEEX and announced the platform’s integration with SHIB’s layer-2 network. Kusama shared his optimism for the future, highlighting the ecosystem’s strides towards decentralized finance dominance.

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