Leading Crypto Exchange Lists Shiba Inu’s BONE And BABYDOGE

Tarmex, a popular digital asset exchange has announced the listing of two tokens on its platform: Bone ShibaSwap (BONE) and Baby Doge Coin (BABYDOGE). As of May 16th, 2023 at 08:00 UTC, users of the platform can deposit these tokens in preparation for trading.

The exchange has established trading pairs of BONE/USDT and BABYDOGE/USDT, further expanding the reach of these tokens in the crypto market. Both tokens have already been listed on other major exchanges such as OKX, Poloniex, and Huobi. However, the listing on Tarmex is expected to bring more liquidity and potentially further price action for these tokens.

While the listing of BONE and BABYDOGE on Tarmex is a significant development for these tokens and their respective communities, their prices have seen some fluctuations in the last 24 hours. BABYDOGE has experienced a gain of 1.70%, while BONE has seen a decline of 2.87%, as seen in CoinMarketCap.

In the same time period, the burn rate of SHIB, another popular token, has been on the rise. According to the latest hourly SHIB update, the tokens burnt over the past 24 hours amounted to 3,034,309,519, representing a significant increase of 26450.21%. This follows a decline in the burn rate over the past week, which saw a decrease of 70%.

Read why Shib burn rate declined

Despite the fluctuations in token values and burn rates, the increasing accessibility of tokens like BONE and BABYDOGE to a wider range of investors is a positive development for the overall growth and development of the crypto market.

With their expanding presence on multiple platforms, these tokens are increasing their visibility and accessibility for investors worldwide, potentially bringing more liquidity and price action to the market.

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.