Australia-based Crypto Exchange Lists Shiba Inu Governance Token BONE

Australia-based crypto exchange GroveX welcomes the Shiba Inu Governance Token, Bone ShibaSwap (BONE) to its platform.

GroveX, a leading digital currency exchange, recently announced that it would list Shiba Inu’s Governance token, Bone ShibaSwap, with the trading pairs BONE/USDT and BONE/BUSD on its platform.

Per the announcement, GroveX users can now access the deposit feature for BONE, whereas the exchange will enable the withdrawal feature on September 8 at 7:00 PM AEST.

📣New Listing Alert📣@Shibtoken
will be listed on #GroveX. Details are as follows:

Trading Pairs:
🔸#BONE/#USDT
🔸#BONE/#BUSD

Listing Date & Time:
🔸08/09/2023 at 7:00 PM AEST

Deposits: Now Open

Withdrawals Open: 08/09/2023 at 7:00 PM AEST.https://t.co/oPrpP6MQQF… pic.twitter.com/tQpVEjAsay

— GroveX (@GroveXchange) September 4, 2023

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GroveX is a leading cryptocurrency exchange platform that offers its users an extensive range of services, including spot trading, futures trading, and margin trading. Per the official website, GroveX currently supports over 200 cryptocurrencies.

This development comes shortly after the Shiba Inu team launched a new digital currency named Wrapped BONE (WBONE). WBONE is a standardized version of the BONE token, and it is expected to enhance activity within the Shibarium network. The primary purpose of WBONE is to simplify the process of connecting and using non-native cryptocurrencies on different networks and decentralized applications (dApps).

Shibarium Progress

Etherscan.io, the leading blockchain explorer, reveals that the Shiba Inu Community has now staked a staggering 24,338,488 (24.33 million) BONE, valued at $24,508,858 ($24.50 million) on Shibarium. This accounts for 10.5818% of the total BONE supply.

Meanwhile, Shibarium, a Layer 2 protocol of the SHIB network, has reached a remarkable milestone by processing over 1 million transactions. This achievement showcases the robustness and widespread adoption of the network.

Per Shibariumscan.io, a dedicated blockchain explorer of Shibarium, the network has now processed 1,065,521 (1.06 million) transactions. The number of registered wallet addresses is also skyrocketing, with an impressive count of 1,117,471 (1.11 million).