Huobi Announces Shiba Inu’s BONE Listing, Binance To Follow

Tron founder Justin Sun-backed crypto exchange Huobi Global announces Shiba Inu ecosystem’s token Bone ShibaSwap (BONE) listing.

The move came as crypto exchange OKX listed BONE after conducting a special voting event to find favorite meme coins followed by the crypto community. BONE and AIDOGE received more voting among the five meme coins selected for voting.

Huobi Listed Shiba Inu’s Bone ShibaSwap (BONE) Token

In an official announcement on April 25, Huobi Global revealed that it is listing Bone ShibaSwap (BONE), which is the Shibarium Layer-2 blockchain’s only gas fees token. The exchange will list BONE on April 25, with deposits opening from 06:30 UTC onwards.

The BONE/USDT spot trading pair will open for trading as the deposit volume meets the market demand. Furthermore, users can withdraw their BONE tokens from 08:00 UTC on April 26.

The exchange also took to Twitter to announce the listing of the BONE token and trading going live on the same day itself. Huobi has faced low trading volume despite several efforts by Justin Sun. The exchange is even listing shitcoins to bring back some volume on the exchange.

OKX announced the listing of AIDOGE and BONE tokens after OKX users participated in a vote that took place between April 21 and April 24, 2023. After the announcement, both tokens skyrocketed by nearly 10%. The community reacted positively, but Shiba Inu price remains under pressure.

BONE Price Jumps Over 5%

BONE price rallied over 5% in the last 24 hours, with the price currently trading at $1.07. The 24-hour low and high are $1.020 and $1.145, respectively. Furthermore, the trading volume jumped over 95% in the last 24 hours, indicating an increase in interest among traders.

Whereas, Shiba Inu (SHIB) price continues to fall as whales sell SHIB to buy BONE tokens. The SHIB price currently trades at $0.0000101, down 1% in the last 24 hours.

Meanwhile, Binance’s US arm has listed memecoin Floki Inu amid massive demand for meme coins. Binance will eventually list BONE token as the SHIB developers announce the Shibarium mainnet launch, which is expected by the end of the year.

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Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his knowledge about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been associated with the blockchain and cryptocurrency industry for a substantial period and is currently covering all the latest updates and developments in the crypto industry.

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Source: https://coingape.com/just-in-huobi-announces-shiba-inus-bone-listing-binance-prepares-to-follow/