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Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30
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Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30

Shiba Inu’s BONE Bags New Listing As Token Surges 14% In 7 days

Samuel Edyme
Samuel Edyme
1 year ago
3 mins read
BONE

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As the Shibarium launch draws near, the popularity of the blockchain’s native token, BONE, has been on the rise. In today’s announcement, Singapore-based Exchange BingX announced the listing of BONE trading pairs (BONE/USDT) on the beta version of its BingX Spot platform.

The exchange said that the deposit and withdrawal service of the BONE token will be available on the BingX exchange starting from January 18, and trading will commence once the pairs are launched.

According to the company’s announcement, the move was taken due to the high demand from customers and members of the Shiba Inu and BONE community.

BingX cryptocurrency exchange currently has around five million registered users. The Singapore-based crypto exchange provides users with spot, derivatives, copy and grid trading services to more than 100 countries and regions. 

Related Reading

BingX`s New Copy-trading Subsidy Vouchers Will Allow Users To Recover Losses

2 years ago

BONE Surges Nearly 15% In 7 Days

So far, BONE has gained significant momentum to the upside over the past weeks, especially following the developers’ announcement on making BONE the token to cover gas transactions and compensate validators and delegators on the layer-2 Shibarium blockchain.

BONE has advanced and reached higher highs both in price and amount of holders. The BONE holder count has surpassed 60,000, indicating rapid accumulation by various investors.

Regarding price, BONE has followed suit with the general crypto market rally. The token has surged 72% in the last 30 days.

BONE price chart on TradingView
BONE price is moving sideways on the 4-hour chart. Source: BONEUSDT on TradingView.com

Meanwhile, at the time of writing, BONE is currently trading at $1.33, down by nearly 11% in the last 24 hours, with a trading volume of $12.1 million over the same period.

BONE has also been on an active rally to the upside since the start of this year, with its price reaching a four-month high of $1.59 yesterday, December 18.

Currently, CoinMarketCap ranks BONE as the 124th largest cryptocurrency in the world based on market capitalization. The Shiba Inu community believes that BONE has the ability to enter the top 100 cryptocurrencies soon after the launch of the Shibarium Beta.

Related Reading

Shibarium

Shibarium Developers Say Each On-Chain Transaction Will Burn SHIB Tokens

2 years ago

Shiba Inu’s BONE Anticipated Catalyst

Speaking of BONE, the token’s most anticipated catalyst as of this moment is its use case on the Shibarium blockchain.

Earlier this month, Shibarium Developers announced BONE would be the only token that would be used for gas fees as well as other blockchain activities, and “No other tokens will be necessary to operate within the protocol.”

Featured image from WatcherGuru, chart from TradingView
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Samuel Edyme
Samuel Edyme

Samuel Edyme

Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others.

Read more

Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis.

Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events—like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his keen sense of market dynamics.

When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he’s catching some Z’s or scrolling through Elon Musk’s very own X platform—(oops, another screen activity, my bad…)

Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters—(don’t judge, that’s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or “kaizen,” striving to be 1% better every day. His mantras, “God knows best” and “Everything is still on track,” reflect his resilient outlook and how he lives his life.

In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He’s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for a pay cut just to prove a point—(uhhh…). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.

Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds” that resonate deeply with him: “What you think's probably unfeasible, I've done already a hundredfold.”

PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate the opp.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

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