• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Shiba Inu: BONE Appears in Binance DeFi Section, Suggesting a Potential Binance Listing

Shiba Inu: BONE Appears in Binance DeFi Section, Suggesting a Potential Binance Listing

user avatar

by Max Nevskyi

2 years ago


Lucie expressed a positive outlook for X following the presentation of a BONE chart within Binance's Web3 wallet section. Binance DeFi's inclusion of BONE highlights the growing recognition of this digital currency and the Shibarium network it supports.

Binance DeFi First, then CeFi Listing for BONE?

The potential listing of a cryptocurrency on Binance holds immense significance, serving as a vote of confidence for the specific asset. Being the largest exchange in terms of trading volume, Binance provides access to millions of individuals worldwide, and endorsing BONE could expand its reach across various jurisdictions.

While acknowledging the associated risks, Lucie remains hopeful for the integration of Shibarium and the listing of BONE. In the X post, Lucie tagged Richard Teng, the new CEO of the exchange.

This announcement carries several underlying implications, offering exciting prospects. One such implication is that the Shibarium team may be actively engaging in discussions with Binance to facilitate the listing of BONE on the trading platform.

Notably, Binance already stands as a prominent marketplace for Shiba Inu (SHIB), featuring three active trading pairs for the token, including SHIB/USDT, SHIB/BUSD, and SHIB/DOGE.

Another possible reason for LucieSHIB sharing this suggestive post is to mobilize the community's voice and generate buzz, potentially compelling Binance to heed the community's request. This second scenario appears to be gaining momentum, as more community members are joining the call for the listing of BONE on Binance.

A Shibarium Binance Alliance

As an Ethereum layer-2 scaling solution, it's reasonable to anticipate an influx of projects with their unique tokens going live on Shibarium in the coming months. As these projects and their assets enter the scene, the necessity for a bridge to facilitate mainstream adoption becomes evident, further highlighting the potential for a Binance integration with Shibarium.

In the interim, leading Decentralized Exchanges that operate on these protocols, notably Marswap, are actively increasing their backing for tokens residing on the L2 network.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Polymarkets Surpasses $4 Billion in Total Volume with Chainlink Integration

chest

Polymarkets' five-minute and fifteen-minute crypto markets have surpassed $4 billion in total trading volume, with over $200 million generated in the first week of trading.

user avatarMaria Fernandez

Zcash Surges Past Resistance Level, Analyst Predicts Bullish Trend

chest

Zcash (ZEC) has surged past the resistance level of a Descending Triangle pattern, indicating a potential bullish trend.

user avatarGustavo Mendoza

Solana Price Faces Downward Correction After Failing to Maintain Above 85

chest

Solana's price has dipped below 85, entering a short-term bearish zone, while showing signs of potential consolidation.

user avatarRajesh Kumar

US Treasury Launches Cybersecurity Initiative for Crypto Industry

chest

The US Department of the Treasury has announced a new initiative aimed at enhancing cybersecurity measures for digital asset firms.

user avatarMiguel Rodriguez

Adam Back Responds to Bitcoin Creator Speculations

chest

Cryptographer Adam Back clarifies his tweet 'We Are All Satoshi', denying claims of being Bitcoin's creator and emphasizing the importance of anonymity in the cryptocurrency space.

user avatarLuis Flores

Binance and OKX Founders Clash Again Over Autobiography

chest

The feud between Binance founder Changpeng Zhao and OKX founder Star Xu has resurfaced, sparked by Zhao's autobiography.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.