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

3 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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

MEXC Enhances Security Measures and Capital Reserves

MEXC enhances its security framework and capital reserves by adding 1,000 BTC to its Futures Insurance Fund, aiming to protect user assets and provide a risk buffer during extreme market conditions.

user avatarTenzin Dorje

MEXC Unveils AI Trading Report with Key Insights from Crypto Traders

MEXC has released an AI Trading Report based on a survey of 3,708 crypto traders, highlighting the use of AI in trading strategies and user preferences for control and risk management.

user avatarBayarjavkhlan Ganbaatar

BingX EU Achieves MiCA License to Expand Crypto Services in Europe

BingX EU MEGE zweite GmbH has obtained a MiCA license from Austria's FMA, allowing it to offer regulated crypto services across 29 EEA countries.

user avatarMohamed Farouk

Zcash Faces 11% Decline Amid Growing Market Concerns

Zcash has experienced an 11% decline in the past 24 hours, raising concerns about market stability and the impact of AI on cryptography.

user avatarElias Mukuru

HTX Strengthens Global Compliance and Showcases at TOKEN2049

HTX has made significant strides in global compliance initiatives while participating in TOKEN2049, a major event in the crypto industry held in Singapore.

user avatarDiego Alvarez

SEC Files Charges Against Richard Heart for Fraud

The SEC charged Richard Heart and his entities with conducting unregistered offerings of crypto asset securities.

user avatarMaria Fernandez

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.