Registered Crypto Exchange Lists Shiba Inu (SHIB) Ecosystem's BONE Token

Australia and New Zealand registered crypto exchange Swyftx on Monday said it has listed Bone ShibaSwap (BONE) token.

BONE is the Shiba Inu ecosystem’s governance token and gas token for the Shibarium Layer-2 blockchain. Traders didn’t immediately respond to BONE listing news on Swyftx and trading 3% down in the last 24 hours.

Swyftx Listed Shiba Inu Ecosystem’s BONE Token

Australia-headquartered crypto exchange Swyftx in a tweet on June 12 revealed that it has listed Bone ShibaSwap (BONE) token on the platform. Users can now start trading the Shibarium Layer-2 blockchain’s gas token BONE.

On Friday, Swyftx launched a poll related to its upcoming token listings. In the poll, it asked the community to vote on whether they want Alchemy Pay (ACH) and Bone ShibaSwap (BONE) on the exchange. According to the results, BONE received 90.7% of the votes, while Alchemy Pay gathered only 9.3 percent of the votes.

The Shiba Inu community appreciated the exchange for listing the BONE token as it is expected to gather the same attention as Shiba Inu.

Meanwhile, lead developer Shytoshi Kusama has again paused the official Telegram group of Shibarium amid rising FUD related to the official date of the mainnet release. However, the “pause” has also caused the community to speculate whether the Shibarium release is near.

SHIB and BONE Price Falls Amid FUD

Shiba Inu tumbled 30% during the market crash on Saturday and recovered 10% due to “buy the dip.” SHIB price fell 2% in the last 24 hours, with the price currently trading at $0.0000066. Furthermore, the trading volume has decreased by 30%, indicating a lack of interest from whales and traders.

According to an analysis published in CoinGape Markets, Shiba Inu bulls need to defend 0.00000572 support in order to prevent further fall in SHIB price.

BONE price currently trades at $0.68, down 3% in the last 24 hours and 11% in a week. The 24-hour low and high are $0.690 and $0.713, respectively.

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Varinder Singh

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