Shiba Inu’s BONE Now Available on CoinRabbit Platform

Maxwell Mutuma
December 8, 2023
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Shiba Inu (SHIB) Bags Nexo Listing, Will SHIB Price Rally

In a significant development for cryptocurrency enthusiasts, CoinRabbit, a well-known crypto lending platform, has announced the inclusion of the Shiba Inu Governance token, BONE, into its offerings. This integration follows a successful social media campaign initiated by CoinRabbit that saw remarkable participation from the Shiba Inu Community.

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Shiba Inu Lead Developer Reacts As BONE Gets New Listing

The community-driven initiative to list BONE on CoinRabbit was met with an enthusiastic response. A post related to this campaign quickly amassed over 2,000 likes and hundreds of retweets, far surpassing the initial goal of 1,000 likes to set by CoinRabbit. This significant display of support prompted the lending platform to fast-track the addition of BONE, enhancing its services for cryptocurrency users.

Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, expressed his admiration for the community’s effort. In a tweet, Kusama acknowledged the swift action of the “ShibArmy,” a term fondly used for the Shiba Inu Community, in achieving this milestone. His remarks underscore the strong relationship between the SHIB project and its dedicated community base.

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Shibarium’s Impressive Growth and Performance

Simultaneously, Shibarium, the Layer 2 blockchain solution underpinning the Shiba Inu ecosystem, has been making waves with its robust performance. Recent data from Shibariumscan Explorer reveals that the network has processed nearly 59 million transactions, marking a significant achievement for the blockchain. The platform’s ability to handle over 7 million transactions daily while maintaining an average block time of just 5 seconds indicates its efficiency and scalability.

These developments highlight the growing interest in the SHIB ecosystem and its potential to foster new applications and services in the crypto world. Including BONE in CoinRabbit’s platform is a testament to the token’s increasing prominence in the cryptocurrency market.

Read Also: Shiba Inu Burn Rate Surges 800% As Whale Moves 4 Tln SHIB, Rally To Continue?

 

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. I write extensively on topics such as blockchain, cryptocurrency, tokens, and more for many publications. My goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.