The Shiba Inu ecosystem uses BONE, a token built on the Shibarium Layer-2 blockchain.

The findings showed that 90.7% of voters chose BONE, while just 9.3% chose Alchemy Pay.

On Monday, Swyftx, a cryptocurrency exchange based in Australia and New Zealand, announced that it will be listing the Bone ShibaSwap (BONE) token.

The Shiba Inu ecosystem uses BONE, a token built on the Shibarium Layer-2 blockchain, as its governance and gas token. BONE’s (BONE) 3% decrease in trading volume over the prior 24 hours was not an instant reaction to the listing announcement on Swyftx.

The Australian cryptocurrency exchange Swyftx announced on Twitter on June 12 that it has added support for the Bone ShibaSwap (BONE) token. Shibarium Layer-2 blockchain gas token BONE trading has begun.

On Friday, Swyftx released a survey on its planned token offerings. Community members were asked about their preferences for the addition of Alchemy Pay (ACH) and Bone ShibaSwap (BONE) to the trading platform. The findings showed that 90.7% of voters chose BONE, while just 9.3% chose Alchemy Pay.

Failed to Boost Price

Since the BONE token is anticipated to attract the same level of interest as Shiba Inu, the Shiba Inu community is grateful to the exchange for listing it.

Meanwhile, head developer Shytoshi Kusama has temporarily suspended the Shibarium official Telegram group because of increasing rumors around the mainnet launch date. However, the “pause” has also led the community to wonder whether the Shibarium release is imminent.

The current price of BONE is $0.6852, a decrease of 2.31% over the last 24 hours and 11% over the past week. Shiba Inu fell 30% on Saturday’s market crisis but regained 10% on Monday. The lack of interest from whales and traders is also reflected in an 18% drop in trading volume. 

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Filed under: Bitcoin - @ June 12, 2023 4:23 pm