Shiba Inu Community Pushes for Binance Futures Listing
The SHIB community is actively campaigning for BONE's listing on Binance Futures, encouraging users to vote for the token on the exchange's NEXT platform.
Key highlights:
- 44,000+ Picks on Binance NEXT: BONE ranks 5th among all nominated tokens.
- Price Surge: BONE’s price rose 76.6% in the past 7 days (currently at $1.17).
- Growing Trading Volume: 24-hour trading volume increased by 8.06%, signaling heightened interest.
BONE’s Role in the Shiba Inu Ecosystem
BONE is one of three core tokens in ShibaSwap (alongside SHIB and LEASH), with utilities including:
- Staking on ShibaSwap.
- Liquidity provision for decentralized trading.
- Governance functions (e.g., voting on ecosystem proposals).
Market Performance and Analyst Insights
- RSI at 65.51: Indicates sustained buying pressure (TradingView data).
- Market Cap: $257 million, with potential for upward momentum.
- Price Target: Analysts suggest $2 is achievable if trading volume and community support persist.
👉 Explore BONE’s latest price trends
FAQs
Q: Why is BONE gaining traction?
A: Binance NEXT voting, ShibaSwap utility, and SHIB community advocacy are driving demand.
Q: What’s BONE’s all-time high price?
A: BONE peaked at $1.90 in 2023; the $2 target would set a new record.
Q: How can I stake BONE?
A: Use ShibaSwap’s "BONE Pool" to stake and earn rewards.
Outlook
While macroeconomic factors and exchange listings will influence BONE’s trajectory, its current momentum suggests a plausible path to $2 by March 31. Investors should monitor:
- Binance Futures listing progress.
- ShibaSwap adoption rates.
- Broader crypto market trends.
Disclaimer: Cryptocurrency investments are volatile. Conduct independent research before trading.
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