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- Shiba Inu’s Bone ShibaSwap (BONE) recently gained a critical listing on a major futures exchange.
- K9 Finance DAO announced a strategic partnership with Weex to enhance the Shibarium ecosystem tokens.
- The crypto community is speculating about a potential Binance listing for BONE.
Learn about the strategic moves within the Shiba Inu ecosystem and the implications for BONE and other related tokens.
Shiba Inu’s Bone ShibaSwap Listed on Weex Futures Exchange
Recently, Shiba Inu’s Bone ShibaSwap (BONE) has been listed on Weex, a renowned crypto futures exchange. This move was amplified on social media by K9 Finance founder, Buzz, who announced the listing, scheduled for July 31. According to Buzz, this partnership underscores Weex’s dedicated support for SHIB-related projects and Shibarium, contributing to increased market enthusiasm and liquidity for BONE. Despite this buzz, BONE has shown minimal price movement, clocking a modest 1.09% increase to $0.4943 on July 27.
Strategic Partnership for Ecosystem Expansion
The partnership between K9 Finance DAO and Weex represents a pivotal step for the broader Shiba Inu ecosystem. This collaboration is expected to promote the adoption and liquidity of BONE and potentially other SHIB ecosystem tokens. While BONE saw an 11% decline earlier in the week, the token bounced back to nearly $0.50, suggesting a potential turnaround in its price trajectory. The partnership with Weex could play a critical role in enhancing the token’s performance and acceptance in the broader crypto market.
Growing Speculation of Binance Listing
Adding fuel to the fire, speculation about BONE being listed on Binance is mounting. As of the latest data, BONE ranked 9th with 14,671 picks on Binance Futures NEXT, which indicates growing interest within the crypto community. This speculation was heightened after Shiba Inu developers renounced the smart contract and diverted the remaining locked BONE to validator rewards, effectively decentralizing the token and boosting its appeal. While Binance has not confirmed any listing, the anticipation continues to build within the community.
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Conclusion
The recent listing of BONE on Weex, coupled with the strategic partnership with K9 Finance DAO, marks a significant milestone for the Shiba Inu ecosystem. While the immediate price impact has been modest, the long-term implications for liquidity and adoption are substantial. As speculation around a potential Binance listing grows, the future looks promising for BONE and other SHIB ecosystem tokens. Investors and community members alike should keep an eye on these developments for future opportunities.
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