SHIB/USD pairs are now available on Binance US. Could a BONE listing be on the way?
After Gate.io and CoinEx listed Shiba Inu’s BONE token on their exchanges, Binance US joined the spree with a new trading pair.
Speculators anticipate some surprises from crypto exchanges as the Shibarium beta draws nearer.
Binance US list a new Shiba Inu (SHIB) trading pair
Crypto exchanges Gate.io and CoinEx have both listed Shiba Inu’s BONE token on their exchanges in anticipation of the Shibairum beta.
Shibarium is an upcoming layer 2 blockchain network built on Ethereum that will utilize SHIB, BONE and LEASH tokens to create a decentralised network based on the Shiba Inu ecosystem. As a utility token, BONE will play an essential role in Shibairum.
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Following the Shibarium beta release, the Shiba Inu community and SHIB speculators believe that investors will notice the utilities that BONE has to offer and demand for the token will increase.
The Shiba Inu community have urged exchanges to list the token ahead of the Shibairum beta because of its potential future market popularity.
Leading crypto exchange Binance has expressed support for Shiba Inu and the Shiba Inu community in the past. As a result of Binance's support, SHIB holders expect Binance to list BONE and subsequent Shiba Inu eocystem tokens in the near future, particularly before Shibairum goes online officially.
Although it's only a new trading pair, SHIB speculators see it as an acknowledgement that Binance has not forgotten about Shiba Inu or the Shiba Inu ecosystem.