Shiba Inu Community Rallies Behind BONE To List On Binance

Shiba Inu army has put up a petition on the website Change.org, to gather the community’s support for the listing of the BONE token in the world’s largest crypto exchange Binance.

BONE is the governance token of the ShibaSwap ecosystem. The petition has so far received over 1000 signatures and has attracted a lot of attention.

According to SHIB fans, listing on the world’s dominant trading platform will boost its adoption, and as per them, “The more BONE a user has, the greater influence their vote will have on these upcoming decisions.”

The total number of BONE tokens in circulation is 250 million. The initial supply of Shiba Inu (SHIB) tokens was a quadrillion. Ryoshi, the creator, locked 50% in Uniswap and gave the remaining 50% to Vitalik Buterin, the co-founder of Ethereum, for safekeeping.

In order to guarantee SHIB’s long-term stability, Buterin burned 40% of its total supply to a dead wallet after using it to make the largest cryptocurrency donation in history.

The three primary tokens in the Shiba Inu ecosystem are SHIB, LEASH, and BONE. ShibaSwap is a next-generation DeFi platform that gives users the option to stake, swap and provide liquidity for tokens in exchange for rewards under its passive income incentive scheme.

Just a few days back, the Shiba Inu ecosystem token was pumping at a relatively low trading volume of $7.5 million.

Shiba Inu: Binance CEO Outlines Rules For Listing

However, these figures are not anything new as BONE is not yet listed on a major crypto exchange. It is no secret that SHIB fans have been eagerly awaiting its entry on large exchanges, particularly Binance.

But coincidentally at the same moment, Changpeng Zhao, Binance’s CEO and also known as CZ in the cryptocurrency community, brought up the idea of being listed on the black-and-yellow crypto giant today.

The top exec offered advice on how to list on Binance and enquired as to which coin should come next in the quotations.

There are items that, in addition to the official listing regulations, can expedite the procedure. These include team accountability and professionalism, project visibility, community support for Binance, and integration of BNB or BUSD into the project process, and project visibility.

Lipika Deka: Lipika is a crypto-journalist at TWJ. A graduate in economics and finance, she has a keen interest in the political and socio-economic facets of blockchain technology and the cryptocurrency industry.