Huobi to Soon List Shiba Inu Ecosystem’s BONE token?

Lavina Daryanani
Source: NewsBTC

Bone is a key cryptocurrency token within the Shiba Inu ecosystem. With Shibarium’s launch just around the corner, this token’s relevance has increased even more. This is because the native token chosen for Shiba Inu’s L2 solution to cover gas transactions and reward validators and delegators — is BONE. In fact, like reported recently, the launch of the network will likely increase BONE buys.

Whales have been amassing BONE in anticipation of the release. As a by-product of the same, the asset’s price has been on the incline. Since the beginning of the year, BONE has more than doubled in value, thanks to its 101% spike.

BONE/USDT by TradingView

Also Read: Whale Buys $1.52M Worth of Bone Tokens Ahead of Shibarium Launch

Is cryptocurrency exchange Huobi planning to list BONE?

On its official digital asset page, Huobi recently added Bone ShibaSwap [BONE]. The same made the case for a potential listing. The “Trade” and “Deposit” options stood out on the official page at press time. Apart from that, there were separate sections dedicated to the project introduction, token information, and related links.

Source: Huobi

Also Read: Shibarium Release Expected to Increase BONE Buys

Clicking on the deposit option directs users to the BONE/USDT page. The same, however, was blank and seemed to be inactive at press time. Thus, neither has trading set in motion yet, nor has the exchange officially confirmed BONE’s listing.

The Shiba Inu Army has been eagerly waiting for BONE’s listing for quite some time now. In mid-December last year, the exchange shared a picture of Shiba Inu dog dressed in red to honor to festive cheer. It did not take time for people from the space to start advocating that a potential BONE listing was up on the cards.

Now, with the launch of the latest page, it seems like the exchange is indeed gearing up for the same.

Also Read – Shiba Inu: Bone Rallies 75% in Jan 2023, Reaches $1.50