Shiba Inu: Is a Binance Listing for BONE on the Horizon?

Sahana Kiran
Shiba Inu
Source – NewsBTC

As the Shibarium buzz continues to linger, two major assets are seen benefiting from it. Shiba Inu [SHIB] is one of them, but the other asset that was faring much better was Bone. In the cryptocurrency sector, a token’s listing on the Binance exchange is considered a major milestone. Yet, the CZ-led firm has several criteria for the same. Now that Bone has entered the top 100 cryptocurrencies list, the community speculates that the asset might have a chance. Currently, Bone is the 94th largest cryptocurrency with a market cap of $437,091,562.

While this is still a rumor, certain community action has already been taken. Several platforms are claiming that a listing is already underway. But it should be noted that no official announcement has been made yet. Bone’s official Twitter page also confirmed the same.

At the moment, there is a petition that has surfaced. Members of the Shiba Inu ecosystem have been signing a petition titled “Kindly request Binance to list Bone Token on its exchange.” At present, it has garnered a total of 2,007 signatures.

What will a possible Binance listing do to Bone?

With this listing, the community hopes to see a boost in the price of Bone. Time and again, assets listed on prominent exchanges have seen significant pumps.

At press time, Bone was trading at $1.90, with a 7.42% 24-hour rise. Continued bullish momentum improves its possibility of reaching $2. With Shibarium on the cards, Bone might reach $3 by the end of 2023. However, market volatility will play a key role.