BONE Up By 40% As It Scores Listing On Gate.io

BONE gets wider adoption as the central token of Shibarium has been listed in a leading digital asset exchange via an official blog post.

Gate.io, one of the top 10 exchanges in the world, announced that it would add support to Bone ShibaSwap with the trading pair BONE/USDT on February 24, 2023, at 4:00 am UTC.

Founded on Cayman Island in 2013 by Lin Han, the platform boasts over 12 million registered users across 224 nations, and nearly $4 billion daily trade volume, making it one of the largest cryptocurrency exchanges in the market.

At present, the exchange has over 1400 listed cryptocurrencies.

As of now, Gate.io is gearing up to set shop in Hong Kong following the local government’s planned 50 million Hong Kong dollar [$6.4 million] cash injection into Web3 under the city’s 2023-24 budget.

On Feb. 22, Gate Group said that it will apply for a crypto license in the region allowing it to launch “Gate HK.” The firm’s local firm, Hippo Financial Services, obtained the license in August 2022 to provide virtual asset custodial services.

Having said that, Bone has gained an enormous listing across several crypto platforms as the highly-awaited debut of Shiba Inu’s scaling protocol draws closer after much delay.

Some of those listings that garnered attention were in Huobi, Singaporean digital derivatives exchange Bitget, and Seychelles-based XT.com, etc. XT.com claims to be the world’s first social-infused cryptocurrency exchange and supports over 500 cryptocurrencies and 800 trading pairs.

Blockchain payment system, FCF Pay has too extended payment options with BONE on Prepaid Virtual Debit Cards.

In addition to that, the token went live on the Singaporean trading platform BingX as well as crypto exchange StealthEX’s mobile trading app.

BONE Grabs Investor’s Interest

BONE will serve as the governance token for the scaling solution, and will also be used to settle all gas prices throughout the Shibarium ecosystem.

The popular meme token also entered the coveted top 100 largest cryptos reflecting its growing popularity. 

Bone ShibaSwap’s market value has increased as a result of the recent events, pushing it closer to the $2 level. With a 24-hour trading volume of over $16 million.

BONE is currently exchanging hands at $1.96, up by 5% from the previous day, demonstrating strong investor interest and demand.