Shiba Inu ecosystem token $BONE now available on StealthEX

Shiba Inu ecosystem token BONE now available on StealthEX

The governance token for the Shiba Inu ecosystem has gotten a listing on StealthEX. This is another step that SHIB developers are taking, with the goal of launching Shibarium. And it’s coming soon.

BONE comes on board StealthEX

StealthEX is a very fast-growing cryptocurrency exchange with a customized focus. This Cayman Islands-registered entity, offers an easy-to-use, instant cryptocurrency exchange, with no user account registration required. So far, StealthEX has offered more than 600 different coins, including, of course, the most important ones like Bitcoin (BTC) and Ethereum (ETH). As of now, their group is expanding to include BONE, the token of the Shiba Inu ecosystem.

Representatives of the exchange announced the fact of the expansion via their Twitter account on Thursday, November 3. The announcement reads:

“You couldn’t wait for BONE and here it is!

BONE was created as a governance token for ShibaSwapDEX, which allows ShibArmy to vote on a proposal for the future development of the project.

BONE is available for exchange on StealthEX.”

This information comes just after Shiba Inu’s lead developer, known as Shytoshi Kusama, stated that all of his attention will now be devoted to Shibarium. Meanwhile, BONE is an essential part of that project.

BONE and Shibarium

We have written about Shibarium many times before. It is a solution of the second layer of Shiba Inu, allowing to free the potential of SHIB from the limitations that accompany the construction of the project, based on the Ethereum ecosystem. BONE in Shibarium will perform a very important function. This is because it will become a token in which gas fees will be paid.

Because of this utility, as well as the extraordinary popularity of Shiba Inu, many leading exchanges are preparing to list BONE in their space. The Shiba Inu community is participating in, or even running, numerous campaigns to get the attention of Binance and Coinbase representatives so that they, too, will undertake the introduction of BONE within their platforms. We wrote about one such campaign in an article entitled: “Chief programmer Shiba Inu calls on SHIB supporters to help list BONE, on this top exchange”. 

High hopes for BONE

Knowing the past history of SHIB and its rally, many investors expect BONE to achieve similar success. Meanwhile, at the time of this writing, the token is trading around $1.03, a level nearly 57% below ATH to date. However, the record value of BONE was reached quite recently, on August 30. Such a situation, given the current bear market, makes long-term optimism around BONE justified.

Disclaimer: Blockbulletin does not take accountability of investments based on the information of the website. We highly advice readers to make extensive research prior to any invest

Share this post

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email

More News

All articles loaded
No more articles to load

Knowledge Base

Terra (LUNA)

What is Terra (LUNA)?

This time we take a look at another project that dived deep into the hearts of investors. What exactly is…

What is Avalanche (AVAX)?

Avalanche (AVAX) is a blockchain, which conquers the hearts of programmers and at the same time is a great bargain…

What is Sandbox (SAND)?

In this material, we take a look at one of the fastest growing spaces in the metaverse family. We are…
All articles loaded
No more articles to load

Analyses

All articles loaded
No more articles to load

Knowledge Base

What is Terra (LUNA)?

This time we take a look at another project that dived deep into the hearts of investors. What exactly is Terra (LUNA)? Blockchain Terra (LUNA)…

What is Avalanche (AVAX)?

Avalanche (AVAX) is a blockchain, which conquers the hearts of programmers and at the same time is a great bargain for investors. What distinguishes the…

What are stablecoins and how can you use them?

In recent years, cryptocurrencies are experiencing a real “boom”! And not just for cryptocurrencies – the rise in popularity applies to blockchain technology in general.…

What is Sandbox (SAND)?

In this material, we take a look at one of the fastest growing spaces in the metaverse family. We are talking about Sandbox and SAND…

What is Polygon (MATIC)?

Another coin worth looking at is Polygon (MATIC). It is especially liked by many investors. So what makes its popularity constantly growing? Support for Ethereum…

What is Shiba Inu (SHIB)

Shiba Inu (SHIB) is one of the most sought-after coins on the market. This is evidenced by its dynamic rallies and global interest. But does…
All articles loaded
No more articles to load