Crypto Updates

Shiba Inu (SHIB) Army Petitions Binance To List Shibaswap (BONE) on World’s Largest Crypto Exchange

Most Dogecoin Holders Are in Profit While Majority of Shiba Inu Owners Remain Underwater: IntoTheBlock

The community of Dogecoin (DOGE) competitor Shiba Inu (SHIB) is petitioning Binance to list a crypto asset that was recently designated as the governance token of its upcoming decentralized finance (DeFi) platform.

In a new petition on Change.org, the SHIB army is asking the world’s largest crypto exchange platform by volume to list Bone ShibaSwap (BONE), the network’s utility token.

“This petition is designed to kindly request of Binance to please list Bone Token to trade…

BONE is a governance token of Shibaswap ecosystem which will allow the Shib Army to vote on upcoming proposals. The more BONE the user holds, the more [the] weight of their vote carries in these future endeavors.”

Thus far, the petition has seen 1,172 signatures at time of writing with the short-term goal of getting to 1,500.

Though Binance has not yet responded to the request, the crypto exchange staked 4 trillion SHIB tokens last month worth about $35 million at the time after the Shiba Inu developers announced that BONE would be the token of Shibarium, its soon-to-launch layer-2 project.

The previous announcement sparked a BONE rally, causing BONE to rise 40% in as little as a week. BONE is trading for $1.46 at time of writing, a 3.2% drop during the last 24 hours while SHIB is moving for $0.000012, a 2.6% decrease in the same time frame.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Click Here to Read the Full Original Article at The Daily Hodl…