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Home Altcoins

ShibaSwap BONE Token Rises 5% After Huobi, OKX Listings

by Dan K
Apr 25, 2023 - 2:30 pm
in Altcoins
Graphic of SHIB Token with Trend Lines, Indicating Market Volatility.

Huobi and OKX Announce BONE Token Listings

Huobi and OKX, two major cryptocurrency exchanges, recently announced their decision to list ShibaSwap’s BONE token. The news of the listings caused the price of the token to rise by 5%, though it has since experienced a slight correction.

BONE Token Gains Traction on Exchanges

As a result of the listings, BONE has seen an increase in trading volume and a 5% surge in its value. Though the token experienced a slight dip following the initial price spike, it remains poised for further growth thanks to its newfound visibility on the Huobi and OKX platforms.

AIDOGE Joins BONE on OKX

In addition to BONE, OKX has also listed AIDOGE, another up-and-coming cryptocurrency. The exchange now holds approximately 9.54 million BONE tokens, valued at around $10.19 million. This accounts for 4.15% of the total BONE supply, surpassing both the Shiba Inu: Migrator address and the Crypto.com 5 address.

BONE’s Performance in 2023

Since the beginning of 2023, BONE has experienced a 36% increase in price. Despite being down 55% from its all-time high of $2.40 in August 2022, the token’s recent listings on major exchanges like Huobi and OKX have sparked renewed interest from the cryptocurrency community.

Keeping an Eye on the Future

The market is closely watching the performance of BONE and other ShibaSwap tokens as they gain traction on major exchanges. With increased visibility and trading volume, these tokens may experience further growth and success in the coming months.

Conclusion

The recent listings of ShibaSwap’s BONE token on the Huobi and OKX exchanges have not only led to a 5% surge in its value but also increased its visibility and trading volume. This development, coupled with the token’s strong performance since the beginning of 2023, indicates that BONE may continue to grow and gain traction in the cryptocurrency market. As investors and the crypto community closely monitor BONE and other ShibaSwap tokens, these assets could very well become key players in the ever-evolving world of digital currencies.

Tags: HuobiOKXShibaSwap
Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

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