Shiba Inu’s BONE enjoys a massive rally after a top exchange lists the token.
BONE, the native governance token of Shiba Inu’s decentralized exchange Shibaswap, is having an impressive rally today as Dubai and Saint Vincent-based BlueBit.io added support for Shiba Inu (SHIB).
According to data from crypto data aggregator platform CoinMarketCap, BONE is up 53% in the hours leading to press time.
The massive rally of BONE surprises many investors, given that the token was initially changing hands at around $1.06 earlier today.
Interestingly, BONE broke every form of resistance in the past hour to surge to a 24-hours high of $1.63. Meanwhile, the token’s value has retraced a little to $1.53 at the time of writing.
The value of BONE soared massively following news that the token had been listed on multi-asset cryptocurrency exchange, Bluebit.
“Want to hear some good news Shytoshi Kusama and SHIBARMY? BONE is now officially LIVE and trading on BlueBit as of right now! Thank you for all the support; please enjoy the Bone token listing,” BlueBit tweeted.
— BlueBit.io (@Bluebit_io) August 29, 2022
BONE is also up 100% in the last seven days, starting the week at $0.73. Bone trading volume is $32,366,955 which is up 360% in 24 hours.
As reported by The Crypto Basic on August 27th, Singapore-Based Global Cryptocurrency Exchange MEXC Global Accumulated 11.63 Million Bone ShibaSwap (BONE) and became the third biggest BONE holder.
On August 23rd, Gate_io Purchased Bone ShibaSwap Worth $492K.