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HomeCrypto NewsMarketShiba Inu: BONE Scores Major Listing in Turkey

Shiba Inu: BONE Scores Major Listing in Turkey

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Shiba Inu ecosystem token BONE secured a listing on one of the biggest crypto exchanges in Turkey, granting more investors access to the Shibarium gas token. 

ICRYPEX, one of the leading cryptocurrency exchanges in Turkey, recently increased the number of digital assets supported on its trading platform. 

The ultimate goal is to present existing customers with more trading options while the exchange hopes to attract new customers via its latest listings. 

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In a Tuesday announcement, ICRYPEX notified the public of the onboarding of 10 new assets on its trading platform. 

Among the crypto assets listed for trading on the Turkish-based exchange yesterday was BONE, the governance token of Bone Shibaswap. The SHIB marketing specialist called attention to this positive development today. 

Other cryptocurrencies opened for trading on ICRYPEX included CAKE, BAKE, FIL, TWT, ARPA, UNFI, DYDX, JASMY, and UNIBOT. Notably, BONE recorded this prominent listing amid the anticipation of the Shibarium public relaunch.

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As reported by The Crypto Basic, Shytoshi Kusama revealed that Shibarium is currently in private mode to enable developers to test the network sufficiently. 

The lead Shiba Inu developer added that the L2 network was temporarily taken down. He noted that the development team would relaunch it once it is stable enough to handle high traffic. 

BONE Adoption Rises

Amid the heightened anticipation surrounding Shibarium, BONE has recently recorded massive adoption from many investors and crypto exchanges.

This is evident in the steady accumulation of the asset by several whales. Despite the mild hurdles encountered by Shibarium on its debut, staked BONE surpassed the 7.5M threshold as published by The Crypto Basic. 

It bears noting that BONE’s listing on ICRYPEX comes shortly after the Shiba Inu ecosystem token was supported on Changelly. Changelly is a non-custodial cryptocurrency exchange based in the Czech Republic. 

Notably, this increased interest in the asset is primarily attributed to Shibarium adopting BONE as the network’s gas token. 

Accordingly, proponents believe this outstanding utility would significantly boost the asset’s price in the near term. Notably, a renowned community member recently compared BONE to BNB, projecting BONE to mirror BNB’s growth. 

Above all, members of the SHIBArmy want to see BONE listed on Binance and other globally established crypto exchanges. With the planned BONE contract renunciation, community members speculate that the big listings may eventually happen.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Author

Ndianabasi Tom
Ndianabasi Tom
Ndianabasi Tom is a crypto journalist and content writer who has been talking about crypto and blockchain technology since 2018. With a knack for translating complex concepts into engaging narratives, he takes pleasure in educating and informing industry players about developments in space. Armed with industry expertise and a commitment to delivering accurate and thought-provoking content, he has produced thousands of articles including news and educational content for various projects and blogs, showcasing his versatility and dedication to his craft. He holds a Bachelor's degree in Petroleum Engineering.

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