Analytic Platform Says Coinbase Will List Shiba Inu’s BONE

Coinpedia Markets speculates that Coinbase will list BONE, Shiba Inu’s L2 blockchain official gas token, this year. 

Popular crypto analytic platform Coinpedia Markets has issued a bold prediction for Bone ShibaSwap (BONE).

Coinbase to List BONE This Year

Coinpedia Markets speculated that the highly anticipated listing of BONE on the San Francisco-based exchange Coinbase could happen this year.

In a recent tweet, the analytic platform highlighted 10 tokens, including BONE, that are set to go live on Coinbase in 2024. Other tokens in the list include Kaspa (KAS), Baby DogeCoin (BABYDOGE), Toncoin (TON), Catcoin (CAT), Bitgert (BRISE), CoqInu (COQ), Neo (NEO), Realio Network (RIO), and Dogwifhat (WIF).

Top 10 #Cryptocurrencies poised to be listed on #Coinbase in 2024 🚀🔥

1. Kaspa ( $KAS)
2. Toncoin ( $TON)
3. Dogwifhat ( $WIF)
4. Catcoin ( $CAT)
5. BabyDogeCoin ( #BABYDOGE)
6. Bone ShibaSwap ( $BONE)
7. Bitgert ( $BRISE)
8. CoqInu ( $COQ)
9. NEO ( $NEO)
10. Realio Network (… pic.twitter.com/WwQ7bDX94A

— Coinpedia Markets (@MarketCoinpedia) April 17, 2024

Potential Factors That Could Drive BONE’s Listing on Binance

In a follow-up blog post, the platform highlighted several reasons it expects Coinbase to list BONE, alongside the other nine tokens, this year. For Bone ShibaSwap, Coinpedia Markets noted that BONE is Shibarium’s utility token. 

It also pointed out BONE’s functionality within the Shiba Inu ecosystem, which includes its role in governance and staking. Additionally, Coinpedia Markets highlighted the token’s integration with popular domain startup D3 Global as another factor that could propel Coinbase to list the token this year.

Another factor that could motivate Coinbase to list BONE is the growing adoption of Shiba Inu’s L2 blockchain, Shibarium. According to Coinpedia Markets, as of April 16, Shibarium’s active accounts had surpassed 25,800, while its daily transactions surged to 958,438 from 419,517.

Coinipedia Markets noted that BONE’s demand would spike as more users utilize Shibarium in transactions, thus solidifying its position for potential listing on Coinbase.

Growing Demand for BONE Listing on Coinbase

Lastly, the platform cited the growing demand for BONE’s potential listing on Coinbase as another factor that cannot be overlooked.

It bears mentioning that the Shiba Inu community has called Coinbase’s attention to BONE on several occasions. In addition to the usual social media campaigns on platforms like X, some Shiba Inu community members have petitioned Coinbase on Change.org to list BONE.

Despite Coinbase ignoring these calls, Coinpedia Markets believes these relentless demands could lead to BONE’s potential listing on the platform.

Coinpedia Markets’ recent prediction comes a week after speculating that BONE could be listed on Binance this year. Both Coinbase and Binance are among the top 5 crypto exchanges, and BONE’s potential listing on any of these platforms could lead to a substantial surge in its market value.

At the time of writing this line, BONE was changing hands at $0.5883, down 2% over the past 24 hours. The token has also witnessed a 17.2% decline in the weekly charts and a 19.2% dip in the past two weeks.