Well-known Shiba Inu community figure Del Crxpto has voiced confidence that SHIB will not be the sole ecosystem token to trade on Binance, the largest crypto exchange.
Del Crxpto conveyed this sentiment in a recent post on X amid mounting calls for Binance to endorse other Shiba Inu ecosystem tokens.
$SHIB will not be the only digital asset in its ecosystem to be on @binance forever. #ThinkMacro
— Del Crxpto (@DelCrxpto) May 27, 2024
Shiba Inu Ecosystem Tokens Not Trading on Binance
Significantly, the Shiba Inu ecosystem team has launched the tokens Doge Killer (LEASH) and BONE after SHIB, with intentions to expand the ecosystem with new assets such as TREAT and the SHI stablecoin.
Presently, among the Shiba Inu-related tokens available on the market, SHIB is the only one that has achieved extensive support and listings on several leading centralized exchanges.
Meanwhile, community members have persistently called on major exchanges such as Binance and Coinbase to include BONE on their platforms, yet these appeals have not been successful so far.
Efforts to List Other Tokens on Binance
Two months ago, Shiba Inu lead developer Shytoshi Kusama championed the push for BONE’s listing on Binance. Kusama mobilized the Shiba Inu Army to vote BONE on the Binance Futures Next platform. Notably, Binance Next Pool allows users to predict forthcoming listings with “Picks” purchased for 1 USDT each.
Some members initially encountered challenges in the voting process for BONE, causing them to deploy VPNs to participate. However, these efforts have not proved successful yet. The SHIB Army’s efforts follow the resolution of BONE’s contract issues, though Binance has not yet listed the token.
Nonetheless, community members like Del Crxpto remain optimistic that BONE and other ecosystem tokens will trade on Binance someday.
Significantly, the continuous push for BONE to be listed on Binance arises from the exchange’s status as a major hub with the largest base of traders. Tokens that secure a listing on Binance typically see a substantial surge in price shortly after, as this exposes them to a broader spectrum of investors and traders.
Hopeful Projection of Listing
Last month, CoinPedia Markets predicted that Binance may list BONE in 2024, highlighting four factors that could influence this decision. It includes BONE’s dual role in governance and as Shibarium’s gas token.
Moreover, it cited BONE’s utility in staking and liquidity, appealing to exchanges like Binance that value high liquidity assets. Other cited points include strong community support and the renunciation of BONE’s contract. Notably, these characteristics are already available for BONE.
Centralized exchanges that have listed LEASH and BONE include OKX, Gate.io, Bitget, and CryptoCom.
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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