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BONE Will Hit New ATH When Binance Finally Lists It: Del Crxpto

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2024-08-26 21:46:12477browse

Crypto expert and Shiba Inu enthusiast Del Crxpto believes Bone ShibaSwap (BONE) will hit a new all-time high when it eventually starts trading on Binance.

BONE Will Hit New ATH When Binance Finally Lists It: Del Crxpto

Shiba Inu enthusiast and crypto expert Del Crxpto has reignited speculations about leading exchange Binance adding support for Shibarium gas token Bone ShibaSwap (BONE).

The analyst took to Twitter to share his thoughts on the matter, stating that Binance listing BONE is an eventuality that the Shiba Army and the crypto community should brace themselves for.

As earlier reported by The Crypto Basic, the Shiba Inu community, backed by lead developer Shytoshi Kusama, pushed for top exchanges to list BONE. The community voted that Binance list the token for futures trading.

However, the community call went unanswered, as Binance has failed to list the token since then. But, as Del Crxpto, there are still growing calls for this move.

BONE to Hit New ATH: Analyst

Del Crxpto further argued that BONE will hit a new all-time high when Binance finally lists it. From his predictions, BONE will trade above $15.5, an ATH attained on July 7, 2021.

For the analyst’s predictions to materialize, BONE would have to surge 3,500% from its current market price. This would also mean that BONE’s market cap would hit $3.5 billion.

Notably, BONE is down 97% from its all-time high. The token has continued to underperform in the market despite its relevance to the Shiba Inu ecosystem.

One likely reason for this occurrence is a lack of proper promotion for BONE. As earlier reported, a community member contended that BONE would have reached $5.6 had the Shiba Inu lead developer given the token the support it needed.

Growing Speculations On More Tier 1 Exchange Listings

Del Crxpto’s speculations about a Binance listing come a few months after analytical firm Coinpedia predicted that BONE will trade on the US top crypto exchange, Coinbase.

The firm mentioned the asset among the top ten assets that Coinbase would likely list in 2024. Coinpedia stated that BONE met a few criteria that should attract Coinbase, which included its utility, increased adoption of the L2 network Shibarium, and strong community support for the token.

Shiba Inu enthusiasts have continued to charge Coinbase and Binance on social media and Change.org to list BONE.

It is worth noting that BONE is listed on OKX, Gate.io, Crypto.com, and Bitget, among other top exchanges.

BONE traded at $0.4416 at press time, up 1.4% in the past 24 hours. The asset has surged over 18% in the past seven days amidst a wider market recovery.

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