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Shiba Inu (SHIB) Army Petitions Binance To List Shibaswap (BONE) on World’s Largest Crypto Exchange

by Mehron Rokhy
February 3, 2023
in Altcoins, Trading

The community of Dogecoin (DOGE) competitor Shiba Inu (SHIB) is petitioning Binance to list a crypto asset that was recently designated as the governance token of its upcoming decentralized finance (DeFi) platform.

In a new petition on Change.org, the SHIB army is asking the world’s largest crypto exchange platform by volume to list Bone ShibaSwap (BONE), the network’s utility token.

“This petition is designed to kindly request of Binance to please list Bone Token to trade…

BONE is a governance token of Shibaswap ecosystem which will allow the Shib Army to vote on upcoming proposals. The more BONE the user holds, the more [the] weight of their vote carries in these future endeavors.”

Thus far, the petition has seen 1,172 signatures at time of writing with the short-term goal of getting to 1,500.

Though Binance has not yet responded to the request, the crypto exchange staked 4 trillion SHIB tokens last month worth about $35 million at the time after the Shiba Inu developers announced that BONE would be the token of Shibarium, its soon-to-launch layer-2 project.

The previous announcement sparked a BONE rally, causing BONE to rise 40% in as little as a week. BONE is trading for $1.46 at time of writing, a 3.2% drop during the last 24 hours while SHIB is moving for $0.000012, a 2.6% decrease in the same time frame.

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