Shiba Inu’s BONE Token Lands on Indian Cryptocurrency Exchange

Shiba Inu's BONE Token Lands on Indian Cryptocurrency Exchange
Source: Gfinity Esports

Shiba Inu has gained significant popularity in recent years, leading to the emergence of a strong community known as the SHIB army. This rise in popularity can be attributed to various developments that have propelled it to become one of the top meme coins.

Throughout its journey, Shiba Inu has established numerous partnerships, collaborations, and listings. Its ecosystem tokens have expanded their reach from local exchanges to global ones. In the latest announcement, Giottus, an Indian cryptocurrency exchange, revealed that BONE will be launched on its platform tomorrow.

The Chennai-based exchange recently made an announcement stating, “We heard you.” The decision to list BONE on their platform appears to be a direct response to a poll conducted by Giottus. In the poll, the exchange asked their community if they still desired the addition of BONE, and an overwhelming 89.2% of the participants voted in favor of it.

Shiba Inu and BONE price remains unchanged

Despite the listing announcement, Shiba Inu and its ecosystem token have not experienced a positive impact on their prices. CoinMarketCap data reveals that the coin is currently trading at $0.8973, reflecting a decrease in value of 2.19% over the past 24 hours. Shiba Inu, being the second-largest meme coin, has also faced a decline of 10.5% in the past seven days.

Do check out: Bitcoin Transaction Fees Surge Past $30; What’s Behind it?

BONE is trading at $0.8018, with a 0.8% spike in value over the last 24 hours. The initial frenzy surrounding meme coins, which saw significant trading volumes in the billions, appears to have diminished.

 

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