Shiba Inu’s BONE to Go Live on This Digital Asset Derivatives Trading Platform: Details

SHIB

BTCEX offers spot (leveraged spot included) and derivatives trading services

Digital Asset Derivatives Trading Platform BTCEX says it is listing BONE (Bone ShibaSwap), with deposits and trades for the BONE/USDT pair to be activated on June 8 at 7:00 and 9:00 UTC.

Headquartered in Ontario Canada, BTCEX offers spot (leveraged spot included) and derivative trading services and claims to be the world’s first derivatives exchange to offer USDT-settled options under a combined margin.

BONE is the governance token of the ShibaSwap ecosystem that allows the Shiba Inu community to vote on upcoming proposals and has 250,000,000 tokens. The Shiba Inu ecosystem consists of the following three tokens: Shiba Inu (SHIB), Doge Killer (LEASH), and Bone ShibaSwap (BONE).

Earlier in the week, Bitstamp, Europe’s largest exchange, announced its listing of the Shiba Inu cryptocurrency. Users would now be able to trade the meme cryptocurrency against the U.S. dollar and the euro as the trading platform enables transfers.

Shiba Inu’s Price Action

Shiba Inu price tested support at $0.0000102 on June 7 before bouncing back slightly. At press time, SHIB was trading slightly at $0.0000106. The cryptocurrency meme remains in a sideways trend, as seen on its daily chart, trading between $0.0000102 and $0.0000143.

According to WhaleStats, Shiba Inu whales remain in accumulation as the top 1,000 ETH whales are currently hodling $639,396,013 worth of SHIB. Also, Shiba Inu has gained more holders since the start of June.

The total number of SHIB holders currently stands at 1,176,806, according to data from WhaleStats. As previously reported, at the end of April, the tally stood at 1,139,916. The steady increase continues to be a positive sign. Although an increase in the number of holders may not have an immediate impact on the price, it can indicate long-term interest in an asset.

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