Shiberium, The Fast-Emerging Altcoin From The Shiba Inu (SHIB) Ecosystem, Receives Major Crypto Exchange Listing Ahead Of Release – The Daily Hoddle
Shiba Inu (SHIB), a major altcoin in the ecosystem, is set to be listed on Gate.io, according to an update from the crypto exchange.
Gate.io, a top 20 exchange with more than $800 million in 24-hour trading volume, updated its trading page for ShibaSwap (BONE) on Thursday, when the altcoin will go live.
The bon will be used for gas fees and governance on Shiberium, the highly anticipated layer-2 project designed to make Shiba Inu more efficient, similar to Polygon (MATIC) on Ethereum (ETH). It is also the native token for ShibaSwap, a decentralized finance (DeFi) and decentralized exchange (DEX) for the Shiba Inu sector.
Gatio.io’s BONE listing comes just as ShibaSwap confirms the beta version of Shibarium will be released sometime next week.
Launch dates for both the beta and official versions of Shiberium have been the subject of debate, and the project’s pseudonymous lead developer, Shiotoshi Kusama, has said that he is not giving firm dates to avoid frustration with potential delays.
Earlier this month, BON was also listed on BitGate, another crypto exchange of similar size to Gate.io. The Shiba Inu community started a petition in early February to get Binance, the world’s largest crypto exchange, to list BON, but Binance has yet to respond.
At the time of writing, Bone is up 45% over the past 30 days, and down just under 10% over the past 24 hours. Dog Killer (LEASH), another altcoin within the Shiba Inu ecosystem, is also outperforming the crypto markets, currently up 150% since the start of the year.
LEASH is expected to be a non-fungible token (NFT) for the Shiba Inu community and power the Metaverse project. The exact usefulness of the leash will be determined closer to the release of Shibaverse.
At the time of writing, LEASH is trading at $711 with a market cap of $76 million.
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Featured Image: Shutterstock / Sergey Nivens / Karnoff
