In a continued streak of successes, Shiba Inu’s BONE token has achieved a significant milestone with its listing on GroveX, a prominent digital currency exchange. GroveX, based in Australia, announced through a post that it would support the trading pairs BONE/USDT and BONE/BUSD on its platform. The listing is scheduled to go live on September 8 at 7:00 p.m. AEST, with the deposit window already activated. Withdrawals will be available simultaneously with the token’s launch.
GroveX is not just a cryptocurrency exchange; it offers a wide array of services catering to the diverse needs of its user base. These services encompass spot trading, futures trading, and margin trading across a vast selection of digital currencies. According to its official website, GroveX currently extends support to more than 200 cryptocurrencies.
BONE, which serves as Shibarium’s governance token, garnered attention when Shiba Inu’s project lead, Shytoshi Kusama, introduced Wrapped BONE as Shibarium surpassed an impressive milestone of 1 million transactions. With the layer-2 scaling protocol advancing, the project development team aims to enhance engagement with the Shibarium network using this modified version of BONE.
Wrapped tokens play a crucial role in facilitating the integration of non-native crypto assets with various networks and decentralized applications [dApps]. WBONE achieves this by seamlessly aligning with the Shibarium network’s smart contracts and decentralized platforms established on the mainnet.
Recently, ICRYPEX, a crypto asset platform in Turkey, unveiled its listing of BONE in a noteworthy announcement. BONE was featured alongside nine other cryptocurrencies in what ICRYPEX terms “big listings.”
Shiba Inu’s L-2 Success Story: A New Feat Unlocked
Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has achieved a remarkable milestone by surpassing 1 million wallets. As reported by TronWeekly, this rapid growth transpired just two weeks following the network’s initial launch on August 28. While this achievement reflects a surge in interest and adoption, it also brings certain challenges to the forefront.
As of September 3, the Shibarium blockchain has witnessed nearly 100,000 transactions, with a peak of 132,000 transactions recorded on August 25. This robust network activity underscores the substantial user base actively participating on the platform.