Shiba Inu’s BONE Now Available on CoinRabbit Platform

CoinRabbit integrates BONE token following a successful community-led campaign, marking a new phase for Shiba Inu's ecosystem.
By Maxwell Mutuma
December 8, 2023
Shiba Inu (SHIB) Bags Nexo Listing, Will SHIB Price Rally

In a significant development for cryptocurrency enthusiasts, CoinRabbit, a well-known crypto lending platform, has announced the inclusion of the Shiba Inu Governance token, BONE, into its offerings. This integration follows a successful social media campaign initiated by CoinRabbit that saw remarkable participation from the Shiba Inu Community.

Shiba Inu Lead Developer Reacts As BONE Gets New Listing

The community-driven initiative to list BONE on CoinRabbit was met with an enthusiastic response. A post related to this campaign quickly amassed over 2,000 likes and hundreds of retweets, far surpassing the initial goal of 1,000 likes to set by CoinRabbit. This significant display of support prompted the lending platform to fast-track the addition of BONE, enhancing its services for cryptocurrency users.

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Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, expressed his admiration for the community’s effort. In a tweet, Kusama acknowledged the swift action of the “ShibArmy,” a term fondly used for the Shiba Inu Community, in achieving this milestone. His remarks underscore the strong relationship between the SHIB project and its dedicated community base.

Shibarium’s Impressive Growth and Performance

Simultaneously, Shibarium, the Layer 2 blockchain solution underpinning the Shiba Inu ecosystem, has been making waves with its robust performance. Recent data from Shibariumscan Explorer reveals that the network has processed nearly 59 million transactions, marking a significant achievement for the blockchain. The platform’s ability to handle over 7 million transactions daily while maintaining an average block time of just 5 seconds indicates its efficiency and scalability.

These developments highlight the growing interest in the SHIB ecosystem and its potential to foster new applications and services in the crypto world. Including BONE in CoinRabbit’s platform is a testament to the token’s increasing prominence in the cryptocurrency market.

Read Also: Shiba Inu Burn Rate Surges 800% As Whale Moves 4 Tln SHIB, Rally To Continue?

 

Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. I write extensively on topics such as blockchain, cryptocurrency, tokens, and more for many publications. My goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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