The Australian crypto platform, GroveX, started offering trading services for three meme coins earlier this week.
Lately, some of the most talked-about meme coins in the last few months, like SHIB, BONE, and LEASH, have been gaining popularity among various cryptocurrency exchanges.
One of these exchanges, GroveX, which is based in Australia, has also joined in and added these assets to its platform.
SHIB, BONE, and LEASH Arrive in Australia
The crypto exchange shared the news on Twitter, announcing that it now supports three popular meme coins on its platform: $SHIB, $BONE, and $LEASH. They expressed their pleasure in assisting the Shiba Army, a dedicated community of investors who are passionate about the success of SHIB.
$SHIB $BONE and $LEASH all now available on #GroveX
It's a pleasure #ShibaArmy#ListOnGroveX #GroveX #ShibaArmy #SHIB $BONE #cryptocurrencies #Xchange #Binance #BTC #BNB #ETH pic.twitter.com/QpbQAHvbk9
— GroveX (@GroveXchange) September 11, 2023
However, despite the recent listing on GroveX, the prices of SHIB, BONE, and LEASH haven’t seen significant gains. In the past week, the value of SHIB, often called the Dogecoin rival, has dropped by 6%. BONE has fallen by 18% in the last seven days, while LEASH’s value has declined by 13.5%.
Binance and Competing Exchanges Showed Interest
Apart from being listed on GroveX, some of these meme coins have caught the attention of many other cryptocurrency exchanges. Shiba Inu (SHIB) has already found its way onto numerous trading platforms. Additionally, companies like Huobi, OKX, and Crypto.com added support for BONE, which is the native token of the decentralized exchange ShibaSwap, earlier this year.
Binance, the world’s largest cryptocurrency exchange, made headlines by announcing the addition of 22 assets that can be used for loans and collateral last month. One of these assets was Shiba Inu, and this sparked discussions about the potential listing of BONE on Binance. However, as of now, Binance has not enabled trading for BONE.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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