Shiba Inu Ecosystem Token $BONE Listed on Major Justin Sun-Backed Crypto Exchange

Bone ShibaSwap ($BONE), one of the three main tokens within the Shiba Inu ($SHIB) ecosystem, has been listed on a major cryptocurrency exchange backed by the founder of Tron ($TRX) Justin Sun.

Timeline of Bone-shibaswap, Shiba-inu

Massive amount of SHIB burn by a whale is raising speculation in the Shiba Inu community. The whale sent over billions of SHIB tokens to Shiba Inu's dead wallet address on Thursday.

Binance CEO Changpeng Zhao, popularly known as "CZ," took to Twitter on Thursday to share that after a mere four hours of sleep, he awoke to some troubling events affecting the cryptocurrency world.

Shiba Inu is breaking down, the prices have dropped by more than 12% since the previous trading day and pierced through the crucial support at $0.00001, validating the commencement of a fine bearish wave. However, in a longer perspective, the price is believed to rise above the yearly highs and head towards $0.00002 very soon.

The price of Shiba Inu has fallen by 9% in the past 24 hours, brought down by the news of Silvergate Bank's liquidation, as well as a more hawkish stance from the Federal Reserve concerning further rate hikes.

New data reveals that bankrupt crypto lender Voyager Digital just moved hundreds of billions of meme token Shiba Inu (SHIB) from Coinbase. According to the blockchain-tracking platform Lookonchain, Voyager's most recent sell off includes the liquidation of 400 billion SHIB worth about $4.4 million.

Shiba Inu (CRYPTO: SHIB) is trading lower by roughly 5.02% to $0.00001050 during Thursday's session. The broader cryptocurrency market is experiencing marked weakness as Silvergate Capital Corp's planned liquidation has weighed on banks with crypto exposure.

A blockchain-tracking platform says that one trader has netted more than 1,300% profit on a Shiba Inu (SHIB) imitator. According to Lookonchain, when Ethereum (ETH) founder Vitalik Buterin sold Shikoku (SHIK) this week, the transaction triggered an arbitrage opportunity.

Investors are scrambling to withdraw their funds from the crypto market to avoid potential risks, leading to intense selling pressure. Unfortunately, the altcoin market has suffered a significant blow due to Silvergate bank's operational pause, which has left it range-bound.

Poloniex took to Twitter to announce the addition of Bone ShibaSwap (BONE), listing the timeline for the same. BONE token deposits will open on March 9, 2023 at 10:00 (UTC); and BONE/USDT trading will commence on March 9, 2023 at 11:00 (UTC).

Shiba Inu (CRYPTO: SHIB) ecosystem token Bone Shibaswap (CRYPTO: BONE) is up 7% in the last seven days, topping CoinMarketCap's weekly gainer list. What Happened: BONE surged after SHIB developers said on Wednesday that the much-awaited Shibarium blockchain is set to release its beta version for the layer 2 network this week.