With Bone ShibaSwap (BONE) now featured on Binance’s DeFi section, Shibarium’s core team member Lucie is optimistic an actual listing is on the horizon.
Lucie shared the optimistic projection on X after revealing a chart of BONE on the Binance Web3 wallet section. The inclusion of BONE by Binance DeFi underscores the recognition of the digital currency and the Shibarium network it powers.
#SHIBARMY, $BONE is exclusively available in the DEFI section of the @binance app. Fingers crossed for upcoming #Shibarium integration and the listing of $BONE! 🤞🏻@_RichardTeng ? 👀 pic.twitter.com/UR7aEk02JJ
— 𝐋𝐔𝐂𝐈𝐄 | ✨Shib.io✨ (@LucieSHIB) November 25, 2023
Binance DeFi First, then CeFi Listing for BONE?
Binance listing a cryptocurrency is pivotal, as it serves as a vote of confidence for the asset in question. As the biggest exchange by trading volume, millions of people around the world have access to Binance, and supporting BONE will open up the token for embrace across multiple jurisdictions.
Despite the risk associated with its potential listing, Lucie said fingers remain crossed for a potential Shibarium integration and the listing of BONE. In the X post, Lucie tagged Richard Teng, the exchange’s new CEO.
The announcement has a number of undertones, with exciting prospects. One of these undertones is that the Shibarium team might have entered into active negotiation with Binance on what to do to get BONE listed on the trading platform.
Already, Binance is one of the biggest marketplaces for Shiba Inu (SHIB). Binance Exchange currently maintains three active trading pairs for the token including the SHIB/USDT, SHIB/BUSD, and SHIB/DOGE respectively.
The second possible reason for LucieSHIB sharing the suggestive post is to get the community voice to amplify the demand, and create a buzz that might eventually trigger Binance to meet the request of the community. This second scenario is working out fine, as more community members have started lending their voices to the call for BONE listing on Binance.
A Shibarium Binance Alliance
As a Ethereum layer-2 scaling solution, one can expect more projects with their respective tokens to go live on Shibarium in the near future. When these projects and their assets emerge, there’s need for a conduit for mainstream adoption, resounding the prospects of a Binance integration for Shibarium.
While awaiting the support for Shibarium, top Decentralized Exchanges built on the protocols, particularly Marswap are stepping up their support for tokens that call the L2 home.
