The Shiba Inu (SHIB) community is well-known for pushing its agenda and demands through savvy marketing efforts. Although while not all campaigns are always successful, such as the petition with 95,677 votes asking PayPal to accept SHIB as payment, there are some fruitful cases.
Consequently, the SHIB Army was able to celebrate a huge achievement when Shiba Inu (SHIB) was listed on Robinhood because of a petition. It was signed by a staggering 559,559 supporters.
SHIB Army Wants Binance Crypto exchange To List BONE
In a new petition, the Shiba Inu (SHIB) community is calling on the world’s largest digital currency exchange Binance Crypto exchange to list the governance crypto token of the decentralized exchange ShibaSwap, BONE. The petition was made on Change.org and had only been able to collect 923 votes from supporters at press time.
ShibaSwap is the brainchild of Shiba Inu (SHIB) development team, established by its pseudonymous founder known as Ryoshi. BONE is a governance crypto token for ShibaSwap allows users to vote on important proposals for the protocol.
The voting takes place within the DOGGY DAO, the decentralized autonomous organization (DAO) of ShibaSwap. The more BONE the user owns, the more weight their voice has in these future endeavors.
BONE has 250,000,000 crypto tokens and will likewise be used to pay gas charges on Shibarium, Shiba Inu (SHIB) much-touted layer 2 solution. After its launch, presumably on Valentine’s Day, February 14, Shibarium will provide an extra utility for BONE.
As the petition likewise states, Shiba Inu (SHIB), BONE, and LEASH will lead “ the following evolution of Decentralized Finance platforms,” further stating: “ShibaSwap gives users the potential to DIG (provide liquidity), BURY (stake), and SWAP crypto tokens to win WOOF Returns through our sophisticated and innovative passive income reward system.”
With the petition, the Shiba Inu (SHIB) community is asking Binance Crypto exchange to be one of the 1st major exchanges to list the BONE token.
Current data shows that the largest volume of trading of BONE comes from the decentralized exchange Uniswap, followed by Bitget, the only notable centralized exchange that has already listed the crypto token. It is followed by BKEX, LBank, CoinEx, MEXC, and eventually ShibaSwap within the last 24 hours.
Shiba Inu (SHIB) Price Today
At the time of publication, the SHIB price stood at $0.00001231, once more rejected at the resistance zone betwixt $0.00001250 and $0.000013 in the one-day chart. Within the previous day, SHIB has thus increased by 3%. According to the broader market sentiment, the price shows an uptrend of 7 percent within the last 7 days.
The SHIB price remains over the 200-day EMA, which could serve as the following support in case of a clear rejection at the resistance zone. If a breakout to the upside is successful, the October 29 high at $0.00001519 would be a possibility.
Shiba Inu (SHIB) price rejected at resistance | Source: SHIBUSD on TradingView.comFeatured image from Traxer / Unsplash, Chart from TradingView.com