BONE Token Surges as GateIO Introduces Margin Trading
In the midst of notable events within the Shiba Inu ecosystem, the BONE token is gaining significant attention today with a price rally of nearly 10%. This surge is largely attributed to the announcement by GateIO about the launch of margin trading for the token. BONE is a DeFi token in the ShibaSwap ecosystem that aims to incentivize users and attract them to the Shiba Inu ecosystem through rewards and governance opportunities. Shiba Inu’s price has also seen a 4.97% increase in the past 24 hours, currently trading at $0.00002721.
A Closer Look at GateIO’s BONE Margin Trading
GateIO recently announced on March 21 that BONE margin trading is now available on their platform. This expansion of offerings allows users to take advantage of BONE’s price rally. The BONE/USDT pair has been listed for margin trading with up to three times leverage, adding to the optimism surrounding Shiba Inu’s ecosystem tokens. The recent breakthroughs in the Shiba crypto community have contributed to this wave of market optimism.
Shiba Inu Community’s Magazine Release
Today, the Shiba Inu community revealed the latest edition of its magazine, showcasing the revolutionary developmental endeavors undertaken by Shiba Inu. These developments, along with other factors, have sparked investor enthusiasm globally and have had a positive impact on SHIB and BONE prices.
BONE Price Rally
The price of BONE has experienced a significant increase of 8.85% in the past 24 hours and is currently trading at $0.9333. This surge is accompanied by a 2.06% jump in trading volume and a 9% surge in market capitalization, making waves in the cryptocurrency landscape. It is worth noting that BONE’s price rally is part of the broader uptrend witnessed by Shiba Inu due to continuous token burning and recent developments.
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