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Can BONE Hit $2 This March 2024?

Simon Osuji by Simon Osuji
March 12, 2024
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Can BONE Hit $2 This March 2024?
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The cryptocurrency market is abuzz with excitement as Bone ShibaSwap (BONE), the gas token of the L2 blockchain Shibarium, gains attention with its recent surge in value. Trading at $1.19, the asset has seen a remarkable 17% daily increase, contributing to an impressive 73% surge over the past week. This surge has sparked speculation among enthusiasts and investors about BONE’s potential to reach the coveted $2 mark by the end of March.

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Aiming for the $2 Milestone

While BONE has made attempts to breach the $2 threshold previously, many believe that the current bull run could provide the momentum needed to propel the asset toward this target. Projections from CoinCodex suggest that BONE may indeed hit the $2 mark later in March, buoyed by prevailing market dynamics and investor sentiment.

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Community Drive for Binance Listing

Despite its growing popularity, BONE has yet to secure a listing on Binance, a major global cryptocurrency exchange. However, the Shiba Inu community, known as the “SHIB Army,” has united to advocate for BONE’s listing on the platform. Leading this advocacy is Shiba Inu content specialist Lucie, who has urged community members to vote for BONE’s listing via the Binance Futures Next platform. Lucie’s call emphasizes unity within the SHIB Army and encourages active participation to support BONE’s potential listing.

Also Read: Did Elon Musk Buy Any Shiba Inu Tokens During the Bull Run?

The Path to Listing

Currently, BONE holds a prominent position among the nominated tokens on the Binance Futures Next platform, garnering substantial support from community members. SHIB Army members are urged to contribute their votes to enhance BONE’s chances of listing on Binance. However, Binance emphasizes that while community support is influential, it does not guarantee a token’s listing. The exchange maintains a rigorous evaluation process to ensure transparency and fairness.

Listing Success and Market Presence

Despite ongoing efforts for a Binance listing, BONE has secured listings on other prominent cryptocurrency exchanges, including OKX, HTX, Gate.io, MEXC, Bitget, and Crypto.Com Exchange. These listings underscore BONE’s growing presence in the crypto market and its appeal to investors seeking exposure to the Shiba Inu ecosystem.

In conclusion, the possibility of BONE reaching $2 by the end of March 2024 remains a subject of speculation within the cryptocurrency community. With active community support and continued market momentum, BONE’s journey toward this milestone reflects the dynamic nature of the crypto landscape and the collective efforts of enthusiasts to foster innovation and adoption in the ecosystem.

Also Read: Shiba Inu Forecasted To Hit 6 Cents: Here’s When

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