Australian crypto exchange GroveX is now three on page X Shibarium announced that its token (the trio of SHIB, BONE and LEASH) is available for trading on its platform. BONE and LEASH were added by the exchange last week to trade against USDT and BUSD stablecoins.
In the comment thread, SHIB The community responded enthusiastically, delighted by the positive news from GroveX. Alongside the shibarium trio, the platform recently added support for the PEPE meme coin. added.
$SHIB $BONE oath $LEASH all now available on #GroveX
It’s a pleasure #ShibaArmy#ListOnGroveX #GroveX #ShibaArmy #SHIB $BONE #cryptocurrencies #Xchange #Binance #BTC #BNB #ETH pic.twitter.com/QpbQAHvbk9
NEWS CONTINUES BELOW— GroveX (@GroveXchange) September 11, 2023
However, this meme coinThe price performance put forth by the ‘s is not on the rise at the moment. BONE is down more than 13%, while SHIB is trading down 5% from Sunday. As for Doge Killer (LEASH), he’s also down 3.64% in the last 24 hours.
Over the weekend to date, the Shiba Inu has lost more than 8% of its value, falling to $0.00000706 at the time of writing. Moreover, today’s price drop alone amounted to 5.08%. BONE functions as a gas token on Shibarium and helps burn SHIB. LEASH, on the other hand, allows users to earn rewards for staking on the ShibaSwap dex, Shibarium’s official decentralized exchange.
Again Koinfinans.com As we reported, despite SHIB’s current price decline, its NVT (Network Value to Transactions), an important metric that helps predict the health of a cryptocurrency, is on the rise. When NVT rises, it indicates that the value of the network increases relative to transaction volume. Also, the density of whales for SHIB is currently equal to 77% and they are likely ready for long-term retention.