Price Jumps: Meme Rises After Coin Listing News!

Bitcoin and altcoins are trading in last day’s price range following the dull price action. While most cryptocurrencies have continued to take losses over the past 24 hours, an unexpected meme coin has challenged the market. BONE managed to gain more than 25% during the day. So what is the reason for this rise?

Hong Kong-based exchange has listed Bone ShibaSwap (BONE), one of the tokens in the Shiba Inu ecosystem. reported. Bone ShibaSwap was listed along with four different altcoins. claims to be the world’s first social networking cryptocurrency exchange and supports over 500 cryptocurrencies and 800 trading pairs on its platform.

Meme coin has recently started making headlines and being listed on crypto exchanges with its successes. Bitget, a leading Singapore-based cryptocurrency derivatives exchange, announced that BONE was listed on Feb.

The crypto derivatives trading platform has announced a campaign period from February 2 to 12, allowing users who deposit to BONE to enjoy 5% cash back with BONE up to $2,000 in reward.

The meme coin community is not content with these listings. The Shiba Inu community is urging top crypto exchange Binance to list BONE with a petition created for this purpose.

BONE has an important role in Shibarium, the SHIB ecosystem in general, as it is the token that will help pay transaction fees in Shibarium, similar to gwei in Ethereum.

You can follow the current price action here.

source site-6