Coinpedia Markets, a popular crypto analytic platform, has made a bold prediction regarding Bone ShibaSwap’s (BONE) potential listing on Coinbase. According to the platform, it is highly likely that BONE will be listed on the San Francisco-based exchange sometime this year. Coinpedia Markets recently tweeted a list of 10 tokens, including BONE, that are expected to go live on Coinbase in 2024. The other tokens on the list are Kaspa (KAS), Baby DogeCoin (BABYDOGE), Toncoin (TON), Catcoin (CAT), Bitgert (BRISE), CoqInu (COQ), Neo (NEO), Realio Network (RIO), and Dogwifhat (WIF).
In a follow-up blog post, Coinpedia Markets outlined several factors that could drive BONE’s listing on Coinbase. Firstly, BONE serves as Shibarium’s utility token and plays a crucial role in governance and staking within the Shiba Inu ecosystem. Additionally, the integration of BONE with the popular domain startup D3 Global is seen as another influential factor that could push Coinbase to list the token.
Furthermore, the growing adoption of Shiba Inu’s L2 blockchain, Shibarium, is expected to motivate Coinbase to list BONE. As of April 16, Shibarium had over 25,800 active accounts and a significant increase in daily transactions. Coinpedia Markets believes that as more users utilize Shibarium for transactions, the demand for BONE will spike, making it a strong contender for listing on Coinbase.
The platform also highlighted the growing demand within the Shiba Inu community for BONE’s listing on Coinbase. The community has made efforts to draw Coinbase’s attention to BONE through social media campaigns and petitions on Change.org. While Coinbase has ignored these calls thus far, Coinpedia Markets believes that the persistent demands from the community could eventually lead to BONE’s listing on the platform.
Coinpedia Markets previously speculated that BONE could be listed on Binance this year. Both Coinbase and Binance are among the top 5 crypto exchanges, and a potential listing on either platform could significantly impact BONE’s market value.
As of now, BONE is trading at $0.5883, experiencing a 2% decrease in the past 24 hours. The token has also seen a decline of 17.2% in the weekly charts and a 19.2% dip in the past two weeks.
It is important to note that this content is for informational purposes only and should not be considered financial advice. The views expressed in this article are the author’s opinions and do not reflect the opinion of The Crypto Basic. Readers are advised to conduct thorough research before making any investment decisions, and The Crypto Basic is not responsible for any financial losses incurred.
