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HomeCrypto NewsShiba InuBONE’s Pumping: Can It Reclaim $1 by the End of 2022?

BONE’s Pumping: Can It Reclaim $1 by the End of 2022?

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The onset of the bear market did have an impact on the majority of the industry. This, however, did not prevent adoption. The falling prices of crypto assets did not prevent them from being accepted by major platforms. BONE, a token part of the Shiba Inu ecosystem, was seen making significant gains.

The asset has reportedly increased by a whopping 20% in the last few weeks. Most assets posted minor gains earlier today, 1st December, but BONE gained nearly 6%. It should be noted that the asset has risen from a low of $0.6494 to a high of $0.7861.

The chart below emphasizes the asset’s spike even further.

bone

The asset was trading for $0.7653 at the time of writing, up 3.56 percent on the day. The asset is still trading at 98.17 percent of its all-time high of $41.67. Given its current levels, the community expects it to surpass $1.

If the current trend continues, the chances of BONE reaching $1 have increased.

Read Also: Shiba Inu Army Burns 666 Million SHIB Tokens In November

Bone Receives Two Listings in a Single Day

The Shiba Inu community was ecstatic today following announcements about the listing of its prominent token, BONE. Uphold, a New York-based crypto platform, announced the addition of the Shiba Inu ecosystem’s BONE to its platform.

Shib’s BONE was reportedly one of seven tokens listed by Uphold earlier today.

Related News: Uphold, A New York-Based Platform Lists Shiba Inu’s BONE

Shibburn, Shiba Inu’s burn tracking portal, even urged Coinbase to follow suit and list the asset.

SunCrypto, a well-known Indian cryptocurrency platform, also listed the asset. The exchange announced that it had begun trading for BONE and encouraged users to deposit funds into their wallets to complete the transaction.

These factors contributed to the price of the crypto asset even further.

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