One of the Shiba Inu Ecosystem’s tokens, ShibaSwap (BONE), has officially been listed on the Singapore-based Exchange, BitKan.
This low-cap gem has attracted more interest from many cryptocurrency exchanges, especially as talks about the Shiba Inu dedicated layer-2 blockchain; Shibarium continues to gain more momentum.
As a result, the BitKan exchange announced that they had added support for the SHIB ecosystem’s governance token BONE.
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The news of the listing comes after Shibarium talks ramped up. Recently, one of the screenshots has gone viral on Twitter, in which one of the community members has asked a lead developer of SHIB, Shytoshi Kusama: “Wen Shibarium.”
Talks about Shibarium have given a significant boost to BONE, as it has been reported to be the native token of Shiba Inu’s upcoming blockchain named “Shibarium.”
In addition, BONE is the governance token of ShibaSwap, with which the Shiba Inu Community votes on upcoming proposals. The magnitude of any individual’s vote will depend on the amount of BONE the user holds. Therefore, the more the BONE, the more the magnitude of the vote will be.
BitKan, the Singapore-based cryptocurrency exchange, was founded in 2012 and also has operations in Japan. BitKan users can trade over 1000+ coins with the ‘1 BitKan’ APP, because the exchange generates aggregated liquidity across eight leading exchanges like Binance, FTX, and Huobi.
BitKan is also backed by strong shareholders, amassing $2.4 million in Series A and $10 million in series B funding from highly esteemed investors Bitmain, the leader in cryptocurrency mining, and IDG Capital, the first VC of Coinbase.