Well-known Shiba Inu community figure Del Crxpto confidently asserts that SHIB won’t be the sole ecosystem token trading on Binance. He expressed this sentiment recently on X, responding to calls for Binance to endorse other Shiba Inu tokens.
The Shiba Inu ecosystem team has introduced tokens like Doge Killer (LEASH) and BONE following SHIB, aiming to expand the ecosystem with new assets such as TREAT and the SHI stablecoin. Currently, SHIB is the only Shiba Inu-related token enjoying extensive support and listings on several leading centralized exchanges. Despite persistent community efforts, major exchanges like Binance and Coinbase have yet to list BONE.
Efforts To List LEASH And BONE On Binance
Two months ago, Shiba Inu lead developer Shytoshi Kusama spearheaded the campaign to get BONE listed on Binance. Kusama rallied the Shiba Inu Army to vote for BONE on the Binance Futures Next platform, where users can predict forthcoming listings with “Picks” purchased for 1 USDT each.
Related article: Shiba Inu’s Potential to Turn $10K, $50K, or $100K into $10M
Although some members initially faced challenges voting for BONE, requiring VPNs to participate, these efforts have not yet succeeded. The SHIB Army’s push follows the resolution of BONE’s contract issues, but Binance has not yet listed the token. Despite these setbacks, community members like Del Crxpto remain optimistic that BONE and other ecosystem tokens will eventually trade on Binance.
Related article: Shiba Inu Prioritizes Long-Term Growth Over Short-Term Gains
This persistent push stems from Binance’s status as a major hub with the largest base of traders. Tokens listed on Binance typically experience a substantial price surge shortly after, gaining exposure to a broader spectrum of investors and traders.
Factors Influencing Potential Listing
Last month, CoinPedia Markets projected that Binance might list BONE in 2024, highlighting four factors that could influence this decision. These factors include BONE’s dual role in governance and as Shibarium’s gas token, its utility in staking and liquidity, strong community support, and the renunciation of BONE’s contract. Notably, BONE already exhibits these characteristics. Centralized exchanges like OKX, Gate.io, Bitget, and CryptoCom have listed LEASH and BONE, underscoring their growing acceptance.
While the journey to getting LEASH and BONE listed on Binance continues, the Shiba Inu community remains hopeful and determined. With strong support and persistent efforts, they believe that these tokens will eventually gain the recognition they deserve on one of the largest crypto exchanges.
