In a strategic move to harness the power of community-driven trends, binance, the world’s leading cryptocurrency exchange, has introduced an innovative feature that allows users to influence the selection of tokens to be listed on its futures market. This innovative approach has sparked a wave of excitement among cryptocurrency enthusiasts, particularly those supporting the Shiba Inu ecosystem.
In a strategic move to harness the power of community-driven trends, binance, the world’s leading cryptocurrency exchange, has introduced an innovative feature that allows users to influence the selection of tokens to be listed on its futures market. This innovative approach has sparked a wave of excitement among cryptocurrency enthusiasts, particularly those supporting the Shiba Inu ecosystem.
After a period characterized by meme-driven fervor, the exchange capitalized on this momentum by launching a prediction feature. Here’s how it works: Users buy “picks”, each equivalent to one USDT, and vote for the crypto assets they think should be added to the futures.
In a notable turn of events, just a day after its introduction, the Shiba Inu token, BONE, rose to the forefront of the voting. An integral component of the Shiba Inu ecosystem, BONE transcends its meme origins and serves as a vital element within the network’s Layer 2 solution, Shibarium. Within Shibarium, BONE serves multiple functions, acting as a fee for transactions and allowing validators to participate and interact with the network.
Despite its recent introduction into the electoral race, BONE has quickly risen through the ranks, currently occupying fourth position with an impressive 19,389 picks. However, it is behind contenders such as Baby Doge Coin, Bittensor (TAO), and Delysium (AGI).
The price of BONES skyrockets
SHIB enthusiasts’ fervent calls for Binance to list BONE have finally been met with a tangible opportunity. This development has catalyzed a surge in the price of BONE, witnessing an impressive 20% rise, with the token now valued at $1.2.
As the crypto community anxiously awaits the outcome of the vote, all eyes remain on whether BONE will secure its coveted spot on the Binance futures exchange, marking a major milestone for the Shiba Inu ecosystem and its dedicated followers.
