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Crypto expert and Shiba Inu enthusiast Del Crxpto believes Bone ShibaSwap (BONE) will hit a new all-time high when it eventually starts trading on Binance.
The widespread speculation that leading exchange Binance will add support for Shibarium gas token Bone ShibaSwap (BONE) has gained momentum again. This time, renowned crypto expert Del Crxpto has reawakened the bandwagon.
According to a tweet by the analyst, a Binance listing is a matter of when and not if. He stated that the event is what the Shiba Army and the crypto community should be prepared for.
The Shiba Inu community has pushed for top exchanges, especially Binance, to list BONE in the past. The Crypto Basic reported that the community, backed by lead developer Shytoshi Kusama, voted that Binance list the exchange for futures trading.
However, the community call went unanswered, as Binance has failed to list the token since then. Notably, there are still growing calls, like that of Del Crxpto, for this move.
BONE Will Hit New ATH: Analyst
Meanwhile, Del Crxpto argued that BONE would hit a new all-time high when Binance finally lists the it. From his predictions, BONE would trade above $15.5, an ATH attained on July 7, 2021.
For the analyst’s predictions to materialize, BONE would have to surge 3,500% from its current market price. This would also mean that BONE’s market cap would hit $3.5 billion.
Notably, BONE is down 97% from its all-time high. The token has continued to underperform in the market despite its relevance to the Shiba Inu ecosystem.
One likely reason for this occurrence is a lack of proper promotion for BONE. As earlier reported, a community member contended that BONE would have reached $5.6 had the Shiba Inu lead developer given the token the support it needed.
Growing Speculations On More Tier 1 Exchange Listings
Del Crxpto’s speculations about a Binance listing came a few months after analytical firm Coinpedia predicted that BONE would trade on the US top crypto exchange, Coinbase. The firm mentioned the asset among the top ten assets that Coinbase would likely list in 2024.
Coinpedia stated that BONE met a few criteria that should attract Coinbase, which included its utility, increased adoption of the L2 network Shibarium, and strong community support for the token. Shiba Inu enthusiasts have continued to charge Coinbase and Binance on social media and Change.org to list BONE.
Notably, BONE is listed on OKX, Gate.io, Crypto.com, and Bitget, among other top exchanges.
BONE traded at $0.4416 at press time, up 1.4% in the past 24 hours. The asset has surged over 18% in the past seven days amidst a wider market recovery.