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Shiba Inu Community Clamors for Robinhood to List Shibarium Gas Token BONE

source-logo  thecryptobasic.com 11 November 2023 10:48, UTC

Shiba Inu community members embark on a marketing initiative urging Robinhood to list Bone ShibaSwap (BONE), the governance token of Shibarium.

Shiba Inu’s marketing lead, Lucie, initiated the move to have BONE listed on Robinhood. In a recent X post, Lucie drew Robinhood’s attention to BONE, highlighting the token’s utility within the Shiba Inu ecosystem.

The marketing specialist informed Robinhood that BONE is the token that powers Shibarium, Shiba Inu’s Layer-2 scaling solution.

“Kindly consider listing $BONE. Thank you!” Lucie said in a statement.

In a follow-up tweet, another Shiba Inu community member, Jack B, also emphasized that the team has renounced the BONE contract, with numerous investors willing to buy and sell the token on Robinhood once it is listed.

And #BONE's contract is renounced, has a growing number of investors ready, willing and able to buy and the cheapest gas fees in #crypto. Winner, winner, chicken dinner.

— JackB🛡️ (@Crypto_Codger) November 9, 2023

Shiba Inu Community Could Intensify Demand

At press time, Robinhood has yet to comment on whether it will onboard BONE on its platform. However, Robinhood could consider listing BONE due to a similar development that occurred in the past.

In 2021, Shiba Inu community members petitioned Robinhood to list SHIB on its trading platform. Interestingly, the online petition, which saw over 3,000 signatures, attracted Robinhood’s attention. The trading platform bowed to pressure and listed SHIB last year.

If Robinhood continues to ignore calls to list BONE, the community could file another online petition to mount pressure on the firm.

BONE Surges 3% In 24 Hours

Meanwhile, BONE’s popularity surged tremendously following the launch of Shibarium. With BONE selected as the official gas token in Shibarium, users are required to pay transaction fees using the asset.

At the time of writing, BONE was changing hands at $0.72, up 3% over the past 24 hours, according to CoinMarketCap (CMC) data.

Since BONE was introduced in 2021, the token has been listed on multiple cryptocurrency exchanges, including OKX, Crypto.com, MEXC Global, Gate.io, Bitget, CoinDCX, LBank, and BingX.

The token currently has a 24-hour trading volume of $16.62 million and a market capitalization of $163.05 million.