BONE Margins Debut on Gate.io Propels SHIB Army into Trading Frenzy

Gate.io, a top 12 cryptocurrency exchange, has recently added Bone ShibaSwap (BONE) as a borrowable asset for margin trading. This move has provided a 10% boost to BONE's price, reaching a daily high of $0.966 on March 21, 2024. Despite the amplified requests from the Shiba Inu community, only Gate.io has responded by listing BONE, with no top 5 exchanges following suit.

BONE Bites the Margin Dust at Gate.io

Get ready to chow down on some $BONE, folks! Gate.io, the 12th largest crypto exchange, has added BONE to its Margin trading menu, and the SHIB Army is barking with delight. With leverage of up to three times, traders can crank up their gains, but remember to trade wisely!

BONE's Price Gets a Bone-afide Boost

The news of BONE's Margin debut sent its price soaring, hitting a high of $0.966 on March 21st. However, the market gods had a different bone to pick, and the price later retreated to hover around $0.90. But hey, that previous resistance level is now like a cozy support blanket for BONE.

SHIB Army on a Listing Spree

The SHIB Army, like a pack of relentless wolves, has been howling at the gates of major exchanges, begging them to list BONE. Binance and KuCoin, top five exchanges, have remained silent for now.

Shibarium's Secret Sauce

BONE's ascent to Margin trading glory is a testament to Shiba Inu's ambitious roadmap. Shibarium, their Layer 2 solution, needs BONE as its gas fee token. And since the community voted to cap BONE's supply, the demand for Margin trading has skyrocketed.

OKX: The BONE Trading Hub

OKX, the world's third-largest exchange, is currently the primary trading ground for BONE, accounting for almost 20% of all transactions. But the rest of the top five exchanges are still holding out, ignoring the SHIB Army's collective bark.

Margin Trading: A Knife-Edge

Margin trading can amplify your profits, but remember, it's a double-edged sword. Unlike Spot trades, Margin trading doesn't give you token ownership. So, tread carefully, my friend!

BONE: A Cornerstone in the Shibarium Kingdom

Shiba Inu is building a self-sustaining ecosystem with Shibarium, and BONE is its gas and governance token. This integration is a game-changer, and Gate.io's embrace of Margin trading for BONE is a sign that the future is bright for the Shiba Inu pack.