In a significant development, the Shibarium platform has seen its validators lock up 15,263 million BONE tokens. Some experts in the community predict that as the number of validators reaches 100, around 130 million BONE tokens will be locked up. This is expected to have a profound impact on the circulating supply of BONE, which could drop to as low as 100 million.
“Join us before it’s too late to make your dreams come true,” urged part of the community, highlighting the potential for exponential price growth due to the reduced supply.
BONE token is currently experiencing a strong recovery, with trading volumes witnessing a sharp increase. According to some reports, trading volumes have surged by 75% recently, accompanied by a 7.35% uptick in price action. The token has also garnered substantial attention, boasting almost 90,000 holders at present.
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Show more +The token’s performance has not gone unnoticed, as it has climbed the ranks to secure the 94th position on CoinMarketCap, a platform widely regarded for its comprehensive crypto market data.
Binance Listing Rumors Fueling Speculation
Adding to the excitement are increasing rumors about a potential Binance listing for the BONE token. While no official confirmation has been made, the mere speculation has been enough to stir the community and attract new investors. A Binance listing would undoubtedly provide the token with a broader platform and increased liquidity, potentially driving the price even higher.
With the Shibarium validators locking up a significant amount of BONE tokens and trading volumes on the rise, the token is poised for a potential surge. The community is abuzz with optimism, further fueled by rumors of a Binance listing. As the circulating supply of BONE is expected to decrease substantially, many believe now is the opportune time to invest. However, as with all investments, potential investors are advised to conduct their own research and exercise caution.
The coming days are likely to be crucial in determining the trajectory of BONE token, and all eyes are on how these developments will unfold.
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