Shiba Inu Team Renounces BONE Contract, Boosting Price and Trading Volume

In recent news, a team led by Kaal Dhairya has officially renounced the Bone ShibaSwap (BONE) contract. This decision came after the minting of the remaining 20 million tokens from a total supply of 230 million BONE, designated for Shibarium validators via TopDog.

This announcement has sparked speculation among community members regarding the possibility of BONE being listed on Binance. The resulting rumors have driven the price of BONE up to $0.906, marking a notable increase, while trading volume has surged by 55.53% to reach $8.11 million.

Binance, a prominent global cryptocurrency exchange, has begun tracking the price of BONE, which serves as a gas token on Shibarium. This development has intensified speculation regarding a potential listing by Binance after the Shiba Inu team’s renunciation.

However, it is crucial to emphasize that, despite the positive effects of these speculations on BONE’s price and trading volume, there has been no official confirmation from Binance about a possible listing. Investors are encouraged to exercise caution and base their decisions on verified information.

This article was generated with AI assistance and reviewed by an editor.