Shiba Inu's governance token, Bone ShibaSwap (BONE), is making a splash in the crypto market. Deepcoin, a Singapore-based cryptocurrency exchange recently announced the addition of BONE/USDT trading pairs allowing users to buy, sell, and trade BONE without any trading fees. This marks the fifth exchange this week to enter the BONE trading market, following CetoEx, OKX, Huobi Global, and Flitpay.

The introduction of BONE/USDT trading pairs to Deepcoin makes the digital asset accessible to their 1 million registered users in nearly 30 countries and a cumulative trading volume of over $1 trillion. Deepcoin also supports dozens of fiat currency deposit methods globally, allowing users to purchase BTC, ETH and USDT Tether with fiat currency, and trade over 100 different tokens.

The activity around BONE does not stop there. Crypto.com is now the 10th largest holder of BONE, taking in about 2.16 million BONE tokens since March 2nd, 2023. This accumulation is worth over $2.6 Million. BONE popularity is further increased with a large number of holders now watching 83,378, signifying that more and more users are interested in the "DogeCoin Killer."

The introduction of BONE trading pairs to top exchanges offers users more convenience and flexibility. By enabling fiat currency deposits, Deepcoin allows users to easily buy, sell and trade digital assets without spending time on exchanging USDT to BONE or BTC to cUSDT. This is a significant benefit as BONE grows in popularity and its usage accelerates in the crypto space.

BONE's increased adoption is a result of its high liquidity and deep pool of supporters. Other factors such as its utility in ShibaSwap's decentralized finance (DeFi) use cases, and its ability to unlock ShibaSwap-based yield farming activities via cUSDT reinforce the value of the token.

The entrance of BONE into the crypto market can push the boundaries of financial freedom and innovation, as investors and traders take advantage of its fast trades and free transactions. As Deepcoin and other exchanges enable BONE support, it provides users with a more convenient way to acquire and trade cryptocurrencies in the future.



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