Crypto.com has recently launched a new trading competition that includes Shiba Inu's SHIB token. This competition is open to users of the Crypto.com Exchange, who need to make a spot trade of at least $100 for SHIB, GEL or SAND tokens to participate. The exchange is offering a prize pool of $1,000 to the top 20 traders. Furthermore, the recently launched BONE ShibaSwap competition offers the chance to win up to $1,000 from a $5,000 reward pool.

The Shiba Inu cryptocurrency (SHIB) has seen some promising growth since its launch. At the time of writing, it was down 5.14% over the past 24 hours making its current trading price $0.0000109. This is in contrast to BONE, which was also down 6.76% to $1.

Not only has the SHIB token seen some impressive numbers, but its associated movements have also been gaining publicity. One good example is the ShibWomen movement, which is geared towards empowering women in the blockchain industry. Crypto payment gateway NOWPayments has voiced its official support for this initiative. Additionally, SHIB tokens have seen impressive numbers with regards to transparency, with LucieSHIB's tweet emphasizing that ShibaSwap is not relying on Uniswap for its token swaps. Moreover, ShibBurn reported that a total of 250,000 SHIB were burned in a single transaction in just the last 24 hours. Finally, SHIB BPP ran new burn estimates that stated Shibarium could potentially burn 500 billion SHIB per year if the current trends and prices continue.

Overall, Shiba Inu's SHIB token appears to be going from strength to strength, with its associated projects, movements, competition rewards and burn rate all seeing positive growth numbers.



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