{"id":528081,"date":"2023-04-22T10:30:59","date_gmt":"2023-04-22T10:30:59","guid":{"rendered":"https:\/\/wncen.com\/?p=528081"},"modified":"2024-06-11T14:35:40","modified_gmt":"2024-06-11T14:35:40","slug":"bone-surges-as-okx-amasses-tokens-in-1-day","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bone-surges-as-okx-amasses-tokens-in-1-day\/","title":{"rendered":"BONE Surges 8.3% As OKX Amasses 1.9 Million BONE Tokens In Single Day"},"content":{"rendered":"<p><span style=\"font-weight: 400\">While the crypto market appears to be in decline, Bone Shibaswap (BONE), the Shibaswap ecosystem&#8217;s governance token, has been on the rise. As of this writing, the price of Bone Shibaswap has ballooned to an impressive 8.3% in the past 24 hours, according to CoinGecko data.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, a broader look at BONE\u2019s market performance indicates an underwhelming run in the past month. The meme token has experienced a 16.8% price drop in the last 30 days.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/okb\/okb-token-shines-with-23-gains-on-weekly-chart-whats-pushing-it\/\" target=\"_blank\" rel=\"noopener \">OKB Token Shines With 23% Gains On Weekly Chart, What\u2019s Pushing It?<\/a><\/div>\n<h2><span style=\"font-weight: 400\">OKX Becomes 12th Biggest BONE Holder<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Without a doubt, the price rise of Bone Shibaswap is reflective of recent market activity. On-chain data from <a href=\"https:\/\/etherscan.io\/token\/0x9813037ee2218799597d83d4a5b6f3b6778218d9?a=0x6cc5f688a315f3dc28a7781717a9a798a59fda7b\" target=\"_blank\" rel=\"noopener nofollow\">Etherscan.io<\/a> reveals that OKX, a prominent cryptocurrency exchange, has acquired a staggering 1,900,736.16586897 BONE tokens (equivalent to $1,788,547.11 ) in the past 24 hours.<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">This acquisition, executed via multiple transactions, pushed OKX to 12th place on the list of largest BONE holders. OKX is not the only exchange on this list, as Singapore-based firms Crypto.com and MEXC Global are also members of the exclusive club.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The buying spree kicked off after OKX launched a <a href=\"https:\/\/www.okx.com\/help-center\/okx-launches-voting-for-popular-meme-token-projects-aidoge-bone-bonk-opti\" target=\"_blank\" rel=\"noopener nofollow\">voting event<\/a> on Friday, April 21st, inviting users to vote for the meme project they would like to see listed on the exchange. The voting event features five of the most popular meme tokens, including AIDOGE, BONE, BONK, OPTI, and PEPE.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">OKX also declared its intention to list the three tokens with the highest number of votes. The voting event will end at exactly 06:00 am UTC on April 24th, 2023. Results are to be announced on the same day at 10:00 am UTC.<\/span><\/p>\n<p><span style=\"font-weight: 400\">If OKX does list BONE on its exchange, it will be the coin\u2019s biggest exchange listing ever. Of course, as has been exhibited in the past 24 hours, this would have an impact on the value of Bone Shibaswap. Other prominent exchanges to have listed the token include Crypto.com, Gate.io, Bitget, Bing, and BTCEX.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Time To Buy The Dip?<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Going by the coin\u2019s movement in the past, BONE surged to new heights when listed by a crypto exchange. However, it is worth noting that these price increases were short-lived, as is often the case in the market these days.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For example, after the cryptocurrency was listed on Crypto.com in early March, it rallied a 14.8% increase in a few days. By the end of March, the token price had plummeted by a disappointing 30.9%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to <a href=\"https:\/\/coincodex.com\/crypto\/bone-shibaswap\/price-prediction\/\" target=\"_blank\" rel=\"noopener nofollow\">CoinCodex price prediction<\/a>, the current sentiment for Bone Shibaswap is bearish, with the token expected to lose 6.99% of its current value in five days. Meanwhile, the coin is projected to lose an additional 40% over the next month. That said, this information should not be relied upon as investment advice.<\/span><\/p>\n<p><span style=\"font-weight: 400\">BONE is currently priced at $0.945, with a daily trading volume of $4,888,630.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/these-top-5-cryptos-are-thriving\/\">These Top 5 Cryptos Are Thriving Despite A Slippery Market<\/a><\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/FBZJNeYI\/\" alt=\"BONE\" width=\"1012\" height=\"601\"><\/p>\n<pre style=\"text-align: center\">BONE trading at $0.9404 | Source: BONE\/USD chart from <a href=\"https:\/\/www.tradingview.com\/x\/FBZJNeYI\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/pre>\n<div class=\"disclaimer-shortcode\"><em>Featured image from CoinGecko, chart from TradingView<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"<p>While the crypto market appears to be in decline, Bone Shibaswap (BONE), the Shibaswap ecosystem&#8217;s governance token, has been on the rise. As of this writing, the price of Bone Shibaswap has ballooned to an impressive 8.3% in the past 24 hours, according to CoinGecko data. However, a broader look at BONE\u2019s market performance indicates an underwhelming run in the past month. The meme token has experienced a 16.8% price drop in the last 30 days. Related Reading: OKB Token Shines With 23% Gains On Weekly Chart, What\u2019s Pushing It? OKX Becomes 12th Biggest BONE Holder Without a doubt, the price rise of Bone Shibaswap is reflective of recent market activity. On-chain data from Etherscan.io reveals that OKX, a prominent cryptocurrency exchange, has acquired a staggering 1,900,736.16586897 BONE tokens (equivalent to $1,788,547.11 ) in the past 24 hours. This acquisition, executed via multiple transactions, pushed OKX to 12th place on the list of largest BONE holders. OKX is not the only exchange on this list, as Singapore-based firms Crypto.com and MEXC Global are also members of the exclusive club. The buying spree kicked off after OKX launched a voting event on Friday, April 21st, inviting users to vote for the meme project they would like to see listed on the exchange. The voting event features five of the most popular meme tokens, including AIDOGE, BONE, BONK, OPTI, and PEPE.\u00a0 OKX also declared its intention to list the three tokens with the highest number of votes. The voting event will end at exactly 06:00 am UTC on April 24th, 2023. Results are to be announced on the same day at 10:00 am UTC. If OKX does list BONE on its exchange, it will be the coin\u2019s biggest exchange listing ever. Of course, as has been exhibited in the past 24 hours, this would have an impact on the value of Bone Shibaswap. Other prominent exchanges to have listed the token include Crypto.com, Gate.io, Bitget, Bing, and BTCEX. Time To Buy The Dip? Going by the coin\u2019s movement in the past, BONE surged to new heights when listed by a crypto exchange. However, it is worth noting that these price increases were short-lived, as is often the case in the market these days. For example, after the cryptocurrency was listed on Crypto.com in early March, it rallied a 14.8% increase in a few days. By the end of March, the token price had plummeted by a disappointing 30.9%. According to CoinCodex price prediction, the current sentiment for Bone Shibaswap is bearish, with the token expected to lose 6.99% of its current value in five days. Meanwhile, the coin is projected to lose an additional 40% over the next month. That said, this information should not be relied upon as investment advice. BONE is currently priced at $0.945, with a daily trading volume of $4,888,630. Related Reading: These Top 5 Cryptos Are Thriving Despite A Slippery Market BONE trading at $0.9404 | Source: BONE\/USD chart from TradingView Featured image from CoinGecko, chart from TradingView<\/p>\n","protected":false},"author":590,"featured_media":528091,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[86713,88155,86404],"class_list":["post-528081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bone","tag-bone-shibaswap","tag-okx"],"acf":[],"yoast_head":"\n<title>BONE Surges 8.3%, As OKX Amasses 1.71M BONE Tokens In 1 Day<\/title>\n<meta name=\"description\" content=\"While the crypto market appears to be in decline, Bone Shibaswap (BONE), the Shibaswap ecosystem&#039;s governance token, has been on the rise.\" \/>\n<meta name=\"robots\" content=\"index, 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Most importantly, Opeyemi thinks of any market insights as the gospel, while recognizing that he is only a messenger. When he is not clicking away at his keyboard, Opeyemi is most definitely listening to music, playing games, reading a book, or scrolling through X. He likes to think he is not loyal to a particular genre of music, which can be true on many days. However, the fast-rising Afrobeats genre is a staple in Opeyemi\u2019s Spotify Daily Mix. Meanwhile, Opeyemi is a voracious reader who enjoys a wide category of books - ranging from science fiction, fantasy, and historical, to even romance. He believes that authors like George R. R. Martin and J. K. Rowling are the greatest of all time when it comes to putting pen to paper. Opeyemi believes his reading of the Harry Potter series twice is proof of that. Indeed, Opeyemi enjoys spending most of his time within the four walls of his home. 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