On Monday, Binance announced a call for project applications, aiming to diversify its market by including tokens from small to medium-sized projects with solid community support and fundamentals. This move has sparked speculation within the Shiba Inu community about the potential listing of BONE, the gas token for Shibarium, on Binance. Historically, the Shib Army has long awaited this moment, making it a significant milestone for the community.
The announcement led to a notable increase in BONE’s value, with a 6.60% rise in price to $0.6387 and a similar surge in market cap and trading volume. This reflects the strong community engagement and market anticipation for BONE’s inclusion on Binance, highlighting the strategic importance of community support and moderate valuations in the cryptocurrency market.