Leading Crypto Lending Platform CoinRabbit Rapidly Integrates Shiba Inu Governance Token, Bone ShibaSwap (BONE) Amidst Unprecedented Community Support.
CoinRabbit, a popular crypto lending platform, has officially added support for the Shiba Inu Governance token, BONE. This move empowers CoinRabbit users to accrue interest on their BONE holdings and avail themselves of BONE-backed loans.
This development comes after CoinRabbit, on December 7, unveiled a deal for the Shiba Inu Community. The lending platform pledged to list BONE provided that the Shiba Inu Community achieves a seemingly simple yet impactful goal of one thousand likes on the designated post.
The response from the Shiba Inu Community has surpassed all expectations, with the post garnering 2,000 likes and 555 retweets in record time. This overwhelming support has propelled CoinRabbit to honor its promise and expedite the listing of the highly sought-after digital asset.
Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, in a tweet, lauded the prowess of the Shiba Inu Community, stating, “ShibArmy is faster than a speedy Rabbit. JK CoinRabbitLoans. BONE new listing feels nice.”
#Shibarmy is faster than a speedy Rabbit. JK @CoinRabbitLoans . $Bone new listing feels nice. https://t.co/XfTfP2nWbw
— Shytoshi Kusama™ (@ShytoshiKusama) December 8, 2023
Simultaneously, Shibarium, the L2 blockchain of the Shiba Inu ecosystem, has achieved a new milestone by surpassing 2 million blocks. According to Shibariumscan Explorer data, the network has processed 58,810,914 (58.81 million) transactions, with the total block count reaching 2,004,873 (2 million). Notably, despite processing 7.69 million transactions over the last day, the network maintained an average block time of 5 seconds.
Amidst these developments, Bone ShibaSwap experienced a surge in buying pressure, propelling the BONE price to soar by 19% in the past 24 hours. Per CoinMarketCap data, BONE is currently trading at $0.9271, with a 24-hours trading volume of $18,492,778 ($18.49 million).
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