Crypto Lending Platform To Support Shibarium And List BONE

CoinRabbit, a major crypto lending platform, is the latest crypto entity that will support Shiba Inu’s Layer 2 solution, Shibarium. The crypto lender recently announced on Twitter, expressing their eagerness for the upcoming mainnet launch: “Our team is waiting for the Shibarium net launch, just like the whole ShibaArmy. We’re going to support Shibarium at CoinRabbit.”

CoinRabbit announces support for Shibarium

This crypto lending platform is one of the leading providers of lending solutions in the cryptocurrency market. CoinRabbit also offers unlimited stablecoin loans using crypto assets as collateral.

Along with the support, CoinRabbit also disclosed plans to list BONE which will be available on the platform starting next week.

“Btw BONE listing is planned on next week, as we promised before New Year”

CoinRabbit (@CoinRabbitLoans), February 22, 2023

It is the second token within the Shiba Inu ecosystem to receive support on CoinRabbit after SHIB.

Shibarium Is Centre of Attraction

Shiba Inu community has been eagerly awaiting the launch of the Shibarium, and it is directly or indirectly benefiting the BONE. The token garnered a lot of attention from numerous crypto platforms and became the first featured asset on CoinMerge to utilize its latest updates. Along with CoinRabbit, LEDGER and Swapzone, Shibarium got the support of NOWNodes, a blockchain-as-a-service solution provider, and the non-custodial decentralized wallet Atomic Wallet.

SHIB and BONE rallies

Shiba Inu (SHIB) and Bone ShibaSwap (BONE) prices witnessed a massive surge over the past few months. At the time of writing, the current price of SHIB is $0.00001316 with a market cap of US$7.22 billion and a volume of $437,141,388, up by 45.22%.

On the other hand, BONE was up 2.74% at $1.90, with a market capitalization of $436,976,800 and a 24-hour trading volume down of 53.71%. Now it stands at $14,292,797. At the same time, the circulating supply is approximately 229,928,509 BONE as per the crypto market tracker CoinMarketCap.

Also Read: SHIB Burn Rate Zooms By 260% Amid Price Crash; What’s Next?