BONE Defies Gravity by 6.3% After OKX’s Blockbuster 1.7M Bone ShibaSwap Accumulation

OKX Purchases $1.7 Million Worth of BONE, Sending Meme Coin Soaring

The cryptocurrency exchange OKX has purchased $1.7 million worth of BONE, the governance token for the Shiba Inu (SHIB) network. The purchase was made through several transactions, and it has propelled OKX into the 13th largest holder of BONE.

The accumulation frenzy began after OKX published a special voting event allowing users to vote for their favorite meme coin project to be listed on the market. The voting event includes five of the most popular meme tokens, including ArbDoge AI (AIDOGE), BONE, Bonk (BONK), Optimus AI (OPTI), and Pepe (PEPE).

The ongoing event will conclude on April 24th, 2023 at 06:00 a.m. UTC. The results will be released at 10:00 a.m. UTC on the same day.

OKX has stated that it will reveal the top three tokens with the most votes to give users more power over the platform. Users must deposit at least 10 USDT equivalents of any competing tokens into their OKX wallets in order to participate.

Interestingly, the exchange has said that the token listing will be favored if a project’s total votes reach 5,000 or more, indicating that users might have a substantial impact on the final results.

Without a doubt, the accumulation has caused a stir in the crypto industry, and the sudden surge in the value of BONE is reflective of the overall bullish sentiment surrounding it. As of this writing, the price of Bone Shibaswap has ballooned to an impressive 6.3%($1.02) in the past 24 hours, according to CoinMarketCap data. Contrary to the euphoria sparked by OKX, the meme token has experienced a 16.8% price drop in the last 30 days.

Focus keywords: BONE, Shiba Inu, meme coin, OKX, voting event, price appreciation, institutional investment, Gate.io, meme coin team clash, plugins

Plugins:

• TradingView: This plugin allows you to track the price of BONE and other cryptocurrencies in real time.
• CoinMarketCap: This plugin provides you with up-to-date information on the market capitalization, trading volume, and price history of BONE.
• GitHub: This plugin allows you to view the source code for the BONE project and stay up-to-date on the latest developments.

Conclusion

The purchase of BONE by OKX is a significant development for the token. It shows that there is institutional interest in BONE, which could lead to increased demand and price appreciation in the future. The future of BONE looks bright, and it is likely that we will see more adoption and use cases for the token in the future.

Here are some additional thoughts on the future of BONE:

• The meme coin space is growing rapidly, and BONE is well-positioned to benefit from this growth.
• BONE has a strong community of supporters, which will help to drive adoption and demand for the token.
• BONE is a versatile token with a number of use cases, which will make it attractive to investors and users alike.

Overall, I am bullish on the future of BONE. I believe that the token has the potential to reach new heights in the years to come.