- SuperEX begins BONE/USDT perpetual trading with leverage up to 10x, stirring market interest.
- Robinhood expands crypto trading to Hawaii, Puerto Rico, and the US Virgin Islands.
- BONE and Shiba Inu experience slight intraday price declines despite market optimism.
Shiba Inu’s marketing lead, Lucie, announced a major milestone for the meme coin’s ecosystem: the launch of perpetual trading for its BONE token on Canada’s leading cryptocurrency exchange, SuperEX.
Lucie shared this development in a July 3rd X post, generating optimism within the Shiba Inu ecosystem, who hope this increased accessibility and trading activity will boost BONE’s value.
Echoing Lucie’s announcement, SuperEX confirmed the launch of the BONE/USDT perpetual contract in an official press release. The exchange clarified that the contract uses BONE as the underlying asset and USDT as the settlement currency.
The exchange offers leverage multiples from 1-10X, allowing users to trade with positions ten times their initial investment. The news garnered market attention, positioning BONE for a potential influx of trading activity.
While several other tokens have seen positive price movements after perpetual contract listings, including SHIB, FLOKI, and BONK on Coinbase, BONE’s price has yet to follow suit. This current market hype, coupled with SuperEX’s larger user base, could propel BONE to considerable price levels.
Despite the launch, BONE’s price dipped 1.93% in the last 24 hours, trading at $0.4822. Its highest and lowest prices during this period were both $0.4788.
In a separate development, Robinhood has expanded its cryptocurrency trading services to Hawaii, Puerto Rico, and the U.S. Virgin Islands. The platform announced this move on X (formerly Twitter), reaffirming its goal of reaching a wider American audience.
Market participants in these regions can now trade digital assets, including Shiba Inu (SHIB), on the platform. This expansion could increase Shiba Inu’s market visibility and adoption. As of press time, Shiba Inu is trading at $0.00001695, reflecting an intraday price decline of 0.89%.
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