Top Estonian exchange lists Shiba Inu trifecta
Switchthe main Estonian stock exchange, officially announced the listing of the Shiba Inu tokens SHIB, LEASH and BONE, a few weeks after having hinted at them.
Over the weekend, the Shiba Inu community dedicated Twitter handle, Shibainuart, indicated the exchange’s move while thanking Switchere for taking the time to learn about Shiba Inu ecosystem tokens SHIB, LEASH and BONE.
Due to multiple listings over the past year, Shiba Inu is now available for trading on several top crypto exchanges including Binance, Coinbase, Gemini and others. As reported by U.Today, Shiba Inu made his way to top crypto exchange Bitstamp in June, after months of teasing his list. To the delight of Shiba Inu fans, stock brokerage app Robinhood also listed Shiba Inu in April.
In January, Bitso, the largest cryptocurrency exchange in Mexico, announced the listing of Shiba Inu on its platform.
Shiba Inu Price and Recent Developments
At press time, Shiba Inu was trading down almost 4.97% at $0.000011. However, the token is still up almost 25% per week.
According to the latest Shibarium updates released by Unification, Shibarium Private Alpha TestNet is currently being developed in anticipation of the public Beta TestNet deployment, which is planned for Q3. The forthcoming Shibarium Layer 2 is expected to reward validators with BONE, which also acts as “gas.” To this effect, the Shiba Inu team feels it might be necessary to set aside 20 million BONE for validator roles.
Therefore, the community was given a choice to either allow the over-minting of 20 million BONE for validators, which would bring the total BONE supply to 270 million, or stop BONE minting at 230 million. BONE, thus preserving the total supply at 250. million.
In an official blog post, the Shiba Inu team stated that the proposal to stop all BONE farming once 230 million were minted to preserve the 20 million remaining for Shibarium validators was approved with 97.88% of the vote.
With the adoption of the new proposal, BONE’s total supply remains at 250 million.
