Gate exchange lists two meme coins: PAW and BONE
The listing on the platform occurred in anticipation of the launch of the beta version of the Shibarium network, with which the assets are associated
24.02.2023 - 16:00
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What’s new? Crypto exchange Gate has listed on its platform two meme coins at once related to the Shibarium project, a Layer 2 (L2) scaling solution for Ethereum, the beta launch of which is expected next week. In question is the native token of the Shibarium blockchain, Bone ShibaSwap (BONE), and the token of decentralized cross-chain exchange (DEX) PawSwap (PAW).
The Gate exchange is founded and registered in Hong Kong and has over 12 million users worldwide. There are 1584 crypto assets available on the platform, and it has processed $689 million in bids in the last 24 hours. The exchange has $1,9 billion in reserves.
What else is known? Trading of BONE tokens started at 04:00 UTC on February 24, paired with Tether (USDT) stablecoin. Trading of PawSwap tokens will be available for users on February 25 at 08:00 UTC, also paired with USDT.
According to CoinGecko aggregator on February 24, 15:45 UTC, BONE is trading at $1,83, down by 2,8% in 24 hours. Meanwhile, the value of the PAWSWAP token has jumped by 84,4% to $0,0000009358.
The launch of Shibarium is designed to “revolutionize” the Shiba Inu (SHIB) meme coin ecosystem by removing barriers to small transactions, increasing speed, integrating NFTs, and allowing the community to develop decentralized applications (DApps) and their own coins.
Users will need a BONE token to operate in the ecosystem. SHIB holders can purchase BONE for a very low fee. As for the PAWSWAP token, it will be used on the exchange built within the Shibarium ecosystem
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