BitMEX Lists Shiba Inu (SHIB) and Bone ShibaSwap (BONE) Perpetual Contracts

One sentence summary – BitMEX has listed Shiba Inu (SHIB) and Bone ShibaSwap (BONE) perpetual contracts, allowing users to trade these tokens with leverage, while the reopening of the Shibarium blockchain is expected to strengthen the ecosystem and increase trading activity for BONE tokens, which have seen price increases and garnered significant interest from investors.

At a glance

  • BitMEX has listed Shiba Inu (SHIB) and Bone ShibaSwap (BONE) perpetual contracts.
  • Users can trade these tokens with leverage ratios of up to 33x and 20x respectively.
  • This move is aimed at catering to the growing interest in the Shiba Inu ecosystem.
  • BitMEX has also listed BONE perpetual contracts, which are expected to experience increased trading activity.
  • SHIB and BONE tokens have witnessed price increases, indicating significant investor interest.

The details

BitMEX, a prominent cryptocurrency derivatives exchange, has recently listed Shiba Inu (SHIB) and Bone ShibaSwap (BONE) perpetual contracts.

This move allows users to trade these tokens with leverage, offering increased flexibility and potential profit.

Increased Leverage Options

Starting from August 30, BitMEX users can access SHIBUSD and SHIBUSDT contracts with leverage ratios of up to 33x.

BitMEX claims this to be the highest leverage ratio in the industry.

The SHIBUSD Quanto Contract will offer 33x leverage.

The SHIBUSDT Linear Contract will provide 20x leverage.

Catering to Growing Interest

This initiative is designed to cater to the growing interest in the Shiba Inu ecosystem and its associated tokens.

Shiba Inu’s lead developer has announced the reopening of the L2 blockchain Shibarium.

This blockchain had been unavailable for nearly two weeks, causing some disruption to the ecosystem.

The reopening of Shibarium is expected to strengthen the infrastructure and provide users with improved functionality.

BONE Perpetual Contracts

In addition to the SHIB contracts, BitMEX has also listed BONE perpetual contracts.

Users can now trade BONE tokens with leverage in USD and USDT pairs.

The recent launch of the Shibarium mainnet is expected to drive increased trading activity for BONE tokens.

As a result, the trading volume of BONE is expected to experience a significant surge.

The recent performance of SHIB and BONE tokens shows that they have witnessed price increases.

Over the past 24 hours, SHIB has seen a 2% rise and is currently trading at approximately $0.0000080.

The trading volume of SHIB has surged by 40% within the same time frame.

Meanwhile, BONE has observed a 1% price increase in the last 24 hours and a notable 9% increase over the past week.

Given the positive trajectory of these tokens, it is anticipated that their prices will continue to rise in the long term.

In conclusion, BitMEX has introduced SHIB and BONE perpetual contracts, offering traders the ability to leverage their positions.

The reopening of the Shibarium blockchain and the recent launch of the Shibarium mainnet are expected to enhance the ecosystem’s functionality and drive increased trading activity.

With SHIB and BONE tokens experiencing price increases, it is clear that they have garnered significant interest from investors.

As the market evolves, it will be interesting to observe how these developments impact the wider cryptocurrency landscape.

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– BitMEX has announced the listing of Shiba Inu (SHIB) and Bone ShibaSwap (BONE) perpetual contracts.
– Users will be able to trade SHIB tokens with up to 33x leverage and BONE in USD and USDT pairs with up to 5x leverage.
The reopening of the L2 blockchain Shibarium was announced by Shiba Inu’s lead developer after being unavailable for almost two weeks.
– BitMEX claims that the leverage offered on SHIBUSD and SHIBUSDT is the highest in the industry.
The SHIBUSD Quanto Contract will have 33x leverage, while the SHIBUSDT Linear Contract will have 20x leverage.
The listing will be available from August 30.
– BitMEX has also announced the listing of BONE perpetual contracts in USD and USDT pairs with up to 5x leverage.
The trading of BONE tokens is expected to increase due to the Shibarium mainnet launch.
The price of SHIB has increased by 2% in the past 24 hours and is currently trading at $0.0000080.
The trading volume of SHIB has increased by 40% in 24 hours.
The price of BONE has increased by 1% in the last 24 hours and 9% in a week.
The prices of SHIB and BONE tokens are expected to rise in the long term.

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