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#[Shiba Inu is rising: Will Binance listing push up the price?
The Shiba Inu community is actively promoting the potential listing of Bone Shibaswap on Binance Futures NEXT, demonstrating enthusiastic support for Team SHIB’s Bone token, which has received over 28,200 votes on the leading crypto exchange. Users' expectations for the launch highlight their great confidence in the future of the project.
SHIB is currently trading at $0.00003012, showing a staggering rise of 195.3% since March 2023, up 137% in 14 days and 241% in one month. However, the sub-token Bone ShibaSwap (BONE) has behaved differently. Although it has risen slightly recently, it has fallen nearly 30% since March and currently trades at $0.9038.
According to CoinCo decentralized exchange predictions, BONE has a promising future and is expected to rise to $2.79 by April 5, 2024, an increase of approximately 170.87%, and further increase to $3.47 on April 11, an increase of approximately 236.89%.
Technical analysis points out that Shiba Inu’s daily RSI is at 65.30, approaching overbought territory, while the daily MACD is below the signal line, suggesting a possible price correction. For BONE, the daily RSI value is at 50.99, indicating a neutral market condition, while the daily KST shows a positive short-term trend, although the MACD is below the signal line, indicating the possibility of a bear market.
