Shiba Inu users will receive a 5,555 BONE reward on the Singapore-based exchange MEXC

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As shared on the official website SHIB Twitter handle, the Singapore-based exchange MEXC, in conjunction with Bone ShibaSwap (BONE), has announced a prize pool of 5,555 BONE to eligible users who participate in the “Sign up, Deposit & Trade” event.

In January this year, MEXC Global added BONE support, becoming one of the first exchanges to list the Shiba Inu ecosystem governance token.

As reported by U.Today, the leading crypto exchange also recently expanded support for Shiba Inu by launching a USDC pair. In July 2021, MEXC announced that Shiba Inu could now be traded on its platform, becoming one of the first exchanges to list Shiba Inu early.

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With less than 65,000 BONE remaining for farming, excitement around the asset remains on the rise. In June, the Shiba Inu community voted overwhelmingly to stop all BONE farming after hitting 230 million minted tokens. The remaining 20 million tokens were intended to be kept for Shibarium validators. BONE’s supply remains capped at 250 million tokens.

Boosted by positive news, BONE remains up 3.73% at $1.05 against the backdrop of other crypto assets, which were trading in the red at press time, given the recent sell-off in the market. The 24-hour trading volume for BONE is also up 54.71%, indicating renewed interest from traders.

Shiba Inu can now be used to pay for domain names

According to a recent announcement, Shiba Inu and other cryptocurrencies backed by BitPay are now accepted by RightOfTheDot, an auctioneer and broker of digital assets, including premium domain names and NFTs.

Similarly, 123Miners, a marketplace for crypto mining hardware, coins, equipment, and hosting services, now also accepts cryptocurrencies via BitPay.

The number of Shiba Inu owners also continues to reach new highs, currently at 1,213,973 according to data from WhaleStats. Meanwhile, Shiba Inu was trading down 6.88% at $0.0000124 at press time.

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