BONE Jumps to Ranking on Binance Futures Will NEXT Be Listed Soon?
Shiba Inu (SHIB) team’s Bone Shibaswap (BONE) has reached a major milestone by garnering significant support on binance Futures NEXT. The leading crypto exchange’s newest feature allows users to predict the next list of tokens and offers rewards for each selection they make.
shiba inu‘s BONE Gains Nearly 10,000 Picks
BONE crypto attracted 9,947 picks on the Binance Futures NEXT portal. As SHIBArmy gathers support for the crypto, the Shiba Inu team’s token rises in the rankings. As of this writing, Bone Shibaswap is ranked 7th on the list of nominated tokens on Binance Futures NEXT. But according to Shiba Inu marketing lead Lucie’s post on X, it ranked 14th with only 2,657 picks.
In the post, Lucie called on the Shiba Inu community to come forward and vote for BONE. She wrote: “Let’s unite as superheroes #SHIBARMY. It’s time to cast our votes for $BONE on @binance.” Hours after post, Bone Shibaswap rose 7 positions with an increase of over 7,000 picks.
While the Shiba Inu community waits for Bone to be listed on Binance, things could go wrong. The Binance Futures NEXT feature allows users to select tokens they expect to list next on Binance, but rankings do not determine an actual listing.
The crypto exchange confirmed that it will conduct necessary checks before considering a listing. Therefore, even if BONE is ranked #1 on Binance Futures NEXT, listing is not guaranteed. Nevertheless, the Shiba Inu team’s Bone Shibaswap is still a strong contender among others due to the unique approach of the project.
Also Read: Shiba Inu Coin Price Prediction: Will SHIB Climb to $0.0001 Soon During Meme Coins Rally?
How Does Binance Futures NEXT Work?
Operating independently of Binance’s listing process, Futures NEXT focuses on rewarding accurate market predictions rather than influencing token listings. Users have the ability to nominate and allocate Elections tokens, but it is crucial to understand that Futures NEXT does not function as a voting platform.
Regardless of a token’s popularity on the platform, it is not guaranteed to be listed. Binance maintains a rigorous and unbiased listing review process that ensures that all tokens are subjected to the same evaluation criteria regardless of their performance or popularity on Futures NEXT.
Each selection represents your prediction for the next token to be listed on USD-M Futures worth 1 USDT. Successful predictions can earn you Futures coupons powered by multipliers for even bigger rewards.
Binance Futures NEXT offers a risk-free participation model. So, if a token you have allocated to your predictions is not listed on the USD-M Futures market, you have the option to withdraw your predictions after the initial 3-day lockup period. Additionally, your predictions will be converted back to USDT and transferred to your Futures Wallet, giving you the flexibility to reallocate them to a different token or withdraw them completely.
Also Read: Shiba Inu’s Shib Name Service Officially Launched, Here’s Everything
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