- Token deposits for trading on the platform may begin on May 16 at 08:00 UTC, 2023.
- There have been no positive price swings in BONE and BABYDOGE over the last day.
Two tokens, Bone ShibaSwap (BONE) and Baby Doge Coin (BABYDOGE), have been added to Tarmex, a well-known crypto exchange. Token deposits for trading on the platform may begin on May 16 at 08:00 UTC, 2023.
The tokens’ exposure in the cryptocurrency market has been boosted thanks to the exchange’s introduction of BONE/USDT and BABYDOGE/USDT trading pairings. OKX, Poloniex, and Huobi are just a few of the big exchanges that have both tokens listed. More liquidity and maybe more price movement for these tokens, however, is anticipated with the listing on Tarmex.
No Positive Price Swings
There have been no positive price swings in BONE and BABYDOGE over the last day, despite the fact that their listings on Tarmex are a major event for the tokens and their communities. According to CoinMarketCap, BABYDOGE has increased by 0.70% while BONE has decreased by 3.11%.
Another popular token, SHIB, has also seen an increase in its burn rate during this time. Burned tokens in the last 24 hours totaled 3,034,309,519, a rise of 26450.21% as per the most recent hourly SHIB report. This comes after a week in which the burn rate dropped by 70%.
The expanded availability of tokens like BONE and BABYDOGE to more investors is good news for the general growth and development of the crypto ecosystem, notwithstanding the volatility of token prices and burn rates.
These tokens are becoming more widely available to traders all over the globe since they are being adopted by a growing number of platforms, which might lead to an increase in market liquidity and volatility.