Shiba Inu Price Jumps 11% as SHIB, BONE Secure New Listings

Shiba Inu (SHIB) has experienced a significant surge in price, rising by 11% in the past day. However, some of these gains were later diminished as profit-taking occurred across the overall cryptocurrency market. This increase in the price of SHIB follows the announcement of new listings for both SHIB and BONE, the Shiba Inu governance token, and Shibarium’s gas token. LBank crypto exchange has recently added BONE perpetual to its futures listing, offering up to 50x leverage. Similarly, Binance Futures is set to launch a USDC-margined 1000SHIB perpetual contract with up to 50x leverage, aiming to expand trading choices and enhance users’ experience. Additionally, Shiba Inu secured a new listing on Australian crypto exchange bitcoin.com.au, increasing accessibility for users to buy SHIB. With these new listings, SHIB and BONE tokens are expected to gain more visibility and accessibility, facilitating wider adoption and utility within the crypto world. At present, SHIB is trading at $0.00003, but earlier in the day, its price reached a high of $0.00003183. If SHIB continues to close in the green, it will mark its fourth consecutive day of gains since March 22. The daily RSI has also moved into the positive zone, indicating an advantage for bullish investors. On the upside, the next resistance levels for Shiba Inu are estimated to be between $0.000034 and $0.000037, where a significant number of SHIB was purchased at an average price of $0.000035. Conversely, key price support for SHIB lies within the range of $0.000019 and $0.000025, where a substantial amount of SHIB was bought at an average price of $0.000023.