Shib $BONE will be Delisted on the OKX Exchange pair with BONE/USDT on July 7th, 2025 at 08:00 AM(UTC)
Published By: divya choudhary
Published at: 2025-07-04
About the Shib Token Project
Shiba Inu (SHIB) is an Ethereum?based meme token launched in August 2020 by the pseudonymous "Ryoshi". With an initial supply of one quadrillion tokens, SHIB is championed as a community?driven, decentralized project that aspires to be a Dogecoin challenger. The Shiba ecosystem also includes LEASH (a scarce-value token tied to NFT/metaverse utility) and BONE (governance token and gas for the Shibarium Layer?2 network)
What Is the Shib Token Project?
Shiba Inu (SHIB) is a fun internet coin a Crypto Memecoin made on the Ethereum Blockchain in 2020 by someone called "Ryoshi" (we don’t know who they are).
It’s kind of like Dogecoin, but with its own big fan group.
The Shiba Inu project has 3 main tokens:
SHIB – the main coin.
LEASH – a rare coin used in NFT Collection and metaverse stuff.
BONE – used to vote on decisions and pay for stuff on their special network called Shibarium.
They also have:
ShibaSwap – a place to trade tokens and earn rewards.
Shibarium – a faster, cheaper way to use SHIB.
Why People Like SHIB
Big fan group – Millions of people around the world love and use SHIB.
Used in real life – You can use SHIB to pay at some stores like AMC and Newegg.
Lots of uses – You can trade, vote, and use SHIB in apps.
Always improving – The team keeps making new tools like NFTs and their own internet.
Fewer tokens over time – They “burn” some coins, which can make the rest more special.
What Happened with BONE on OKX?
OKX, a big website for buying crypto, stopped supporting BONE:
June 30 – People could no longer send BONE there.
July 7 – All trading of BONE stopped.
September 30 – People can no longer take BONE out.
This made BONE's price drop a lot at first.
But then the price bounced back a little because fans still believed in it.
Why BONE Being Removed Could Help SHIB
More people use DeFi – Instead of using big exchanges like OKX, fans started using decentralized tools.
Focus on real use – BONE is still useful for paying fees on Shibarium, their own system.
Fans came together – The SHIB community showed strong support.
Long-term value – With less help from big websites, the project can grow in better, safer ways.
Other places to trade – BONE is still on other websites like Gate.io, HTX, Crypto.com.