OKX, BONE, and Shiba Bounce: What's the Deal?

OKX delisting BONE? We dive into the details, exploring the potential impacts on Shiba Inu's ecosystem and the Shibarium Layer-2 network.

OKX's decision to delist Shiba Inu's BONE token has sent ripples through the SHIB Army. But what does this mean for the future of BONE and the Shibarium ecosystem? Let's break it down.

OKX Says Goodbye to BONE

On June 30, 2025, OKX announced the delisting of several altcoin pairs, including BONE/USDT. Effective July 7, 2025, users can no longer deposit BONE on OKX, though withdrawals remain open until September 30, 2025. This move, justified by OKX as part of a routine performance review, wasn't exactly welcomed by the SHIB community.

The immediate impact? BONE's price took a hit, dropping from $0.24 to $0.19 in minutes. Ouch!

OKX's BONE Stockpile: A Potential Curveball?

Here's where it gets interesting. Despite delisting BONE, OKX still holds over 220,000 BONE tokens. If OKX decides to dump this stash, it could add significant selling pressure on BONE. However, BONE has shown resilience to this potential selling move depends on the usage of Shibarium & garnered fees.

The Shibarium Advantage

The Shiba Inu team is highlighting the benefits of using Shibarium and DeFi wallets over centralized exchanges (CEXs) like OKX. With DeFi wallets, you control your funds, no KYC required. CEXs? Not so much. As @Shibizens puts it, "DeFi = freedom. CEX = permission."

BONE's Resilience and the Future of Shibarium

Despite the OKX setback, BONE continues to trade on other platforms like Crypto.com, with a growing number of on-chain holders. The delisting might even push more users to Shibarium, boosting BONE's utility within the Shiba Inu ecosystem.

And let's not forget the AI-driven "Jul-AI" projects teased by the Shiba Inu team. These projects could further power Shibarium and drive demand for BONE.

Final Thoughts

The OKX delisting is a speed bump, not a roadblock. With a strong community, growing utility within Shibarium, and potential AI integrations on the horizon, BONE might just bounce back stronger than ever. Keep your eyes peeled, folks! The crypto world is never short on surprises.