Uphold Backtracks, Relists Nine Crypto Assets Including Shiba Inu (SHIB) and Cardano (ADA)
Just one month after delisting ten digital assets due to alleged regulatory hurdles from Canada, American trading platform Uphold has performed a U-turn. Nine of the delisted assets, including popular cryptos like Shiba Inu (SHIB), Dogecoin (DOGE), and Cardano (ADA), are now back on the platform’s Topper exchange.
While the official reason for the reversal remains unclear, Uphold appears to have navigated whatever regulatory obstacles initially triggered the delistings. This sudden change has sparked excitement within the crypto community, particularly among Shiba Inu’s “SHIB Army” and BONE token enthusiasts.
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The reintroduction of SHIB and DOGE is expected to be met with enthusiasm from their respective communities, but it’s BONE that seems to be grabbing the most attention. Uphold’s reaction to comments mentioning BONE, including GIF replies and acknowledging its availability on the platform, suggests a potential future listing for the Shiba Inu governance token.
— Uphold (@UpholdInc) January 25, 2024
However, Uphold’s transparency data already lists BONE as a “Tier 3” asset, meaning users can buy, sell, hold, send, and even deposit or withdraw it to external wallets. This seemingly contradicts the exchange’s engagement with BONE-related comments, leaving the door open for speculation about a potential official BONE listing announcement.
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Yes! $BONE is listed as a tier 3, check it out: https://t.co/gKCxlfILTP 🙌
— Uphold (@UpholdInc) December 8, 2022
Adding to the intrigue, Uphold’s data reveals they hold nearly $800,000 worth of BONE for users and have facilitated over 40,000 BONE transactions on their platform. This suggests Uphold has been quietly supporting BONE for some time, further fueling rumours of a formal listing.
While the mystery surrounding BONE’s future on Uphold persists, the relisting of nine popular digital assets is undoubtedly a positive development for the platform and the wider crypto community. Whether BONE joins the party officially remains to be seen, but its enthusiastic reception from Uphold suggests it may only be a matter of time.
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Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.
