Bone ShibaSwap (BONE) Doubles Ahead of Shibarium Upgrade

As it gives voting power on all proposals, many crypto devotees want to hold Shiba Inu’s BONE prior to Shibarium

Bone ShibaSwap BONE Doubles Up Ahead of Shibarium Upgrade

As the grand launch of Shibarium nears, Bone ShibaSwap (BONE) is making an impression on the crypto world once again. The governance token by Shiba Inu (SHIB) Ecosystem has almost doubled in the last fortnight.

Bone ShibaSwap (BONE) Keeps Growing

The governance coin Bone ShibaSwap (BONE) keeps overcoming obstacles that most of the Top 20 cryptocurrencies by market cap fall to easily. Inflation, increased Fed rates, the war in Ukraine, and selling sprees by Ethereum (ETH) whales cannot stop $BONE’s growth.


Even though the token has a horizontal area of support at $1.20, the Bone ShibaSwap (BONE) token managed to gain 5.8% in the last 24 hours, according to CoinGecko. At the time of publication, $BONE trades at $1.71. This could be due to the fact that members of the Shiba Army who owe the most $BONE are able to vote for proposals inside the Shiba Inu (SHIB) Ecosystem.

The strong voice of the community is seen in the constant voting for listings on various crypto platforms. is considering adding $BONE, according to rumors on Twitter. However, with welcoming all three tokens of the Shiba Inu (SHIB) trifecta, it is highly likely that $BONE will grow on the major crypto exchanges in the near future.

Shibarium Is Expected to Lower Fees

The Layer-2 solution for the most popular memecoin will bring a couple of perks, much anticipated by the SHIB Army. The benefits of the Layer-2 solution, Shibarium, are as follows:

  • Lower transaction fees
  • Built-in $SHIB burn mechanism
  • More utilization for $BONE
  • Faster transaction time frame
  • Groundwork for SHIB: The Metaverse

On top of that, Ethereum’s (ETH) upcoming ‘The Merge” upgrade is likely to speed up the transactions for Shiba Inu (SHIB) as well, as the canine coin is hosted on Ethereum (ETH). Conclusively, crypto enthusiasts are talking about Shibarium coming soon for a very good reason. According to crypto influencer Lucie Sasinkova, the Layer-2 upgrade is coming as soon as the third quarter of 2022.

On the Flipside

Why You Should Care

As the Shiba Army grows, $BONE and Shibarium are constantly trending on Twitter. Moreover, the Shiba Inu (SHIB) official Twitter profile recently surpassed Dogecoin’s (DOGE), making it the most popular memecoin.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.