Shiba Inu’s (SHIB) Bone ShibaSwap (BONE) Grows 10% as Shibarium Nears

Shiba Inu’s (SHIB) Bone ShibaSwap (BONE) Grows 10% As Shibarium Nears

Despite the canine cryptocurrency Shiba Inu (SHIB) dangerously floating slightly above the resistance line at $0.00001, the gas fee token of the SHIB Ecosystem, Bone ShibaSwap (BONE) had a brilliant week with 10.1% gains in the last seven days.

While Shibarium, the Layer-2 solution for SHIB is still in testing phase, the TOP 100 Ethereum (ETH) whales have a broad interest in BONE. This is likely due to the fact that the SHIB Army on Twitter is constantly trending with requests for Binance, Robinhood, Coinbase and other popular crypto exchanges to list the Shibarium governance token.

BONE’s Next Goal

The 152th-ranked BONE’s next target is $1, according to popular crypto influencers on Twitter. Besides, SHIB’s delicacy token is trending on DexTools with a favorable green candle. This green candle confirms significantly increased trading activity.

At press time, BONE is priced at $0.980311, according to CoinGecko. Growing 0.9% in the last 24 hours, BONE recorded eight days in the green. Further on, the potential Robinhood listing could be the gamechanger for BONE.

Red-Hot SHIB Burn Rate Catapults 3,359%

Another card up BONE’s sleeve is the drastically increased SHIB burning activity, which recorded a juicy 3,359% increase in one day. According to Shibburn, the official SHIB burn portal, there were 45 million SHIB tokens set aflame in the last 24 hours alone.

Ultimately, the blazing up SHIB tokens pays off for the whole SHIB Ecosystem. Besides, the turning point for its impact could be the SB Visa Card with integrated SHIB and BONE burning, which was announced earlier this year.

On the Flipside

Why You Should Care

With huge interest from Ethereum’s (ETH) TOP 100 whales, both SHIB and BONE have great potential to lead the memecoin race.

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

Author

Tadas Klimasevskis is an author & reporter, focusing on the latest tendencies of the crypto galaxy. Tadas spends his time digging deeper into specific areas like coins such as Shiba Inu (SHIB) & Dogecoin (DOGE), music NFTs, sports NFTs, digital art, and Pop culture in Web 3.0. Tadas strongly believes in crypto as disruptive innovation and keeps an eye out for new crypto hubs being developed around the globe. His vast experience in social media lets him quickly spot what’s going on in the mercurial world of crypto and deliver stories with unique spins. He has been active in blockchain and cryptocurrencies since 2019.