Shiba Inu’s BONE The price suddenly increases; This is why?

Shiba Inu Coin News: Shiba Inu lovers drew attention to the fact that Shytoshi Kusama, the leader of the creators of Shiba Inu, dropped the allusion again. Which may or may not be related to the long-awaited release of Shibarium. Speculation surrounding the launch of the L2 blockchain has also given impetus to BONE Shiba Inu, which surpasses top meme coins by market capitalization.

Shiba Inu’s BONE The price suddenly increases

Said SHIB fans assumed that Shytoshi Kusama used the three dots as a symbol to let the community know it was time to move to the Shibarium beta. Thanks to these latest clues, the price of the Shiba Inu BONE ecosystem token has seen a surge in the last 24 hours.

As BONE is supposed to be the gas token used in Shibarium Layer-2, its price has increased by 4% in the last 24 hours, making it one of the biggest gainers among the biggest meme cryptocurrencies. However, this growth is also supported by its listing on Gate.io.

As previously reported by Coingape, the cryptocurrency exchange will trade Bone ShibaSwap with the BONE/USDT trading pair via an official blog post. The platform, which has more than 12 million registered users, updated its trading page for ShibaSwap on Thursday, counting down to the altcoin’s launch.

At the time of writing, BONE was trading at $1.90. It’s up 42% in the last 30 days and up nearly 18% in a week. With a daily trading volume of $12,902,684, this meme coin indicates high investor interest and demand.

Shibarium is one aspect of the Shiba Inu roadmap, and BONE will play a major role as it will be the gas fee used on Tier 2. Ahead of the beta launch, BONE holders expect this meme coin to gain more listings on major crypto exchanges, especially Binance and Coinbase.

Also read: PlayStation and Shiba Inu are collaborating on a new game? What’s going on?

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The content presented may contain the personal opinion of the author and is subject to market conditions. Before you invest in cryptocurrencies, do some market research. Neither the author nor the publication accepts any liability for personal financial losses.

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