Shibarium News: Shiba Inu developers are all set to launch the much-awaited layer-2 network known as Shibarium. This news gave wings to Bone ShibaSwap (BONE), a cryptocurrency that is a part of the Shiba Inu ecosystem. It is experiencing some significant price changes while developers work on Shibarium.
Shibarium’s release date is not confirmed yet but Shytoshi Kusama, a developer going by the pseudonym, recently mentioned that Shibarium will come far before its projected May release. The developers are working in a way that BONE has a range of use cases for the token, once the Layer 2 blockchain is launched.
BONE Price Surges
The upcoming launch of Shibarium has increased the frequency of meme coin price changes. Earlier on Tuesday, a tweet from Bone ShibaSwap’s official Twitter handle grabbed the attention of the SHIB community.
“The most #important topics for everyone!
1. It has been confirmed that #Shibarium Beta will be released next week
2. Over a million #Shiba holders will buy $bone for very low fees and burn $Shib with every transaction.
3. You will need #bone for everything in the #shib ecosystem”
BoneShibaSwap (@BoneShiba), February 21, 2023
Following this tweet, crypto fanatics went crazy over the token as volumes of BONE have soared over 45 percent in the last day. Read More Shibarium News Here…
At the time of writing, Bone ShibaSwap was holding on to the 100th position in CoinMarketCap rankings, with a live market cap of $429,542,538. The current price of the $BONE token rose from $1.66 to $1.90, an increase of around 13.24% in the last 24 hours.
It has a circulating supply of 229,928,509 BONE coins, according to the price tracking platform CoinMarketCap. The Shiba Inu ecosystem token, Bone ShibaSwap ($BONE), has gained 37.65% over the last seven days. If the token stays in the top 100 cryptocurrencies based on current market capitalization, BONE could reach $2.5 in the near future.
Also Read: Solana ($SOL) Soars As Helium Sets Migration Date; Here’s More
