A Shiba Inu (SHIB) ecosystem altcoin, Bone ShibaSwap (BONE), has seen a significant surge in price despite the overall downturn in the crypto market. Here are the key points to note:
– Bone ShibaSwap is trading at $1.41, up from $1.23 in just one day.
– It is currently ranked 104th in terms of market cap and has experienced a 26% increase in the past week.
– BONE is used for paying gas fees on Shibarium, Shiba Inu’s new layer-2 scaling solution.
– The token’s price initially dropped due to technical difficulties with the launch of Shibarium, which led to its temporary closure.
– Shytoshi Kusama, the lead developer of Shiba Inu, has announced that testing and improvements of Shibarium have been successful, and they are close to reopening it to the public.
– Lucie, the project’s marketing strategist, has confirmed on social media that Shibarium is running smoothly in private mode, and the team is preparing to make it public soon.
Hot Take:
Despite facing initial setbacks, Bone ShibaSwap’s price rebound indicates growing confidence in the reopening of Shibarium. If the technical issues are resolved and the layer-2 scaling solution becomes fully functional, it could attract more users and potentially boost the value of BONE in the long run. Crypto enthusiasts should keep an eye on the developments surrounding Shiba Inu’s ecosystem altcoin.
By
By
By
By