April 26, 2024

$BONE Token is up 33% in the last 7 days, is that why?

Current project development activitiesShiba inuis a catalyst for the growth of the token's price$BONE.

$BONEis a token of a decentralized exchangeShiba Inu, ShibSwap. Indeed, the ShibSwap Defi exchange waslaunched as an option to use Shiba Inu tokens, as well as to burn the supply of Shiba Inu tokens. Until now, $BONE and $SHIB are only tokens, which means that they do not work on the native blockchain network.

Over the past 7 days, the $BONE token has increased by approximately33.62% thanks to ongoing developments by the Shiba Inu project team. On January 5, the Shibarium network team announced that they would soon launch a beta version of the Shibarium blockchain.

Shibarium update. Ahead of the upcoming beta launchShibarium network, we would like to thank the Shiba community for the energy and excitement surrounding the upcoming phased implementation. The team also confirmed that the $BONE token will be “native” coin on the Shibarium network, which means that the Shiba Inu token (SHIB) will not play any role and people will be forced to hold the $BONE token to pay for gas on the Shibarium network.

It is worth noting that the Shiba Inu project teamis working on the Shibarium blockchain project, but they will not be introducing Shiba Inu as a native token. This will be very unfair to the supporters and holders of the Shiba Inu token. If we look at how this news will affect the Shiba Inu token, we will find that nothing has happened. The current trading price of Shiba Inu tokens has decreased by 2% over the past 24 hours.