BONE Price Jumps as Token Hits New Milestone As SHIB Army

article image

Yuri Molchan

Governance token BONE is becoming more and more frequently discussed by the SHIB community

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Bone ShibaSwap (BONE) meme coin has reached a new milestone in social sentiment on crypto Twitter, reaching 2.8 million mentions in tweets.

According to the data shared by CoinMarketCap, the token is currently changing hands at $0.8204, after a 3.44% rise over the last 24 hours.

BONE is the governance token on the ShibaSwap dex (the official decentralized exchange of Shibarium Layer 2 solution) and within the Shiba Inu ecosystem, allowing SHIB users to vote on new proposals, submit them and gain access to future NFTs. Besides, this is the “gas token” used on Shibarium for paying transaction fees and helps to burn Shiba Inu tokens.

After surging 21% on May 29, the price demonstrated a steep decline, starting to make attempts to recover now.

Shibarium testnet Puppynet launched on March 11 keeps growing every day. By now, it has performed more than 14 million transactions, and its total count of connected wallets stands at more than 16,108,541.

Source: https://u.today/bone-price-jumps-as-token-hits-new-milestone-as-shib-army