The post BONE skyrockets post successful ShibaSwap Shibarium integration appeared on BitcoinEthereumNews.com.

Following the successful implementation of ShibaSwap to Shibarium, the project’s layer-2 scalability solution, the value of Bone ShibaSwap (BONE), the governance token of Shiba Inu’s decentralized crypto exchange platform and the official gas token of Shibarium saw a double-digit spike. The decentralized cryptocurrency trading tool ShibaSwap has finally returned to Shibarium, according to a statement issued by the Shiba Inu development team on Wednesday. The platform is currently operating as a multi-chain DEX on both the Shibarium blockchain and the Ethereum network, which is a significant development for the business. With this integration, ShibaSwap enters a new age of adaptability and capability, which strengthens rather than replaces its core Ethereum links.  According to CoinMarketCap statistics, BONE experienced a remarkable 20% increase following the optimistic statement. It went from $0.5725 at 8 PM ET on Tuesday to $0.688 at 10 AM ET on Wednesday. Positive remarks from important players in the Shiba Inu project contributed to BONE’s increase.  The project’s principal creator and creative force, Shytoshi Kusama, expressed hope for ShibaSwap’s future. Although there has been a lot of progress in integrating ShibaSwap into Shibarium, Kusama pointed out in his speech that much more work remains. Furthermore, Kaal, the Shiba Inu development team’s head developer, who goes by Kaal, shared Kusama’s opinions.  Kaal assured the community that the team would continue to dedicate itself to the project’s advancement and enhancement. In a statement, Kaal said that the team would continue to release updates and enhancements on a regular basis going forward. Investors and community members were further encouraged by Kaal and the development team’s dedication to innovation and constant improvement, which fueled the price of BONE’s upward momentum.  The impressive tenfold increase in the value of BONE, ShibaSwap’s native token, may be a combination of elements that has increased the wave…

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Filed under: News - @ May 17, 2024 9:18 pm