ShibaSwap ($BONE) price has surged over 10% over the last six days.

Rumors around the Shibarium beta version launch have increased.

The cryptocurrency market started this week with a positive trend. The Shiba Inu’s ShibaSwap ($BONE) trend indicates signs of a significant price spike due to the roadmap’s list of events anticipated for later this year.

Shiba Inu ($SHIB)  began as a basic meme token, but now SHIB’s developers have subsequently shifted their attention to making $SHIB a meme token with a real utility to attract more investors. The project is moving toward establishing itself as a value-based multifaceted ecosystem with the next beta version release of the Shibarium. 

However, the Shib community is awaiting the upcoming layer two (L2) project Shibarium, which was rumored to be launching by the third quarter of this year. Shiba Inu and its related tokens have started surging since several prominent members of the $SHIB community have posted animated pictures of countdown clocks on social media.

BONE Price Surges

Shibarium, the eagerly anticipated Layer 2 ecosystem protocol, has been the subject of news and speculations in the Shiba Inu community sphere, and this has increased the frequency of BONE price changes. 

The Shiba Inu ecosystem token, Bone ShibaSwap ($BONE), has gained 10% over the last six days. At the time of writing, the price of the $BONE token rose from $0.755 to $0.827. Also, ShibaSwap has a $132 million, increase of around 1.20% in the last 24 hours.

ShibaSwap ($BONE) price chart (Source: Tradingview)

Further, according to WhaleStats, the $BONE was one of the most frequently purchased assets by the top 500 Ethereum holders on December 22, the day BONE’s price began to climb. Additionally, BONE experienced greater trading volumes on December 18 and 19, which were 3 and 8 times higher than the average values.

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Filed under: Bitcoin - @ December 26, 2022 6:09 am