© Reuters. Shiba Inu’s Bone ShibaSwap (BONE) Rises 88% In Just A Day – Here’s Why
It’s a big day for the Shiba Army, as Bone ShibaSwap (BONE) rises by 88%, while the (SHIB) developers present their first Asian-inspired visual for the SHIB Metaverse. Meanwhile, the lead developer mysterious Shytoshi Kusama stepped in to rejoice along with the Shiba Army for the governance token’s recent success, he reassured that Shiba Inu (SHIB) is always going to be the jewel in the crown.
#Woof!!!! #Bone $BONE (Fudders feeling like Broly below…) and don’t worry… #Shib is and always will be the focus. But let the ecosystem shine #SHIBARMY. #SHIBARIUM #SHIBAETERNITY #TREAT #LEASH #SHI #SHIBOSHIS Let’s Woofing GOOOO!!! pic.twitter.com/mZenbpRpiM
— Shytoshi Kusama (@ShytoshiKusama) August 29, 2022
ShibaSwap Takes The Throne
First of all, the decentralized exchange ShibaSwap, native to the Shiba Inu (SHIB) Ecosystem, overtook UniSwap V3, PancakeSwap V2, and dXdX by market cap, to claim the #1 position. Besides, the Shiba Army rejoice over the partnership between MEXC Global x Shiba Inu (SHIB) is worth the attention it gets on Twitter (NYSE:), as 5,555 BONE Prize Pool (NASDAQ:) is shared between any new customers on the MEXC Global crypto platform that sign up and trade the beloved $BONE.
This comes just a day after Bone ShibaSwap (BONE) broke a decisive resistance line. Some crypto enthusiasts argue it’s because of the upcoming Shibarium Layer-2 upgrade. One member of the Shiba Army even prompted the SHIB Army to “get the space suits ready”.
$BONE Just broke resistance make sure you guys have your space suits ready #SHIBARIUM#SHIB #LEASH #BONE pic.twitter.com/wsiX760fwP
— BONE HOLDER (@humpbackbone) August 29, 2022
At press time, Bone ShibaSwap (BONE) trades at $2.07, which marks a massive 88% daily increase, the best day for $BONE since the all-time high at $15.50 on July 7th, 2021. In addition, $BONE records enormous weekly gains of 164.9%. Ranked #201, can the Shiba Inu (SHIB) Ecosystem’s governance token enter the big league of crypto? Shiba Army surely thinks so, as the voting to get $BONE listed on numerous crypto exchanges eagerly continues.
$288M of Shiba Inu (SHIB) Put To Torch
On top of that, Shiba Inu Ecosystem’s main token, the 12th by market capitalization Shiba Inu (SHIB) has enjoyed a gigantic spike in the SHIB burns. The burning process has accelerated by 415.55%, according to Shibburn. With 288,668,578 $SHIB (Shiba Inu) tokens up in smoke, a positive impact on the market price is inevitable.
In the past 24 hours, there have been a total of 213,344,808 $SHIB tokens burned and 14 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy
— Shibburn (@shibburn) August 30, 2022
At press time, Shiba Inu (SHIB) trades at $0.00001268, with 6% gains in the past 24 hours, according to CoinGecko. Having a walk in the green forest is a continuous habit for Shiba Inu (SHIB), as the 2-year-old memecoin holds a 77% yearly profit.
On the Flipside
- The main token of the ecosystem, Shiba Inu (SHIB) lately had to fight the bears along with the rest of the TOP 100 altcoins. Partly due to (ETH) whales causing a massive sell-off, other factors like the increase of FED interest rate added to the fuel.
Why You Should Care
The $BONE has risen thanks to the lively community behind Shiba Inu (SHIB). Moreover, the Shiba Army aims to list $BONE onto centralized exchanges like Binance and Coinbase (NASDAQ:). Finally, the Shiba Army is constantly at the center of attention on Twitter.
Read about Shiba Inu’s (SHIB) developer presenting Shiba Eternity at Gamescom ’22
Find out how you can set Shiba Inu (SHIB) aflame with the help of Amazon (NASDAQ:) via SHIB SuperStore
Learn why despite a short sell-off Ethereum (ETH) whales give the gold medal to Shiba Inu (SHIB)
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