Shytoshi Kusama, the leader of Shiba Inu developers, has dropped another hint that has caught the attention of Shiba Inu enthusiasts. The hint may be related to the long-awaited launch of Shibarium, although it is not confirmed. Speculations around the launch of the L2 blockchain have also contributed to the increase in the value of Shiba Inu's BONE, which has surpassed the market capitalization of other top meme coins.
Shiba Inus BONE Price Suddenly Spikes
Shiba Inu enthusiasts have interpreted the use of three dots by Shytoshi Kusama as a signal that the beta release of Shibarium is imminent. As a result, the price of the Shiba Inu ecosystem token BONE has surged in the past 24 hours. BONE will be used as the gas token in the Shibarium Layer-2, which has contributed to a 4% increase in its value. BONE is now one of the top-performing tokens among the largest meme cryptocurrencies. Additionally, BONE's listing on Gate.io has also supported the recent price surge.
In an official blog post, it was announced that the crypto exchange would list Bone ShibaSwap with the trading pair BONE/USDT. The platform, which has over 12 million registered users, updated its trading page for ShibaSwap on Thursday and included a countdown to when the altcoin would go live.
At the time of writing, BONE was trading at a high of $1.90, reflecting a 42% increase over the past 30 days and a nearly 18% surge in the past week. With a one-day trading volume of $12,902,684, there is strong investor interest and demand for this meme coin.
BONE will play a significant role in Shibarium, which is one aspect of the Shiba Inu roadmap, as it will be used as the gas fee on Layer-2. As the Beta launch approaches, BONE holders are hopeful that this meme coin will gain more listings on major crypto exchanges, particularly on Binance and Coinbase.
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