Altcoins

Shiba Inu’s BONE Price Spikes Suddenly; Here’s Why?

Shiba Inu Coin News: Shiba Inu enthusiasts have drawn attention to the fact that Shytoshi Kusama, the leader of Shiba Inu developers has again dropped a hint. Which may or may not be related to the long-awaited launch of Shibarium. Speculations around the L2 blockchain launch also gave a boost to Shiba Inu’s BONE which is outperforming the top meme coins by market capitalization.

Shiba Inu’s BONE Price Suddenly Spikes

The aforementioned SHIB fans assumed that Shytoshi Kusama used three dots as a symbol to let the community know that it is now time to get down to the Shibarium beta release. Due to these latest hints, the price of the Shiba Inu ecosystem token BONE has seen a surge in the last 24 hours.

With BONE set to be the gas token used in the Shibarium Layer-2, its price zoomed by 4% in the last 24 hours making it one of the top gainers among the biggest meme cryptos. However, this surge is also backed by its listing on Gate.io.

As previously reported by Coingape, the crypto exchange will be listing Bone ShibaSwap with the trading pair BONE/USDT via an official blog post. The platform, which has over 12 million registered users updated its trading page for ShibaSwap on Thursday with a countdown to when the altcoin will go live.

At the time of writing, BONE was trading at a high of $1.90. It is up 42% in the last 30 days and surged nearly 18% in the week. With a one-day trading volume of $12,902,684, this meme coin is indicating strong investor interest and demand.

Shibarium is one aspect of the Shiba Inu roadmap and BONE will play a major role as it will be the gas fee used on Layer-2. Ahead of the Beta launch, BONE holders are expecting to see this meme coin gain more listings on large crypto exchanges, especially on Binance and Coinbase.

Also Read: PlayStation, Shiba Inu Collaborating For New Game? What’s Happening?

   

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