This time Whale goes for BONE.
A New Whale of the Shiba Inu’s Governance token Bone ShibaSwap has recently emerged. The whale added $1.52 Million worth of BONE to her wallet.
Etherscan.io data reports that a brand new Whale accumulated a whopping 1,100,000 (1.10M) BONE, worth $1,529,000 ($1.52M) through one significant transaction in the past 24 hours. As per the report, the massive buy transaction took place about 10 hours ago from press time.
New Whale Accumulated 1.10 Million BONE
Following the purchase, the wallet is ranked 17th among the biggest holders of Bone ShibaSwap.
As the potential release of the much-awaited Shibarium – Layer 2 Solution draws near, more and more major exchanges and large investors are showing interest in Shiba Inu’s governance token, Bone ShibaSwap. This is because BONE is going to be the main token used to pay for the transaction fees (native gas token) on the Shibarium protocol. This is expected to increase the demand for the token in the near future.
Recently, the Bone token has been listed on several major exchanges, including Uphold, a New York-based crypto exchange, SunCrypto, India’s leading digital assets exchange and StealthEX, a Cayman Islands-based cryptocurrency exchange. This is a positive development for the token, as it increases its accessibility and liquidity for traders and investors.
Apart from this, the BONE token has also seen a strong performance in the past month. According to data from CoinGecko, it has risen 69.9% in the last 30 days. At the time of the report, BONE is currently trading at $1.39, down -0.6% in the last 24 hours with a trading volume of $5,067,625.