Bone ShibaSwap has experienced a massive increase of more than 10%.
Shytoshi Kusama’s hints have sparked excitement in the Shiba Inu community.
Bone ShibaSwap (BONE), the governance token of the ShibaSwap DEX, has experienced a massive increase of more than 10% in the last 24 hours. This sudden rise in value has sparked curiosity and speculation within the crypto community. The BONE token has caught the attention of investors and traders with a remarkable surge.
On June 3, the gas token for Shib’s Layer 2 blockchain, BONE, started showing impressive performance. The trading price of BONE has edged closer to crossing the $2 landmark. The price surge comes after the lead developer of Shiba Inu, Shytoshi Kusama, dropped exciting hints about the upcoming launch of the Shibarium mainnet. And also the initiation of the Shibarium Layer-2 blockchain implementation process in Canada.
Shytoshi Kusama’s Hint on Shibarium Mainnet Launch
The Shiba Inu (SHIB) community is eagerly waiting for the most anticipated Shibarium mainnet launch’s update. Recently, in the Shibarium Tech telegram channel, Shytoshi Kusama stated that he is too busy launching the blockchain process. On Telegram, the SHIB community sent him a message requesting that he tweet that Shib 2.0 is a scam.
However, Shytoshi Kusama responded that he doesn’t have time to tweet about each new SHIB-related scam that surfaces. As a result, he gave a hint that the Shibarium mainnet launch may be coming soon. Earlier, he mentioned that everything was set for launch.
These recent hints have sparked excitement in the Shiba Inu community. The excitement in the ecosystem suggests that the BONE is expected to experience significant growth in the coming days. BONE plays an important role in the Shiba Inu ecosystem as a governance token and the authorized gas token for Shibarium.
Shibarium’s Impact on Bone ShibaSwap
According to Lucie, the Shiba Inu community can start taking Bone ShibaSwap, a governance token, as well as Shibarium’s gas token, into consideration as its trading price aims for $2-$3. Lucie’s statement has sparked some Serious discussions regarding the chances for BONE within the Shiba Inu ecosystem.
The upcoming launch of the Shibarium mainnet is expected to mark a significant milestone for the Shiba Inu ecosystem. After Kusama announced that he was set to launch the Shibarium motion in Canada, the anticipation for the launch went high among the Shiba Inu community. The launch of Shibarium is expected to enhance the scalability and functionality of the ecosystem. Moreover, it opens new opportunities for both developers and investors.
At the same time, Puppynet, the Shibarium testnet, has crossed the milestone of 25 million transactions. According to Puppyscan, there are 273,811 daily transactions in the Shibarium testnet. It takes the total transactions to reach 26,662,039. Moreover, the average block time in the Puppynet was 6.4 seconds. The Shibarium network activity increase suggests strong demand and a long-term surge in SHIB and BONE prices.
At the time of writing, the trading price of the Bone ShibaSwap is around $1.09, with an increase of over 13.61% in the last 24 hours. The trading volume of BONE has experienced a surge of 16.35%, according to CoinMarketCap.