Attention! This Altcoin Breaks Google Search Records! Storms Will Break in September!
As the crypto winter continues unabated, investors have focused on altcoins that can record surprise price increases with their updates and new projects.
BONE Spotted: Shibarium Coming in September!
Google Trend data has revealed that the demand for BONE, the management token of the Shiba Inu (SHIB) ecosystem Bone ShibaSwap, has reached incredible levels. The phrase "How to Buy BONE Token" breaks records in Google searches. According to analysts, there are several reasons why BONE attracts investors. First of all, the highly anticipated Shibarium launch plays a big role in this process. The first and foremost reason for the increase in BONE searches is the launch of Shibarium. According to the latest update provided by Unification XFUND, a blockchain service provider involved in the development of the Shibarium layer-2 solution, Shibarium The Public Beta Testnet could launch in the third quarter. Since September is the last month of Q3, the Shiba Inu community may be waiting for breaking news about the launch of Shibarium.
BONE has an important use case in the Shibarium layer-2 Network. BONE will act as a native “Gas Token” for Shibarium, meaning every user in the Shibarium network will need a BONE to make any transaction. Considering the use case of BONE in its ecosystem at Shibarium, the Shiba Inu community is rushing to acquire a much more limited number of BONE tokens compared to Shiba Inu. In total, there are 230 million BONE tokens. According to analysts, BONE price could reach new highs with the launch of the Shibarium network.
Rally and New Listings Continue!
Despite the unfavorable market conditions, BONE has had an incredible performance over the past two weeks. CoinGecko, the world's largest independent cryptocurrency data monitoring site, reported that the value of BONE has increased by over 100% in the past 14 days. On August 25, the BONE price was $0.8360. Due to high demand, the value of BONE has almost tripled in just five days. BONE hit a record $2.33 on August 30, 2022. Following this rally, BONE experienced a slight correction. BONE is trading at $1.73, up 6% in the last 24 hours. The 24-hour trading volume is $18,257,215 (18.25 million).
Major centralized cryptocurrency exchanges have listed BONE, including Hong Kong-based top exchange LBANK and Cayman Islands-based cryptocurrency exchange Bitmart. Crypto.com, one of the leading cryptocurrency platforms, has also recently given hope to the Shiba Inu Community that they can list BONE.
Follow us on Twitter, Facebook, and Instagram to be instantly informed about the latest news.
Post a Comment