Shiba Inu‘s BONE Soars 10% After This Popular Exchange Adds Support for Shibarium
TL;DR
- A well-known crypto exchange allowed customers to purchase BONE tokens through its platform and send them to Shibarium.
- Following the announcement, there was a significant increase in the price of BONE.
Shibarium’s Marketing Strategist, using the name LUCIE on X (formerly Twitter), praised crypto exchange gate.io for supporting its layer-2 blockchain solution. Users are now allowed to purchase BONE tokens through the platform and send them to Shibarium.
BONE (the governance token of shiba inu decentralized exchange ShibaSwap) reacted positively to the news, with its price increasing by over 10% on a daily basis, reaching almost $0.70. In the following hours, it retreated slightly and fell to its current level of $0.66 (according to CoinGecko’s data).a big shout @gate_io to promote #shibarium Support!
Now buy and ship Bone easily #shibarium Via Gateio. appreciate it
Thank you pic.twitter.com/TOjYOXe42k
— | Shibarium(@LucieSHIB) January 15, 2024
BONE Price, Source: CoinGecko
Shibarium has also witnessed some revival after Gate.io’s engagement. Daily transactions on the network rose to almost 2.5 million: the highest figure in a week.
Shibarium officially I saw the light of day In August last year, countless milestones have been achieved since then. Like CryptoPotato Lately reportedWhile the total number of transactions exceeds 250 million, wallet addresses are approaching 1.4 million.
Shiba Inu’s scaling solution is designed to support the meme coin’s ecosystem and elevate it above its competitors by lowering transaction fees and increasing speed. Those who want to learn more about the feature can check out our video below:
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