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Tag: BONE

  • Shiba Inu’s BONE Pumps 20% and Outperforms SHIB

    Shiba Inu’s BONE Pumps 20% and Outperforms SHIB

    BONE, a cryptocurrency that is part of the Shiba Inu ecosystem and, in particular, the decentralized ShibaSwap exchange, has unexpectedly pumped up 20%. Meanwhile, SHIB is also rising but on a much smaller scale, and it is currently trading just 3.7% above today’s opening price.

    Source: TradingView

    What led to the surge in BONE quotations is unknown, although there are rumours online about the imminent release of new details regarding the long-awaited Layer 2 Shibarium protocol. Recall that the cryptocurrency is destined to play the role of a gas fee in the forthcoming innovation. Moreover, BONE should be a reward for developers and other contributors to the upcoming blockchain.

    BONE has the advantage over SHIB of a limited and extremely small number of tokens. Thus, the cryptocurrency’s total supply is only 250 million tokens, of which 20 million are reserved for the aforementioned rewards. Because of this fact, as well as a relatively small presence on the major exchanges, BONE may be more susceptible to explosive price spikes as it is today. Thus, the current pump is followed by a 170% increase in BONE trading volume, as shown on the CoinMarketCap page.

    BONE price action

    BONE has now reached $1.16, where it had previously shown two opposing performances. So for the first time, BONE quotes drew a figure at these levels, which can be compared with Bart Simpson’s hairstyle. For the second time, however, at the end of August, BONE rose from this zone by 106% to reach its all-time high of $2.4.

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  • Shiba Inu BONE Emerges as the Most Used Smart Contract

    Shiba Inu BONE Emerges as the Most Used Smart Contract

    Shiba Inu (SHIB) is unquestionably highly well-liked among whales, particularly whales of Ethereum (ETH). Few crypto assets have the capacity to establish themselves as household names. This alternative currency has perhaps made the most noise since 2021 and has risen to the top of the cryptocurrency field.

    The market capitalization of Shiba Inu once matched that of Dogecoin (DOGE). However, recently, cryptocurrency has fallen farther behind DOGE.

    According to statistics from CoinMarketCap, SHIB, which has a market worth of $5.5 billion, is ranked 15th among all digital currencies. At the time of publication, it had spiked 1.1% in value over the previous day and was trading at $0.00001007.

    It is not just SHIB, the entire SHIB ecosystem has been gaining whale attention. As per the data from WhaleStats, the SHIB governance token has emerged as one of the most used smart contracts among Ethereum whales.

    As per the data, BONE has surfaced as the most used smart contract among the top 500 ETH whales. At the time of writing, BONE is trading at $0.9843 with a 5.23% spike in price in the last 24 hours. The exact reason for the price hike is unknown as there haven’t been any major announcements regarding BONE.

    ETH whales love to hold Shiba Inu

    Data from WhaleStats also reveals that SHIB is the top-held token among the top 2,000 ETH whales. $124,490,426 worth of SHIB is currently being held by these whales. SHIB is followed by MKR, LOCUS, BIT, and UNI.

    In a comparison of the holdings of the top 100 ETH whales, SHIB ranks fifth with $1,215,530 worth of SHIB. SHIB has been having one of its best years, not in terms of price, but in development. However, the team is and has been working on several projects. One of the recent ones that were out is the Shiba Eternity game, which was a hit.



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  • Shiba Inu Token BONE Seeing High Utility From Whales, What’s Happening?

    Shiba Inu Token BONE Seeing High Utility From Whales, What’s Happening?

    Shiba Inu governance token, BONE, is seeing profound utility from whales as it ranks as one of the most used smart contracts among the top 500 ETH whales in the last 24 hours. Notably, BONE’s smart contract usage for this category of whales is up 100% in the last 24 hours.

    At the time of publication, BONE’s price was up 3.72% at $0.93. While the reason for the spike in utility remains unknown, it seems whales are content to employ another Shiba Inu ecosystem token while SHIB sits in their wallets.

    Whales continue to hodl Shiba Inu (SHIB), as seen in fewer active SHIB addresses in the last 24 hours per WhaleStats data. Shiba Inu (SHIB) also remains the biggest holding of the top 1,000 ETH whales, who are now hodling $124,278,892 worth of SHIB.

    SHIB is recording more “hodlers,” or long-term holders, as the bear market evolves. Per IntoTheBlock’s holders’ composition by time held, 36% of SHIB holders have held onto their tokens for more than a year, 61% have held within a year, and 3% have held onto their tokens for less than a month. At the start of 2022, the number of hodlers was far lower.


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    Shiba Inu can now be utilized on Amazon and Netflix

    According to an announcement made by the crypto payment gateway FCF Pay, Shiba Inu (SHIB) can now be accepted for its Prepaid Crypto Debit Card.

    SHIB thus becomes the first non-stablecoin accepted for the FCF Pay crypto cards, which can be used in several places, including Amazon and Netflix. The card could also be included in Google Pay to be used in-store.

    As reported by U.Today, FCF Pay announced support for the Shiba Inu trifecta — SHIB, BONE and LEASH — as it added BONE and LEASH as payment options across its merchant network a while back.



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