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Shiba Inu Team Unveils BONE’s Massive Potential: Reasons to Celebrate

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Lucie, the marketing lead for Shiba Inu, recently underscored the potential of Bone ShibaSwap (BONE) in investors’ portfolios. She detailed how BONE is set to become integral to the Shiba Inu ecosystem, boosting its demand and value.

In a recent tweet, Lucie highlighted BONE as the official gas fee token for Shiba Inu’s layer-2 blockchain, Shibarium. Users must use BONE to process transactions on this L2 network. This integration is crucial, as it embeds BONE deeply within the ecosystem’s functionality.

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Governance Role in Shiba Inu’s DAO

Lucie also revealed BONE’s future role as a governance token in Shiba Inu’s decentralized autonomous organization (DAO). This will allow BONE holders to vote on key decisions, influencing the ecosystem’s direction. Such a role could increase BONE’s importance and demand among the community.

Lucie pointed out that BONE’s supply is capped at 250 million tokens, with 229.92 million currently in circulation. This limited supply could drive up BONE’s value as demand rises. Lucie emphasized that scarcity, combined with growing utility, could significantly enhance BONE’s market position.

BONE’s utility extends to Shiba State, where it will help establish guidelines on data privacy, technology, and digital rights. Lucie indicated that BONE has substantial growth potential as Shiba Inu expands through new partnerships and projects. She anticipates that demand for BONE will surge, potentially driving up its price.

Despite its potential, Lucie cautioned that her insights are not financial advice, urging investors to be cautious. As of now, BONE is trading at $0.3645, down 13.41% in the last 24 hours and 28.21% over the past week, amid a broader crypto market dip. However, its 24-hour trading volume has spiked by 110.57% to $10.88 million. With a market cap of $83.47 million, BONE ranks as the 328th largest cryptocurrency.

Lucie’s insights paint a promising future for BONE. Its central role in Shibarium, governance in the DAO, capped supply, and expanding utility within Shiba Inu’s ecosystem could make BONE a valuable asset for investors eyeing long-term growth.

Shiba Inu’s New Era: Unlocking BONE & Shibarium Staking

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Shiba Inu has teamed up with K9 Finance and Unification, to bring innovative DeFi solutions and robust infrastructure within the Shibarium ecosystem. The strategic alliance is touted to open up a host of exciting developments.

K9 Finance, Shibarium’s Liquid Staking Derivative [LSD] platform is set to unlock the potential of BONE tokens by addressing traditional staking illiquidity. First, the platform will empower BONE holders to delegate to a validator, and earn yield, and receive a liquid staking token in return, which can be used across Shibarium and within K9 Finance to stake and earn more.

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Source: https://magazine.shib.io/

Secondly, Unification’s integration of the FUND token on the Shibarium Bridge expands the crypto offerings for the Shibarium ecosystem. Besides that, Unification’s expertise in cross-chain communication will facilitate a seamless connection between Shibarium to other blockchain networks. Additionally, its native decentralized node infrastructure [UNoDE] will enable asset exchange and collaboration across multiple chains, benefiting both users and the broader ecosystem.

Shiba Inu’s Accelerated Growth & Adoption

This partnership between Shiba Inu, K9 Finance, and Unification is expected to accelerate the growth of the Shibarium protocol. As per the official blog post, this new initiative hopes to onboard more diverse users, ranging from DeFi enthusiasts to newcomers, eager to explore the potential of decentralized finance within the Shiba Inu ecosystem

K9 Finance and Unification are not just building tools; they are building an ecosystem. Unification provides tools and building blocks, such as UNoDE, Oracle of Oracles (OoO), and Verified Online Randomness (VOR). UNoDE 1.0 offers Shibarium RPCs for users and developers, while UNoDE 2.0 promises full decentralization, allowing any validator or RPC node operator to add their RPC as a service for UNoDE users, enhancing decentralization and providing additional monetization opportunities for developers.

Shiba Inu Price Decouple

Shiba Inu’s recent price action reflects the development of the ecosystem. The meme coin posted a notable mini-decoupling from other altcoins over the weekend surging by over 5% in 48 hours. This price action has caught market attention, particularly SHIB holders, who are anticipating a continuity of the uptrend amidst broader market trends. 

Large investors particularly, non-exchange whales, have been on an accumulation spree. This action by these whales underscores growing confidence and long-term investment interest among the major players

Shibarium Integration to Revolutionize ShibaSwap’s Decentralized Trading

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ShibaSwap, the decentralized exchange (DEX) at the heart of the Shiba Inu ecosystem, is set for a transformative upgrade with its integration into Shibarium, Shiba Inu’s highly anticipated layer-2 scaling solution. This strategic enhancement, championed by the Shiba Inu community, aims to redefine decentralized trading by significantly boosting transaction speed, reducing costs, and strengthening security.

The announcement, emphasized in a tweet from Shiba Inu’s marketing lead, Lucie, highlights the multitude of benefits that Shibarium integration will bring to traders. Shibarium’s layer 2 technology promises lightning-fast transaction confirmations, ensuring that trading activities on ShibaSwap are smoother and more efficient than ever before. This upgrade addresses one of the major pain points in the crypto trading sphere—high transaction costs—by drastically cutting down the hefty gas fees that have plagued users on other exchanges.

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BONE Powers Shibarium Gas Fees

At the core of ShibaSwap’s ecosystem is its governance token, BONE. Initially designed as a reward mechanism for SHIB holders, BONE has grown to serve multiple crucial functions. Stakers who provide liquidity on ShibaSwap are rewarded with BONE tokens, which boast an attractive annual percentage yield (APY) of up to 33%. Beyond rewards, BONE holders possess proposal power, allowing them to influence the future direction of the DEX.

Significantly, Shibarium has now adopted BONE as its official gas fee token. This integration is pivotal, as a portion of these fees will be allocated towards burning SHIB tokens, gradually decreasing the overall supply and potentially enhancing the value of the remaining tokens.

ShibaSwap’s dual availability on Ethereum and Shibarium underscores its commitment to a multi-chain approach. This strategic decision not only diversifies opportunities for users but also boosts liquidity within the ecosystem. By combining Ethereum’s renowned security with Shibarium’s expedited transaction capabilities, ShibaSwap aims to offer a seamless, secure, and highly efficient trading environment.

As anticipation builds for the integration’s release, Lucie’s tweet hints at an imminent launch, promising an upgraded trading experience within the Shib ecosystem. Stakeholders and enthusiasts eagerly await further announcements from Shiba Inu’s official channels, anticipating a more robust, efficient, and rewarding platform with Shibarium at its core.

Shiba Inu’s BONE Set To Soar After ShibaSwap Integration

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Shiba Inu continues to expand its presence in the meme coin ecosystem as its decentralized exchange, ShibaSwap, starts its venture into layer-2 Shibarium. This strategic integration aims to enhance functionality and reduce the transaction costs troubling the L-2 ecosystem. Overall, the move aims to redefine the operational framework of dexes while keeping the foundational Ethereum blockchain roots intact.

Amidst these promising developments in the Shiba Inu space, BONE, the native gas token of Shibarium, is likely to see a spike in token utility and, potentially, its market value. This is because ShibaSwap’s integration into Shibarium will likely increase the demand for BONE as it becomes essential for transactions and liquidity activities on the new platform, possibly leading to a decrease in its overall supply. Hence, both seasoned traders and newcomers in the cryptocurrency world are poised to experience a new era of digital finance driven by efficiency and reduced overhead.

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Shiba Inu's BONE Set To Soar After ShibaSwap Integration 5

Beyond just a technical upgrade, seasoned moderator at Shibarium Tech, Maximous, stated that “ShibaSwap will now operate on both Ethereum and Shibarium chains, maintaining its core functionalities while expanding its capabilities to support the Shibarium chain as well.”

He also highlighted the dual-chain nature of the new ShibaSwap, noting that it allows for a significant reduction in transaction costs. “Users can now enjoy trading with drastically lower gas fees, making high-frequency trading more feasible,” he explained.

Shiba Inu: Unlocking BONE’s Potential

Regarding BONE, Maximous stated, “Both builders and users will need some BONE to use Shibarium, while projects will acquire BONE to add liquidity for their tokens and lock this liquidity, or even burn the liquidity tokens, locking BONE forever. This reduction in circulation is expected to boost BONE’s value over time.”

The integration also promises a more user-friendly experience, which is crucial for fostering wider adoption among those new to cryptocurrencies. The Shib Army, Shiba Inu’s dedicated community, stands to benefit significantly as they continue to support and adopt ShibaSwap’s enhanced functionalities.

Shiba Inu’s Supreme Soar as No.1 on WazirX

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Shiba Inu (SHIB), a notable meme coin and Dogecoin contender, has firmly established its presence in India, despite regulatory challenges in the crypto sphere. SHIB has emerged as the leading cryptocurrency traded on WazirX, a prominent Indian exchange. The SHIB team expressed gratitude for this achievement, attributing it to the steadfast support of the SHIBArmy.

In a recent announcement, the SHIB team highlighted the community’s role in propelling SHIB to the forefront of Indian crypto trading. They acknowledged WazirX’s acknowledgment of SHIB surpassing Bitcoin in March, stating,

“SHIB was one of the hottest coins on @WazirXIndia!”

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With Bitcoin trailing behind, other meme coins like Pepe Coin (PEPE) and Floki Inu (FLOKI) have also entered the scene. This milestone underscores SHIB’s resilience amid regulatory uncertainties and signifies the growing prominence of meme coins in India’s crypto landscape. Additionally, SHIB’s success on WazirX reflects the emerging dominance of local exchanges amidst regulatory restrictions on foreign platforms.

Shiba Inu Army’s Support Catapults Bone ShibaSwap to Victory

The Shiba Inu community has been buzzing with excitement as the official Shiba Inu Twitter account recently made a momentous shoutout to its dedicated followers. Shibarium gas token Bone ShibaSwap (BONE) clinching the coveted title of “#1 people’s choice” nomination on MarketCoinpedia. This milestone underscores the unwavering support of the Shiba Inu army, propelling BONE to the forefront of recognition.

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In parallel, the SHIB burns have surged exponentially, marking a staggering 2,355% spike within the past 24 hours. Over 110 million SHIB tokens were incinerated in a series of six burn transactions, with the largest burning over 105 million tokens. This surge is indicative of the community’s fervent commitment to token sustainability and value enhancement.

March witnessed a remarkable feat as well, with the disposal of a jaw-dropping 15.6 billion SHIB tokens, amplifying the monthly burn rate by 2,230%. The majority of these burns were orchestrated by the SHIB team, demonstrating proactive measures towards tokenomics stability.

The integration of Shibarium and the strategic utilization of BONE gas fees have fortified these burn initiatives, underscoring the community’s proactive stance towards token utility and longevity. As the Shiba Inu ecosystem continues to evolve, the collective efforts of its dedicated community ensure a resilient and thriving future for SHIB and its affiliated tokens.

BONE Unleashes Shib Army: 249M Tokens Ready to Rocket

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As the leading crypto exchange in Indonesia, INDODAX stays at the forefront of the industry’s rapid evolution. With the recent addition of BoneShibaSwap (BONE) to its ERC-network 20 platform, INDODAX offers investors a chance to tap into the thriving Shiba Inu ecosystem. But before you unleash your inner Shib, let’s delve deeper into the token and understand its potential.

Imagine a currency that grants you voting rights in a vibrant decentralized exchange (DEX) – that’s BONE in a nutshell. It’s the governance token of ShibaSwap, empowering the “Shib Army” to steer the platform’s future. From shaping trading pairs to influencing future non-fungible tokens (NFTs), the token holders wield a powerful voice in the ShibaSwap community.

ShibaSwap: The Ecosystem Where BONE Rules

Launched in 2021, ShibaSwap quickly became a haven for SHIB token enthusiasts. This platform allows users to trade their SHIB for other cryptocurrencies, with BONE acting as the crucial link. SHIB holders provide liquidity for the token rewards, earning attractive returns based on their staked tokens and duration.

Born from the same team that gave us the popular Shiba Inu (SHIB), the token stands tall as the second-largest dog-inspired meme coin. Its ranking on CoinMarketCap (#187 as of December 14, 2023) and impressive market cap (IDR 2,912,739,449,675) speak volumes about its potential.

By adding BONE to its platform, INDODAX opens doors for Indonesian investors to participate in the thriving ShibaSwap ecosystem. So, don your Shib gear, head to INDODAX, and unleash the power of the token!

BONE Booms: PointPay Fuels Shibarium’s 3M User Gateway

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BONE, the fuel that powers Shibarium, the much-anticipated blockchain from the Shiba Inu community, is ready to expand its reach further with a listing on PointPay, a pioneering crypto banking platform and exchange.

This exciting news, revealed by PointPay and celebrated by Shiba Inu marketing specialist Lucie, promises to open fresh avenues for SHIB enthusiasts and Shibarium’s growth. PointPay, aiming to empower unbanked and underbanked individuals, sees the token as a key to “bolster community engagement and pave the way for a thriving investment environment.”

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Source: X

2023 Fuels BONE’s Expansion

While the exact date for the listing remains under wraps, anticipation is high. This move is expected to significantly improve BONE’s liquidity and accessibility, further fueling the Shibarium ecosystem. The token’s journey, however, is not new. 2023 saw its adoption skyrocket, with major exchanges like CoinRabbit, GroveX, ICRYPEX, XT.Com, and Changelly welcoming it with open arms.

With PointPay joining the fray, BONE’s reach broadens even further. This Estonia-based platform boasts a diverse suite of crypto banking services, including a trading platform, blockchain bank, payment system, and a user base exceeding 3 million across 200 countries.

However, the BONE army’s ambition doesn’t stop there. Binance and Robinhood, two behemoths in the crypto exchange landscape, remain the ultimate targets. Community campaigns are in full swing, pushing for the token’s inclusion on these prestigious platforms.

Despite a slight dip in price over the past 24 hours, BONE’s future shines bright. The PointPay listing is a testament to its growing legitimacy and the Shibarium’s potential. With dedicated community support and strategic partnerships, the token’s journey is only just beginning, poised to unearth boundless opportunities for the Shiba Inu ecosystem.

LucieSHIB Sparks BONE Awakening And Record Transactions, Fueling Shibarium Surge

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In the whirlwind of cryptocurrency activities, the BONE token has emerged from dormancy, capturing the fervent interest of the crypto community. LucieSHIB, a revered influencer in this domain, stirred speculation among investors with a X post on December 1, 2023, proclaiming, “BONE looks awake,” suggesting an imminent surge within the token.

In a recent X post, LucieSHIB highlights the impressive performance of Shibarium transactions within the expansive Shiba Inu ecosystem. She revealed that the decentralized exchange experienced an unprecedented surge in transaction volume, scaling up to an impressive 5.1 million DT (Shiba Inu’s native stablecoin). LucieSHIB attributed this remarkable performance to increased traffic, escalated gas prices, and a noticeable uptick in token burns.

LucieSHIB Unveils BONE-SHIB Dynamics

The Shiba Inu ecosystem is gaining momentum, and LucieSHIB has emphasized the complex relationship between BONE and SHIB. Investors closely watch the interaction between these tokens as the activity increases on the ShibaSwap platform. The insights provided by LucieSHIB suggest that there is an increase in user engagement and a surge in token burns, which often indicate a positive trend in prices.

Anticipation looms large within the Shiba Inu community as they await further developments, especially regarding the impact of burgeoning gas prices on transactional costs and the overall user experience. In this evolving cryptocurrency landscape, enthusiasts closely monitor how the ecosystem navigates these challenges and opportunities.

BONE’s market price has experienced a significant increase of 15.35% in the last 24 hours, with the current value standing at $0.7248. In contrast, SHIB is currently trading at $0.000008396, reflecting a modest uptick of 0.77% over the same period. These figures highlight the cryptocurrency market’s volatility, with BONE demonstrating a notable uptrend and SHIB exhibiting a relatively stable performance.

The reawakening of the BONE token and the surge in Shibarium transactions underscore the dynamism inherent within the cryptocurrency community. Investors are watching these developments, seeking valuable insights that could chart the future course of Shiba Inu and its associated tokens in this ever-evolving crypto terrain.

Shiba Inu’s Shibarium Unleashes Potential, Transactions Skyrocket

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The Shiba Inu community has been buzzing with excitement lately, and for good reason. The project’s highly anticipated Layer-2 blockchain solution, Shibarium, has witnessed a notable surge in transaction volume, indicating a growing adoption and a bright future for the Shiba Inu ecosystem.

Since its launch in August, Shibarium has quietly been gaining traction, processing a steady stream of transactions. Recent data reveals a significant uptick in transaction volume, with over 4 million transactions recorded as of November 21. This growth is a testament to the project’s potential and the community’s unwavering support.

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Source: Shib.io

The increasing transaction activity on Shibarium can be attributed to several factors. Firstly, the Layer-2 solution offers significantly lower transaction fees compared to the Ethereum blockchain, making it a more attractive option for users. Additionally, Shibarium’s enhanced scalability and faster transaction speeds are further enticing users to migrate their activities to the new platform.

The surge in Shibarium transactions is not just a number; it represents a paradigm shift for the Shiba Inu ecosystem. As more users embrace Shibarium, it paves the way for a more vibrant and dynamic blockchain environment. This growth will undoubtedly attract new developers and projects to the ecosystem, further fueling its expansion.

At the heart of Shibarium’s success lies BONE, the native token that powers the blockchain. BONE serves as the gas token for transactions on Shibarium, and its growing popularity is closely linked to the network’s transaction volume. As more users engage in transactions on Shibarium, the demand for BONE increases, driving its value and utility.

BONE’s role extends beyond mere transaction fees. It also plays a crucial role in Shibarium’s governance mechanism, allowing token holders to participate in decision-making processes that shape the future of the blockchain. This empowers the Shiba Inu community to actively shape the direction of their beloved project.

Shiba Inu’s Shibarium: Promise for the Future

The increasing transaction volume and the growing popularity of BONE paint a promising picture for the future of Shibarium. The Layer-2 solution is poised to become a hub for innovation and development, attracting a diverse range of projects and users.

As Shibarium matures, it holds the potential to revolutionize the Shiba Inu ecosystem, enabling faster transactions, lower costs, and a more user-friendly experience. This, in turn, could lead to increased adoption and a broader impact on the blockchain landscape.

The surge in Shibarium transactions is a testament to the project’s potential and the community’s unwavering support. As Shibarium continues to evolve, it is poised to become a catalyst for innovation and growth within the Shiba Inu ecosystem and beyond.

Shiba Inu Ecosystem Soars Beyond Meme Origins: Shibarium’s Growing Influence

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Shiba Inu’s ecosystem has rapidly evolved from its origins as a meme-inspired cryptocurrency and now includes its layer-2 blockchain, known as Shibarium. Initially considered a competitor to Dogecoin, Shiba Inu has since become a major player in the crypto world with three key tokens: SHIB, BONE, and LEASH. Additionally, ShibaSwap, a decentralized trading platform, is integral to the Shiba Inu ecosystem.

Lucie, the marketing lead for Shiba Inu, recently took to the social media platform X to shed light on SHIB’s pivotal role within the Shibarium ecosystem. Beyond its initial reputation as a meme token, SHIB has become a governance token, steering decisions, and community initiatives.

Under the governance umbrella, SHIB holders could influence decision-making processes, propose community initiatives, and actively participate in council elections. This commitment to governance aligns with SHIB vision of community-driven development.

SHIB’s utility extends beyond its native ecosystem, finding acceptance as a legitimate payment method with notable companies such as AMC, Gucci, GameStop, and Twitch. This real-world adoption marks a crucial milestone, propelling SHIB beyond its meme origins into a versatile and valuable asset.

Shiba Inu Unleashes Versatility

Lucie detailed additional roles for SHIB within the “Charity Council” and the “Culture and Heritage Council,” further highlighting its multifaceted contributions. The wider Shiba Inu ecosystem remains in active development, marked by intermittent announcements of new projects and innovations.

Looking ahead, Lucie has floated the idea of Robinhood listing the BONE token, showcasing the team’s proactive approach to expanding Shiba Inu’s reach. CoinCodex’s algorithm predicts a potential rise to $0.000009534 by December 11, adding another layer of anticipation to Shiba Inu’s dynamic journey beyond meme fame.

SHIB has secured its position as the second-largest meme crypto, trailing only Dogecoin, with a market cap reaching $5.31 billion. Lucie emphasized the pivotal role of SHIB as the catalyst that paved the way for subsequent innovations like ShibaSwap, Shibarium, and Shi, showcasing its indispensable status in the Shiba Inu ecosystem.

As of the latest 30-day analysis, SHIB has experienced a remarkable 33% gain, contributing to its stronghold in the broader crypto market. Simultaneously, LEASH has seen a commendable 23% surge during the same period. However, BONE, utilized for gas fees on Shibarium, faces a 4% decline due to reduced activity on the layer-2 network, evident in the 9,230 transactions recorded in the past 24 hours, as per Shibariumscan data.