CoinEfficiency

Shiba Inu (SHIB) and Bone ShibaSwap (BONE) Show Strong Potential Amid Market Fluctuations

Discover how SHIB and BONE are navigating the cryptocurrency market, with BONE gaining traction and SHIB facing challenges despite increased burn rates.
Published on 2022-10-24

Bone ShibaSwap (BONE) Sees Significant Gains

Bone ShibaSwap (BONE), the gas fee token of the SHIB ecosystem, has surged 10.1% over the past week, capturing the attention of top Ethereum whales. This interest is partly driven by the SHIB Army's relentless advocacy for listings on major exchanges like Binance, Robinhood, and Coinbase.

Shiba Inu (SHIB) Faces Challenges

SHIB remains near the critical resistance line at $0.00001, despite a 3,359% increase in burn rate, with 45 million tokens burned in 24 hours. The upcoming SB Visa Card, integrating SHIB and BONE burning, could be a turning point.

Why It Matters

Both SHIB and BONE are poised to lead the memecoin race, backed by strong community support and whale interest. Their potential, especially with Shibarium's anticipated launch, makes them worth watching in the crypto market.

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