Shiba Inu's BONE Up 10% in Time for Christmas

Dec 26,2022
Shiba Inu's BONE Up 10% in Time for Christmas

The Shiba Inu ecosystem token BONE has risen by 10% in the past three days, just in time for Christmas. Since the end of the work week, the price of ShibaSwap token has increased from 0.755 dollars to 0.823 dollars as of December 25.

Interestingly, according to WhaleStats, when the price of BONE gradually rose, the token became one of the properties that the Ethereum holders of the top 500 chose the most. In addition, the turnover of BONE on December 18 and 19 increased by 3 times and 8 times.

What's wrong with BONE?

The mainstream media industry around Shiba Inu is more and more permeated with news rumors about Shibarium. People have been waiting for the Layer 2 ecosystem agreement for a long time, and the price of BONE will be adjusted more frequently. The initiator of this phenomenon is the BONE token. Only 70% of the total supply of 230 million BONE is in the circulation of goods.

The total market value of BONE at this stage is $131.5 million, and the total number of owners including Ethereum Dolphins is 64166 detailed addresses. At the same time, according to the data information of Etherscan, 17.96% of the total supply of BONE is concentrated in one location, and the detailed address also contains a few LEASH, SHIB, and many tokens of the Shiba Inu ecosystem.