NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bone ShibaSwap (BONE) Spikes 20% In A Week – Here’s Why

Olowoporoku Adeniyi
Olowoporoku Adeniyi
1 year ago
3 mins read
Bone ShibaSwap (BONE) Spikes 20% In a Week: Here’s Why

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Shiba Inu ecosystem token BONE has experienced a price surge of 20% making it one of the best-performing altcoins in the past week. This starkly contrasts the crypto market, which experienced a significant consolidation during this period. 

BONE has benefited from a few developments in recent weeks. This includes the impending launch of layer-two blockchain Shibarium and recent listings on top exchanges. 

Shibarium Announcement Sparks Bone Price Rally 

Shibarium is the much-hyped layer-2 blockchain touted as a game-changer for the Shiba Inu ecosystem. Since the announcement of its development in 2022, there has been great anticipation for its launch. 

Shiba Inu’s main developer, known as Shytoshi Kusama, recently validated rumors by YouTuber YourPop8 about Shibarium. The latter had said on February 18 that the beta version of Shibarium would be released the following week. 

The ShibArmy Canada Twitter account had initially dismissed YourPop8 notion by stating that a YouTuber won’t announce the release. But Kusama replied to the post by saying ‘’when he is right, you owe him an apology.” 

Related Reading: Shiba Inu Based BONE Poised For New All-Time High? Here’s Why

Unsurprisingly, Kusama’s comment has led to optimism in the Shiba Inu ecosystem. Buoyed by this, BONE went from $1.46 to a weekly high of $2.10. Its price subsequently corrected, and it fell as low as $1.83. However, at the time of writing, BONE is back on a bullish trend and is up 20% over the last seven days. 

BONE price in the last 7 days. Source: CoinMarketCap .
BONE price in the last 7 days. Source: CoinMarketCap.

Apart from Kusama’s comments, BONE has also experienced a wave of listings on exchanges. Earlier in the week, Gate.io announced it would support Bone ShibaSwap with the trading pair BONE/USDT. This is viewed as a positive move as the exchange has over 10 million registered users. 

It is common for tokens to experience price surges following listing on a popular exchange. BONE followed suit as the token experience a price spike of 6% following the announcement. 

Bone is not yet listed on Binance and Coinbase, the two largest exchanges in the world. There’s a growing expectation that the launch of Shibarum will bring about listings from notable exchanges in the future. 

What’s The Hype Behind Shibarium?

Many crypto enthusiasts have pushed Shibarium as a significant development for good reasons. Shiba Inu has developed into a decentralized ecosystem of products built on the Ethereum blockchain. 

Related Reading: Why Blockchain And Crypto VC Funding Is Down In Q4, According To This Report

Ethereum blockchain is often congested, and the switch to Proof-of-Stake has still not solved the problems of gas fees. Shibarium is being developed as a cheaper and more scalable alternative to the Ethereum blockchain. 

It is a layer-2 blockchain built on Ethereum, similar to Polygon and Arbitrium. Shibarium will be used by Shiba Inu products and other applications that want to develop on this new network. BONE, as Shibarium’s native token, will be used to pay commissions to validators similar to ETH on the Ethereum network. For now, BONE, like SHIB, are ERC-20 tokens, and when Shibarium launches, they’ll also have a version on its network. 

 

BONE price trend set to test $2 resistance level @source TradingView.com
BONE price trend set to test $2 resistance level @source TradingView.com

Featured Image from Coingecko.com, charts from Coinmarketcap.com and Tradingview.com

Tweet123Share196ShareSend
Olowoporoku Adeniyi
Olowoporoku Adeniyi

Olowoporoku Adeniyi

Situs Pkv Games
Pkv Games
pkv games qq
Pkv Games bandarq
daftar Pkv Games qq
qq online

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum Stagna: I Dati On-Chain Mostrano Accumulo da Parte delle Whale

Ethereum continua a mostrare un movimento di prezzo limitato verso l’alto, nonostante i guadagni registrati la scorsa settimana. Negli ultimi...

clararosati 8 hours ago
Bitcoin Moves Up, Dogecoin Surges Above Key $0.17 Mark; Token6900 Set to Explode

Bitcoin Moves Up, Dogecoin Surges Above Key $0.17 Mark; Token6900 Set to Explode

Bitcoin climbed above $109K, triggering a surge across the markets: Ethereum ($ETH) – up 4.65% XRP ($XRP) – up 3.86%...

Aaron Walker 9 hours ago

Smart Contract Lock and CertiK Audit: The Driving Factors Behind $FUN’s Breakout

Web3 gaming’s FUNToken emerges with strengthened fundamentals following smart contract lock implementation and CertiK audit clearance. Trading at $0.009894 as...

News BTC 9 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

TD9 Setup On Bitcoin Price Chart Suggests It Could Take 4 Years To Reach $149,000 — Details

Scott Matherson 1 hour ago
Dogecoin price news

Dogecoin’s Quiet Setup Could Detonate Shorty, Says Analyst—Here’s The Target

Jake Simmons 4 hours ago
Bitcoin

The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead

Christian Encila 7 hours ago

Premium Sponsors

Press Releases

  • The smartest way to make money in 2025: Invest in cloud...

    5 hours ago
  • 仮想通貨プレセール注目|ビットコイン、2025年第3・第4四半期が最良期と予測

    ...

    6 hours ago
  • Bitcoin vs. Gold: Which Is the Best Investment In 2025?

    6 hours ago
  • Profit of $5,735, senior trader uses Ripple (XRP) to open...

    6 hours ago
  • 仮想通貨おすすめ|SPX6900のように急成長が期待される最新ミームコインプレセール

    ...

    7 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.