shiba inu Trading volume of token BONE, which is part of the token BONE ecosystem, suddenly increased by around 70% on December 8 as traders rushed to take advantage of the recent price action in the market.
After days of impressive price hikes, the bulls took a breather as BONE hit $0.987 on Dec. Meme coin price has lost value along with the general declines in the crypto market. After three days of losses, BONE touched a support of $0.81, where buyers emerged and the cryptocurrency rebounded slightly. BONE rallied to its intraday high of $0.864, forming a green candle on the daily chart. It is worth noting that this level also corresponds to the daily MA 50, where the bulls face a hurdle. At press time, BONE is trading at $0849, up 1.21% in the last 24 hours.
On the other hand, as the year draws to a close, it seems that the Shiba Inu ecosystem is carrying out various activities to complement the developments it started earlier in the year.
Shiba Inu’s metaverse account is a spark that has mobilized the meme coin community. announcement shared. The company invited the community to Ryo Plaza’s fireplace chat on Dec. 8, the announcement said that one lucky participant will receive a free SHIB: The Metaverse Silver Fur Land.
A quick agenda change before Ryo Plaza! Tomorrow’s fireside chat will a special Holiday fireside chat. With 2023 just around the corner, come and join us for a recap of this past year in the Metaverse, some new surprises, along with our giveaway!
For this week? Sneak Peek below. https://t.co/JUefdLwSzD pic.twitter.com/SBX4GBJ0Ca
— SHIB The Metaverse (@ShibTheMV) December 7, 2022
Shib developer “Trophias” is an encrypted tweet published.
“Little Tuesday update: V1 Design completed; Content termination continues – Launch will be phased out to aid content flow.”
Koinfinans.com As we reported, it is also seen that whales accumulate Shiba Inu ecosystem tokens at the last minute. According to WhaleStats data, meme coin SHIB is among the top 10 assets purchased for the largest ETH whales and has likewise regained its position as the largest investment for the top 100 ETH whales.
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.