Shiba Inu (SHIB) governance token BONNET The price increased by 25% in a short time. The token, which is used as a gas token in the Layer-2 solution called Shibarium, is part of DEX’s governance system.
As we have reported as Koinfinans.com, it is a Layer-2 solution. shibarium long awaited. As a matter of fact, although the developers often delay the release date, they confidently announce that it will be released in 2022.
Bone ShibaSwap was built to complement SHIB and LEASH in terms of supply and circulation. With the help of the serving BONE token, the governance token, the SHIB community also has the opportunity to approve Doggy DAO offers. Voting consists of choosing which trading pairs to list on the ShabaSwap exchange.
What is Bone ShibaSwap
Token; shiba inu community is used to vote on proposals from Shibaswap. The amount of BONE a user has also increases his power in voting. The total supply of the token was determined as 250,000,000 and this supply was determined by a certain balance.
Uphold exchange announced the BONE listing. This development was one of the factors that increased the token price by 25% in the last 7 days. As a matter of fact, this listing came after the pressure of the community and encouraged other exchanges.
After Uphold’s listing, Sun Crypto also listed BONE. The listing of StealthEX also accelerated things. These listings also excited the community that they came after community pressure.
As a result, the community increased the pressure for Binance to list BONE as well.
Bone ShibaSwap is trading at $0.840582 with a 24-hour trading volume of $6,038,906. As a result, the price of the token has dropped 5.28% over the past 24 hours.
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.