shiba inu A cryptocurrency belonging to the coin ecosystem has seen an increase of over 10% since the opening of the trading session on Monday. The coin’s intraday low was $0.8691, while its high was $0.9583. The hero of the rise is a ShibaSwap token, which has recently become popular on cryptocurrency exchanges. BONNET. As previously predicted, the bulk listing of BONE on medium and large exchanges will provide liquidity to the token.
Despite not having a huge price action, BONE has managed to grab the attention of major Ethereum holders. New from WhaleStats data According to the report, the cryptocurrency has become one of the most used smart contracts among the top 500 ETH whales.
JUST IN: $MKR @MakerDAO once again a MOST USED smart contract among top 500 #ETH whales in 24hrs 🐳
We’ve also got $BONUS, $AKITA, $HONEY, $BOBA & $AURA on the list 👀
Whale leaderboard: https://t.co/tgYTpOmDm0#MKR #whalestats #babywhale #BBW pic.twitter.com/ftvDyJbrnW
— WhaleStats (tracking crypto whales) (@WhaleStats) October 17, 2022
Koinfinans.com As we reported, however, unlike SHIB, which makes up 5% of their portfolio, BONE does not have a high investment ratio among the top 100 of this investor group. However, with the launch of Shibarium, where the token will be used as a gas fee, we can expect to see an increase in BONE in the portfolios of Ethereum whales.
BONE price action
BONE rallied in the past two days after the price managed to hold the important support at $0.83. In addition, BONE’s trading volume has increased by 23% in the last 24 hours.
The cryptocurrency reached its all-time high just a month and a half ago, at the end of August. At that time, BONE was trading at $2.4. Now BONE will need to increase by 150% to reach these values again.
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.