Shibarium: New Exchange Lists BONE, Here's What's Happening to Price

One of Shibarium social media admins, @RagnarShiba, has shared news about BONE, the key token for conducting operations on Shibarium - it has been listed by yet another crypto exchange.

Timeline of Bone-shibaswap, Shiba-inu

Shibarium's mainnet sees about 200,000 daily transactions, with over 27 million $BONE gas fee tokens staked on the network. In the past 24 hours, $SHIB has increased by 2%, contributing an additional 82 million to its market capitalization.

From mid-August to mid-September, the SHIB price trajectory has been primarily downward, plunging from $0.00001136 to $0.00000695, registering a 38% loss. This decline effectively nullified all the profits earned during the July rally, even diving beneath the 61.8% Fibonacci retracement level.

Swiss-based producer of hardware crypto wallets Tangem has announced that in just in two weeks – in October – it intends to launch a new update to make it easier for users to manage their crypto in their wallets.

The crypto market is gradually opening up a new era of temporary bullish surges, as marked by the more than 1.2% surge in combined crypto market capitalization to $1.06 trillion. Trailing this related uptrend are XRP and Shiba Inu (SHIB), two popular altcoins with a well-defined community of backers.

Behind the scenes of the Shiba Inu token (SHIB), a noteworthy surge of activity has emerged, closely tied to the actions of major token holders, often referred to as "whales" in the crypto community.

The Shiba Inu (SHIB) meme coin is sustaining its attempt to regain its lost valuation, and this time, it is concentrating its efforts on boosting sentiment by drawing on the positivity in its burn rate. The burn rate metrics, according to data from Shibburn.com, show that a total of 61,229,037 SHIB tokens had been incinerated in the past 24 hours, a figure that represents 62% growth at the time of writing.

Shiba Inu (CRYPTO: SHIB) has seen a 65% increase in its burn rate, with over 61 million of its tokens burned in the last 24 hours. What Happened: The spike in burning activity comes as Shiba Inu whales continue to accumulate SHIB tokens, indicating their growing interest in the digital asset at its current price.

Lately, some of the most talked-about meme coins in the last few months, like SHIB, BONE, and LEASH, have been gaining popularity among various cryptocurrency exchanges. One of these exchanges, GroveX, which is based in Australia, has also joined in and added these assets to its platform.

As the cryptocurrency market shows minor signs of rebounding in the last 24 hours, Shiba Inu is signaling a potential bullish recovery as it approaches a key resistance level. After plummeting to its monthly support threshold, the SHIB token has staged a bullish turnaround, backed by mixed on-chain indicators.

Shiba Inu's marketing strategist, Lucie, recently took to X (formerly Twitter) to provide an insightful reflection on the multiple upcoming developments within the Shiba Inu ecosystem, including the eagerly awaited