Shibarium Token BONE Scores Major Listing, Price Reacts

The Shibarium gas token, which is also the Shiba Inu governance token, Bone ShibaSwap (BONE), has scored a new exchange listing. Shiba Inu team member Lucie calls attention to the latest development in a new X post.

Timeline of Bone-shibaswap, Shiba-inu

Cryptocurrency tracker Whale Alert has spotted a staggering chunk of Shiba Inu shifted over the past 24 hours. The transaction carried several trillion SHIB worth nearly $40 million.

The crypto market is welcoming a slow but broad-based sell-off as key triggers that deepened the losses experienced since the start of the week appear to be wearing off. Shiba Inu (SHIB) is one of the mainstream tokens with a positive start to the day after picking up a 5% upsurge to peg its price at $0.000008187 at the time of writing, per data from CoinMarketCap.

Off the back of the much-anticipated Shibarium launch, the SHIB burn rate has seen a tremendous rise. This surge in the burn rate comes despite the Layer 2 blockchain running into problems on the day of its launch last week, and still being in private mode.

4.6 trillion Shiba Inu tokens have been spotted to have moved from Bitvavo exchange to a wallet whose details remain unknown. The tokens are said to be worth 38.39$ million at the time of writing.

Shiba Inu (SHIB) has recently witnessed a tumultuous journey marked by a sharp reversal from its peak at $0.00001136. This reversal, known as a V-top, has raised significant concerns within the crypto community and the trading floors.

A huge Shiba Inu (SHIB) whale has been activating ‘whale alerts' in the crypto community with a total of 13 transactions that follow the same pattern, which could indicate that they were done by the same entity. Finbold looked at the ‘4 trillion token shuffle' tracks, and this is what was found.

Shibarium, the scaling solution from the Shiba Inu team, has achieved new milestones after experiencing a significant wave of adoption and user engagement following its launch. SHIB Community Euphoria Sparks Shibarium Meteoric Rise According to a report on August 21, the Shiba Inu ecosystem recorded an astonishing number of new wallets, with over 10 million wallets registered following the launch of the Shibarium network.

Tangem, a pioneering player in the field of blockchain-based hardware wallets, has taken a stride forward by unveiling its next batch of Shiba Inu (SHIB) hardware wallets. Taking to the X platform to spread the word, Tangem declared that “the next batch of SHIB Wallets is available for sale!

Shiba Inu partner, the Swiss-based company Tangem, announced on its Twitter-X account that they have manufactured a new batch of cold Shiba Inu wallets and they are ready for sale.

Shiba Inu News: A whale moves 4.6 trillion Shiba Inu (SHIB) tokens from an unknown wallet to another unknown wallet, reported popular whale tracking service Whale Alert on Tuesday. The much-awaited L2 Shibarium mainnet released by lead developer Shytoshi Kusama last week is under fail-safe mode after the chain received massive traffic.