
With 2.8 million mentions in tweets, the Bone ShibaSwap (BONE) joke coin has achieved a new high point in social emotion on cryptocurrency Twitter.
The coin is now trading at $0.8204, according to information provided by CoinMarketCap, up 3.44% in the previous 24 hours.
The Shibarium Layer 2 solution’s official decentralised exchange, ShibaSwap, and the Shiba Inu ecosystem employ BONE as the governance token, which enables SHIB users to vote on new ideas, submit them, and obtain access to upcoming NFTs. Additionally, this serves as the “gas token” on Shibarium, which is used to pay transaction fees and promote the burning of Shiba Inu tokens.
The price saw a sharp dip after rising 21% on May 29 but is now continuing to try to rebound.
Testnet for shibarium Puppynet, which went up on March 11, continues to expand daily. It now has more than 16,108,541 linked wallets and has completed more than 14 million transactions.