Shiba Inu’s BONE Burst Into Top 100 Amidst Shibarium Launch Update

Continuing its giant strides, the BONE token burst into the top 100 largest cryptos according to coinmarketcap.

Not only that, the central token of Shibarium has been on an impressive note, rallying by 35% in the past week.

This comes after the official handle of the project announced the arrival of Shiba Inu’s highly-anticipated layer-2 network Shibarium beta mode next week.

BONE will serve as the governance token for the scaling solution, and will also be used to settle all gas prices throughout the Shibarium ecosystem.

However, the launch dates for both the beta and official versions of the protocol have been the subject of much debate keeping the SHIB community hooked.

To top that, Shytoshi Kusama, the project’s pseudonymous principal developer, has consistently declined to reveal the precise dates in order to prevent disappointment from any delays.

That has, however, not stopped SHIB fans to popped up the question in one way or the other. The barrage of queries from a section of overzealous fans prompted Kusama to close the project’s Telegram channel temporarily.

As reported by TronWeekly, the lead developer got a bit overwhelmed when asked again to provide a hint of the release date.

The main developer teased members earlier this week with the mysterious phrase “things come way before May,” igniting rumors of an impending launch. He even went on to claim that the launch might happen sooner than they had anticipated.

While BONE’s ranking has increased since the announcement of Shibarium. The token has been added to numerous cryptocurrency platforms.

BONE Scores Major Listings

For instance, the listing of BONE by XT.com, a Hong Kong-based exchange with a Seychelles registration, a few weeks back. 

XT boasts of itself as the first cryptocurrency exchange in the world with a social component. More than 500 coins and 800 cryptocurrency trading pairings are supported by it.

Before that, the token went live on the Singaporean trading platform BingX and on the crypto exchange StealthEX’s mobile trading app,

In addition, the Shiba Inu community launched a petition to get Binance to list the BONE cryptocurrency as well.

BONE is worth $1.86 at the time of writing, with a marginal increase in the last 24 hours. The 99th-ranked token has a market cap of more than $426 million.

Lipika Deka: Lipika is a crypto-journalist at TWJ. A graduate in economics and finance, she has a keen interest in the political and socio-economic facets of blockchain technology and the cryptocurrency industry.