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LucieSHIB Sparks BONE Awakening And Record Transactions, Fueling Shibarium Surge

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In the whirlwind of cryptocurrency activities, the BONE token has emerged from dormancy, capturing the fervent interest of the crypto community. LucieSHIB, a revered influencer in this domain, stirred speculation among investors with a X post on December 1, 2023, proclaiming, “BONE looks awake,” suggesting an imminent surge within the token.

In a recent X post, LucieSHIB highlights the impressive performance of Shibarium transactions within the expansive Shiba Inu ecosystem. She revealed that the decentralized exchange experienced an unprecedented surge in transaction volume, scaling up to an impressive 5.1 million DT (Shiba Inu’s native stablecoin). LucieSHIB attributed this remarkable performance to increased traffic, escalated gas prices, and a noticeable uptick in token burns.

LucieSHIB Unveils BONE-SHIB Dynamics

The Shiba Inu ecosystem is gaining momentum, and LucieSHIB has emphasized the complex relationship between BONE and SHIB. Investors closely watch the interaction between these tokens as the activity increases on the ShibaSwap platform. The insights provided by LucieSHIB suggest that there is an increase in user engagement and a surge in token burns, which often indicate a positive trend in prices.

Anticipation looms large within the Shiba Inu community as they await further developments, especially regarding the impact of burgeoning gas prices on transactional costs and the overall user experience. In this evolving cryptocurrency landscape, enthusiasts closely monitor how the ecosystem navigates these challenges and opportunities.

BONE’s market price has experienced a significant increase of 15.35% in the last 24 hours, with the current value standing at $0.7248. In contrast, SHIB is currently trading at $0.000008396, reflecting a modest uptick of 0.77% over the same period. These figures highlight the cryptocurrency market’s volatility, with BONE demonstrating a notable uptrend and SHIB exhibiting a relatively stable performance.

The reawakening of the BONE token and the surge in Shibarium transactions underscore the dynamism inherent within the cryptocurrency community. Investors are watching these developments, seeking valuable insights that could chart the future course of Shiba Inu and its associated tokens in this ever-evolving crypto terrain.

Shibaswap 2.0 Launch: Ensuring a Smooth Transition

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Shibaswap, the Decentralized Exchange (DEX) built on the Shiba Inu ecosystem, has garnered immense popularity since its inception. However, the much-anticipated Shibaswap 2.0 upgrade is yet to materialize, leaving the community eager for its release. While the exact timeline for Shibaswap 2.0 remains unknown, there are several factors contributing to its delayed launch.

The 2.0 platform is envisioned to transcend boundaries and transform into a sophisticated Decentralized Application (Dapp). Its intricate design aims to weave together a multitude of elements, including:

  • Enhanced liquidity pools and decentralized finance (DeFi) features
  • Advanced tokenomics and staking mechanisms
  • Integration with the Shiba Inu metaverse
  • Seamless user interface and user experience (UI/UX)

Such a comprehensive upgrade necessitates meticulous planning and development to ensure a seamless transition and avoid potential glitches or security vulnerabilities. The development team is taking the time to thoroughly test and refine the new Shibaswap platform before its official release.

Shibaswap 2.0: A Transformative Upgrade

The Shiba Inu community is deeply invested in the project’s success and actively participates in shaping its direction. The development team has been closely engaging with the community, gathering feedback and incorporating suggestions into the 2.0 design. This collaborative approach ensures that the upgraded platform aligns with the community’s expectations and aspirations.

The transition to Shibaswap 2.0 needs to be carefully managed to minimize disruption and ensure a smooth user experience. The development team is working on strategies to migrate existing liquidity pools and user funds seamlessly to the new platform. Additionally, they are developing comprehensive documentation and tutorials to guide users through the transition process.

While the wait for Shibaswap 2.0 may be frustrating, the underlying reasons for its delayed launch reflect the development team’s commitment to creating a truly transformative upgrade. The intricate design, community engagement, and focus on a smooth transition all contribute to the anticipation surrounding the platform. Once released, it is poised to elevate the Shiba Inu ecosystem to new heights.

Shiba Inu Introduces Shibapendence Day, Paving the Way to a Decentralized Future

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In a noteworthy blog post published earlier today, Shytoshi Kusama, the lead developer of the popular cryptocurrency Shiba Inu, introduced Shibapendence Day, marking a significant milestone for the Shiba Inu community. With a strong emphasis on decentralization, Kusama highlighted the urgency to break free from the clutches of centralized systems that have long dominated society.

ShibaSwap Launches, Propelling Shiba Inu Towards a Decentralized Future

The focal point of the announcement was the official launch of ShibaSwap, the first fully decentralized exchange affiliated with the Shiba Inu ecosystem. This groundbreaking development aims to pave the way for a decentralized future, providing financial opportunities for individuals seeking liberation from an unjust society. 

The blog post, titled Shibapendence Day, expressed heartfelt gratitude to the loyal ShibArmy, while also acknowledging the numerous FUD (Fear, Uncertainty, and Doubt) theories surrounding Shiba Inu. Despite the challenges, Kusama reiterated the team’s unwavering commitment to its initial mission.

ShibaSwap: Empowering Users and Offering Liquidity Features

In addition to the momentous occasion, Kusama highlighted the inclusion of various token pairs and their corresponding Allocation Points (AP) for BONE distribution. The AP determines the distribution weight for each pool, with pools having higher AP receiving a greater share of BONE per block.

To celebrate Shibapendence Day and foster community engagement, ShibaSwap provides various avenues for users to participate. Many ShibArmy members have opted to stake their LEASH and SHIB tokens utilizing the BURY feature. However, the true potential of ShibaSwap lies in its liquidity features, enabling participants to earn BONE, the primary token associated with ShibaSwap and other ecosystem projects.

During the initial two-week Liquidity Enhancement period, an accelerated emission of 1,000 BONE per block will be distributed among pool rewards to ensure widespread access to the token. Subsequently, the emission rate will decrease to 100 BONE per block.

Excitingly, Kusama recently hinted at the highly anticipated launch of Layer 02 Shibarium, which has already caused a surge in the price of BONE, reaching an impressive $3.

As Shiba Inu’s Shibapendence Day dawns upon us, the launch of ShibaSwap and the forthcoming Shibarium hold immense promise for a decentralized future, empowering individuals and challenging the grip of centralized systems. The Shiba Inu community eagerly anticipates the opportunities and advancements that lie ahead as they continue to champion financial freedom and decentralization.

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Shiba Inu’s Shytoshi Kusama Confirms Arrival Of ShibaSwap 2.0

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Shytoshi Kusama, principal developer of the Shiba Inu ecosystem has finally acknowledged the release of the DEX ShibaSwap 2.0 on Telegram, and urged users to “Ignore anything that says otherwise.”

Although the SHIB team did not provide a precise launch date, a few weeks back, well-known SHIB influencer Lucie quoted developer Eric M and offered information on what the community can anticipate from the project.

According to Eric M, once ShibaSwap 2.0 is operational, the DEX would be used for token exchanges and develop into a crypto platform.

The proposed “crypto portal” will serve as a platform for news, figures, graphs, trends, and many other things that the community may find interesting.

Apart from adding a crypto portal on ShibaSwap 2.0, the upgrade will also include new and exciting designs.

Launched in July 2021, ShibaSwap is the native decentralized exchange of Shiba Inu that allows users to swap tokens directly without requiring a third party. ShibaSwap offers functions such as staking, swapping, and a SHIBOSHI non-fungible token marketplace.

Meanwhile, the Shiba Inu team appears to have their hands full whether it’s on the upcoming DEX or the flagship collectible card game.

The Shiba Eternity video game has recently received a fresh patch or upgrade, according to Mazrael, a member of the Shiba Inu community.

The new update, called Shiba Eternity patch 1.2.1, has added two key changes: trait cards and a new feature for login rewards. The trait cards that wouldn’t stay in the decks have been renewed and are once more prepared for use.

Additionally, a new feature enabled login incentives for marketing campaigns. Users are advised to follow social media to learn about these transient promotions.

Shiba Inu’s Collectible Game Prize Pool Raised To $1000

The last upgrade to the Shiba Eternity was version 1.1.7 deployed in March which included major adjustments to optimize the game’s memory and performance.

The Shiba Eternity tournament is a community-driven initiative. In March, Shiba Inu’s project lead, Shytoshi Kusama, increased the prize pool to $1,000 while praising the project, and requested that it be held twice a month in March.

Another noteworthy mention of the meme token ecosystem is its Metaverse project where the team shared the latest progress on its Metaverse’s development including the anticipated launch time.

As reported by TronWeekly, updates entailed making changes to the project’s goal and roadmap as well as the introduction of new Hubs.

Crypto․com Boosts BONE Token Accessibility With Listing Of BONE/USD Trading Pair

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Crypto․com, one of the largest crypto exchanges, has recently announced via Twitter that it has listed Bone ShibaSwap for trading. The BONE/USD pair is now available for trading on the platform. This news comes after a series of recent developments that have benefited the token.

One of the most significant developments for the token has been the impending launch of Shibarium, a layer-two blockchain that will serve as the backbone of the ShibaSwap ecosystem. This development has helped to increase the value and popularity of the token, as it is the governance token for the ShibaSwap platform.

In addition to the launch of Shibarium, the token has also been listed on several top exchanges, including Gate.io, Huobi, and Bitget. These listings have helped to increase the visibility and accessibility of the token, making it easier for investors to buy and trade the token.

BONE Token Listing On Binance 

Despite these recent developments, the Shiba Inu community is still pushing for the token to be listed on the world’s largest cryptocurrency exchange, Binance. In a recent petition created on Change.org, the community calls on Binance to list the governance token of ShibaSwap. Currently, the petition has only collected 2,029 out of a total of 2,500 signatures.

The petition statement explains that the petition’s goal is to request Binance to list the token for trading kindly. BONE is an essential part of the ShibaSwap ecosystem, as it allows the ShibArmy to vote on upcoming proposals. The more tokens a user holds, the more weight their vote carries in future endeavors.

The token has a total supply of 250,000,000 tokens and is designed to fit perfectly between the previous two tokens in regard to circulation supply. As the governance token for ShibaSwap, BONE plays a critical role in the success and growth of the platform.

With its recent listing on Crypto․com Exchange, BONE is now more accessible to investors than ever before. As the Shiba Inu community continues to push for Binance to list the token, it remains to be seen what the future holds for this promising governance token.

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Shiba Inu: Lead Dev’s Cryptic Message About Shibarium Lanuch

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Shiba Inu main developer Shytoshi Kusama is contributing to the narrative that the release of the Layer 2 scaling solution may be sooner than anticipated as the Shiba Inu community excitedly anticipates the release of Shibarium beta.

The official Shibarium Telegram address was posted on Twitter by the primary developer for SHIB, who also instructed Trophias to “open the chat.” The primary developer for SHIB is quoted as saying, “This room will remain speechless until Shibarium is launched,” in a Discord snapshot shared by “Shib Dream.”

Shibarium’s beta launch was further heightened by Kusama’s modification of his Twitter bio to “caring for the life’s pine tree. Flute playing is quickly learned before Shibarium is placed in a heart-shaped box with a bow.”

Kusama compared Shibarium to a “pine tree” in a previous tweet, saying that it requires “water, sunlight, and correct soil.” In addition, he said that “even in the coldest winters, pines survive and thrive.”

Bone ShibaSwap (BONE) and Shiba Inu Prices Reach New Heights

Two important tokens of the Shiba Inu ecosystem, SHIB and BONE, have shown a significant climb over the last 24 hours as well as over the course of the last week overall, bringing them to new local highs. SHIB has fallen to $0.000012, but the value of the ShibaSwap Bone token increased to $1.50. Since yesterday morning, SHIB has increased 6.40% and is currently trading in the green at $0.00001221.

By now, BONE has displayed a slight retreat from the $1.50 level and is trading at $1.48. The token’s increase over the last 24 hours is currently 3.66%. The primary reason for the current growth of these two meme currencies is that the SHIB development team recently announced the impending debut of Shibarium beta version. Shibarium is a Layer-2 solution that enables users to conduct more transfers on the network without experiencing any network congestion, transact at low costs, and transact at a significantly faster rate than before.

The BONE token is intended to be used to pay transaction fees on Shibarium. This is the reason why the price has increased noticeably since the most recent news of the beta release. Additionally, users have been stocking up on this token, as the number of BONE holders has risen from 67,000 to 68,000+.

The impending debut of Shibarium has typically encouraged Shiba Inu price increase. The SHIB army has been anticipating it since the beginning of 2022. The anticipated increase in SHIB’s price is one of the causes of it. Developers of Shibarium want to destroy these meme tokens after converting a portion of transaction fees into SHIB. The community anticipates that by doing this, trillions of Shiba Inu will be taken out of circulation, increasing the token’s scarcity and bringing it closer to the desired $1 level.

Shiba Inu is now a part of Binance card

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Shiba Inu has gone a long way from its early days as a meme coin attempting to transform into something more practical. This effort of the Dogecoin Killer seems to be bearing fruits sooner than expected.

Recently, the network turned two, and the celebrations went on all week. Tuesday saw the name of the eagerly anticipated game revealed, and the network ended the week by getting a spot on Binance Card.

Three additional assets have been added to the Binance Card, according to the biggest cryptocurrency exchange in the world. This featured Avalanche (AVAX), Shiba Inu (SHIB), and XRP. The supported cryptocurrency assets are anticipated to launch right now. Binance took to Twitter to make the listing official.

Source: Twitter

It should be emphasized that only users who reside in the European Economic Area [EEA] are eligible to use the card. Additionally, refugees from Ukraine who now reside in EEA nations may benefit from the most recent accession.

Shiba Inu’s participation is not shocking considering how widely used the meme coin has become. The asset has been housed on a variety of platforms during the past few months, enhancing its visibility.

Additionally, Binance Card increased the number of cryptocurrencies it supports to fourteen with the addition of SHIB, XRP, and AVAX. Along with SXP, other assets on the list include Cardano (ADA), Binance Coin (BNB), Bitcoin (BTC), Binance USD (BUSD), Polkadot (DOT), Tether (USDT), Ethereum (ETH), S.S. Lazio (LAZIO), Santos FC (SANTOS), FC Porto (PORTO), and SXP.

Shiba Inu’s commitment to growth

Shiba Inu’s dedication to expansion was demonstrated by the Shibaswap platform’s formal launch. Now, based on social indications, Shibaswap has taken the #1 spot on the list of the most popular Ethereum dapps.

According to research by crypto expert Ben GCrypto, this is the case. The DEX outperformed OpenSea and the Bored Ape Yacht Club, which placed second and third consecutively. This is an outstanding accomplishment for the DEX.

Source: Twitter

Considering that Shibaswap had recently celebrated its one anniversary in July, the ranking demonstrates its rapid growth. More than 30 digital assets have so far been listed, bringing in a total value lock of almost $41.72 million.

Shiba Inu’s Ultimatum To Ryoshi Team Over Slower Rewards Distribution

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Shiba Inu’s decentralized platform ShibaSwap has published a blog to inform the Shib community of the current status and situation with the SHIB Burn Portal that is powered by Ryoshi Vision.

The post begins by mentioning the significance of the burn portal which serves as a benefit for both communities- the Ryoshi and the Shiba’s development team while honoring SHIB’s holders to eliminate tokens out of circulation in exchange for a reward system.

It then acknowledges the bottlenecks which have been affecting the community that is leading to disruption in the workflows as well as users becoming frustrated over slower rewards distribution.

According to the team, the issue persisted since the day these rewards were released as some users were unable to claim them. “Users that have received the rewards have also engaged with Discord’s moderation team at Ryoshi Vision to find out more information to no avail,” it alleged.

Shiba Inu Community Can No Longer Tolerate Any Further Delay

The DEX also revealed that Ryoshi Vision has initiated discussion with regards to the issues and updates with their investors. But so far have failed to provide any clarity, or proper communication to address the issue beyond such events.

We understand repairs and delays can occur and take time, yet the community can no longer efficiently continue to hold with no delivery or communication. This has gone beyond acceptable ratios in which investors and contributors to the portal have to wait for such a response.

“We have asked them also to acknowledge this and provide better communication and transparency to both communities,” it added.

Meanwhile, Ryoshi Vision has responded via Twitter acknowledging the issues saying that they are taking full responsibility for the delays, and are actively working towards a rapid response and resolution.

For those new, the Shiba Inu burn portal was built in collaboration with the creators of Ryoshi Vision in April 2022. Ryoshi Vision is a community-run ERC20 token, and it was founded to honor the creator of the Shiba Inu ecosystem, “Ryoshi.”

Also, the Ryoshi Vision token is not part of the Shiba Ecosystem and has its own project and goals.