Shibarium Release Speculation Propels ShibaSwap(BONE) into the Crypto Top 100

Due to speculation about the Shibarium Beta launch, Bone ShibaSwap’s (BONE), meme coin is hovering around 98 in the crypto top100.
Shibarium, the Layer-2 scaling solution from the meme currency’s team, has been eagerly awaited by the Shiba Inu community. They may not have long to wait as Shytoshi Kusama (Shiba Inu’s lead developer) hinted at a Shibarium beta launch next week.

If he is wrong, you owe him an apologies.– Shytoshi(tm), (@ShytoshiKusama), February 18, 2023
Shytoshi also changed his Twitter bio to “On Fire & On Schedule.” However, no official announcement has been made about the release date. The community believes Shytoshi is a procrastinator who says “very soon it takes a bit longer.”

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Source: TwitterBone ShibaSwap, (BONE), Enters Top 100
BONE is the governance token for the ShibaSwap eco-system. On Jan. 5, Shibarium network announced via Twitter that BONE would be used to pay gas fees for Layer 2 protocol. The token’s value has risen almost 100% since then and currently trades at $1.8595.
BONEUSDT, MEXC Source: TradingView
BONE has been able to climb up the list of the 100 most valuable cryptocurrencies based upon market capitalization, thanks to the recent price rise. According to CoinMarketCap BONE is currently at the 98th rank. The token is ranked #113 on CoinGecko, a cryptocurrency data aggregator.
It is extremely risky to use tokens such as BONE, Shiba Inu, and other meme coins. Because tokens are concentrated in a few wallets, whales can manipulate the price. Before investing in meme coins, investors should do their research.
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BeInCrypto reached out to the company or individual involved in this story to obtain an official statement on the latest developments. However, it has not heard back.


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