Shiba Inu’s BONE Listed: SHIB Burn Soars 579%!

• Crypto.com lists Shiba Inu’s governance token, Bone ShibaSwap (BONE)
• BONE prices surge 29% in the last 30 days and whales are accumulating BONE for the launch of Shibarium Beta
• SHIB holders burn over 10 million tokens in the past 24 hours to remove a substantial amount of tokens from circulation

Crypto.com Lists Shiba Inu’s Governance Token

Crypto.com recently announced that Bone ShibaSwap would be included in the crypto exchange’s trading pairs. The #15 ranked memecurrency Shiba Inu (SHIB) launched the Shibarium Tech website, which is the next step in preparation for Shibarium’s launch. This Layer-2 solution is expected to be a game-changer for this two-year-old ERC-20 token as it will require holders to hold Bone ShibaSwap (BONE), deemed as the only official gas fee token on Shibarium, to make any action on its self-sustainable blockchain. Upon news of listing, BONE surged by 10% and has been trading below $2 resistance level at press time.

Whales Accumulate BONE

Whales have been accumulating BONE as Shibarium Beta release is due soon, pushing its market value up by 29% within last 30 days according to CoinGecko. SHIB Army, popularly known as the community of Shiba Inu holders, even penned a petition on Change.org with 320 signatures out of 500 required, but it looks like they won’t need those other 180 anymore!

SHIB Holders Burn Tokens

The news has prompted an immense rush among SHIB holders to burn their tokens with over 10 million set ablaze in 24 hours alone according to Shibburn – a Twitter account tracking SHIB burns – posting an hourly update featuring current market cap and supply status of SHIB tokens. While burning doesn’t seem to reflect much on Shiba Inu’s immediate market value yet, this could prove beneficial long term by reducing total supply and hence increasing individual token values over time.

Shibarmy Strong

Good Morning #SHIBARMYSTRONG 💪‼️ Are you fired up for the #Shibarium Launch❓Retweet If U Think #Shibarium Will Push $SHIB To $1‼️🙏$SHIB #SHIB #SHIBA #ShibaInu #Shibarium #SHIBARMY #ShibaArmy#SHIBA##RMYSTRONG 💪 pic.twitter.com/XjRoj9OMfI— SHIB Bezos (@BezosCrypto) March 2, 2023 was one tweet from members of Shibarmy strongly backing their favorite cryptocurrency as they anticipate its Layer 2 solution project launch and further development progress towards becoming one of leading cryptocurrencies in world crypto markets soon!

Conclusion

All signs point towards great things ahead for both Bone Shibaswap and Shiba Inu coin – with Crypto exchanges listing their newest governance token quickly followed by whales accumulating them before its upcoming beta launch while also burning huge amounts of SHIBS making sure that total supply is always low enough so individual values can rise long term!