DeFi News Official TheBitTimes.com

As the global crypto market capitalization fell below the $1.15 trillion mark, Bone ShibaSwap (BONE) witnessed notable highs and lows over the past week.  BONE, ShibaSwap’s governance token, registered a 17% loss over the past week and plunged by 13% in the past 24 hours alone. While the downward movement continues, Bone whales have been making accumulation moves. BONE price, whale activity, active addresses, and exchange outflow – Aug. 17 | Source: Santiment According to data provided by the market intelligence platform Santiment, whale transactions consisting of at least $100,000 worth of BONE have doubled over the past two days — rising from only 19 trades on Aug. 15 to 38 transfers on Aug. 16. You might also like: BONE sees 25% weekly gains as daily addresses surge Moreover, Santiment data shows that BONE’s exchange outflow has doubled in the same timeframe — surging from 1.18 million tokens to 2.36 million over the past two days. Quite similarly, the num...

Now, the community has two questions for lead developer Shytoshi Kusama, when Shibarium mainnet will be released and when Binance will list BONE? advertisement Binance Can List BONE on Shytoshi Kusama’s Request The Shiba Inu team confirmed BONE as the only gas token for Shibarium transactions and a reward token for validators and delegators. Shibarium will offer the benefits of scalability, faster transaction times, lower fees, and an expanded development framework. With the Shibarium mainnet launch expected by the year’s end, most things around the Shibarium blockchain will involve BONE token. In fact, validators will lock a certain number of BONE tokens to provide security and stake BONE through staking management contracts on the Ethereum mainnet. Moreover, delegators will stake BONE into validator nodes responsible for validating transactions. The BONE token is available since July 2021 for governance and now for Shibarium . Also Read: Bit...