- Bone ShibaSwap (BONE) jumped by 14% in the last 24 hours as per data from CMC.
- There has been a surge in the number of people holding SHIB during the previous day.
After days of examining, testing, and fine-tuning, the Shiba Inu team lead by primary developer Shytoshi Kusama relaunched the Shibarium mainnet. Post announcement that Shibarium is now again operational, the price of Shibarium’s gas token Bone ShibaSwap (BONE) jumped by 14% in the last 24 hours as per data from CMC.
Lucie, a Shiba Inu team official, said that Shibarium is already creating blocks and operating normally; all that’s needed is for it to be made public. After a little delay, the Shibariumscan.io explorer saw blocks being created and transactions being made.
SHIB Army Excited
Shytoshi Kusama earlier pledged to increase the capacity of Shibarium by 1,500 percent, which would enhance its safety, stability, and decentralization. A new monitoring system and extra fail-safe mechanism, such as RPC-level rate limitation and automatic server reset, have been added to Shibarium.
Lucie also requested the community’s patience as the team indexes the chain. In addition, the Shiba Inu crew will launch ShibPaper implementation to establish a fully functional management and governance structure. Shibarium’s usefulness and token burning will increase as more projects and dApps are built on the network.
The BONE gas token has increased in value by 14% over the previous 24 hours, and is now worth $1.40 as per data from CMC. In addition, the trading volume has surged by 100% in the last day, a sign that investors are paying attention.
On the other hand, Shiba Inu kept adding new investors. There has been a dramatic rise in the number of people holding SHIB during the previous day. Metrics show that in the last 24 hours, the number of people who own SHIB has increased by 2,418,953.
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