Shiba Inu's BONE sees 10% rise, here might be potential reasons $BONE BONEARMY SHIBCommunity Shibarium BoneShiba
, the governance token of the Shiba Inu ecosystem, has made an amazing jump of 12% in the last 24 hours. This comes as most cryptocurrencies posted losses or even minimal gains in the said timeframe.
At the time of publication, BONE was trading up 11.31% at $0.93. The increase also coincides with a 25% jump in trading volumes, with $5,566,761 worth of BONE traded in the last 24 hours. BONE is also up a surprising 28% over the past seven days amid positive sentiment from investors and the exchange listings it recorded in the past week.
In the week that passed, New York-based crypto trading platform Uphold announced the listing of Bone ShibaSwap, which would allow retail investors to now buy and sell Shiba Inu's governance token on the platform.A day before this announcement, SunCrypto, a leading cryptocurrency exchange in India, also announced the launch of BONE on its platform. Likewise, favorable technicals might have helped buoy the BONE price.
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