The Shiba Inu SHIB/USD ecosystem token Bone ShibaSwap BONE/USD showed a 7% increase in the last 24 hours at a time when most meme coins like DOGE DOGE/USD, Pepe Coin PEPE/USD and SHIB were going through tumultuous times.
As of writing, the BONE token was trading at $1.23. However, the other popular GIF coins fell by figures of 2.05%, 0.87% and 0.97% respectively during the aforementioned period.
Revealing the reason way behind this uptick, lead programmer in the Shiba Inu ecosystem Shytoshi Kusama announced the transition of Shibarium, their Ethereum-based Layer 2 blockchain network created to amplify the benefits for the said digital ecosystem, from its ‘public mode’ to ‘private mode’.
This UPTREND in the prices for the PRESsee token came despite unhappy launch figures regarding Shibarium. Following certain technical complexities, the reasons due to which transactions on this network were halted for 5+ hours became moot.
During that segment, users had attempted to transferValued at around $1.7 million, Ethereum- as well as $750,000 worthof the BONE token were flowing between the two interfaces.
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