Shibarium Gas Token BONE Added by Another Exchange, Price Goes Green

U.Today
U.Today

28 Jun 2023 9:50 AM

ShibaSwap Bone price has gone green, while meme coin has been listed by another exchange platform...

  • ShibaSwap Bone (BONE) has been listed on the Guardarian platform, allowing users to buy it with fiat currencies.
  • BONE is the governance token for the ShibaSwap decentralized exchange and will be used for paying gas fees on the Shibarium Layer 2 protocol.
  • The transaction count on the Puppynet testnet has reached 25,141,478, and these transactions will be paid for in BONE once the mainnet launches.
  • Gas fees will be used for burning the main token, SHIB, with a portion going to developers and a portion being converted into SHIB and transferred to dead-end wallets.
  • BONE has gained exposure through listings on CoinSpot and SwyftX exchanges.

The sentiment in the article is mostly neutral, with information about the listing of BONE and the burn rate of SHIB.

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You May Ask

What is the purpose of the BONE token?How can BONE be purchased?What is the current transaction count on the Puppynet testnet?How are gas fees used in the ecosystem?What exchanges have recently listed BONE?

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