The price of Shiba Inu’s BONE token has increased by 15% over the course of 24 hours, and it is presently trading at $1.36. Per data from CoinGecko, BONE’s 24-hour low was $1.19, while its intraday peak was $1.41.
BONE price chart | Source: CoinGecko
Additionally, the token’s trading volume has surged by nearly 30% during the same period, showing increasing interest among market participants. But why is this so?
Shibarium Mainnet Goes Back Online
The Shiba Inu team reopened the Shibarium network after it suffered crippling technical issues during its launch.
#Shibarium’s is live! pic.twitter.com/OnrduRZosx
— SHIB HODLER (@ShibaInuHodler) August 24, 2023
The move comes after days of studying, testing, and adjusting the chain. Lucie, a Shiba Inu representative, hinted earlier that Shibarium is already minting blocks and operating normally.
My bridged $BONE arrived.
You can check yours on https://t.co/KkZfTdO34a
Be patient- It’s indexing. pic.twitter.com/9mjdtK9xbc
— | Sum
We współpracy z: https://cryptopotato.com/3-reasons-why-shiba-inus-bone-skyrocketed-15-in-a-day/
