Bone

Bone ShibaSwap

Shiba Inu

<div class="cryptonews"> 
 <p class="is-style-lead">The number of Shibarium wallets has surpassed one million unique addresses, while the prices of Shiba Inu (SHIB) and Bone ShibaSwap (BONE) have slipped notably.</p> 
 <p>According to Shibarium blockchain explorer, the total number of wallets on the layer-2 network has reached 1,010,243. Per the data, the total number of blocks on Shibarium has surpassed the 450,000 mark with a total of 949,204 diverse transactions.</p> 
 <p>The layer-2 blockchain launched in mid-August while facing technical difficulties. Per a report on Aug. 19, Kaal Dhairya, one of the Shibarium developers, addressed the FUD (fear, uncertainty and doubt) among investors while hinting at a scaling plan.</p> 
 <div class="cn-block-related-link"> 
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  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Shibarium hits 100k wallets milestone amid relaunch 
 </div> 
 <p>Moreover, Shibarium relaunched on Aug. 28 with its lead developer, Shytoshi Kusama, stating the network is “live and operating well.”</p> 
 <p>Following the relaunch, data provided by the Shibarium blockchain explorer shows that the number of daily transactions on the network has been constantly rising since Sep. 1 — <a rel="noopener noreferrer nofollow" title="reaching" href="https://thebittimes.com/tag/reaching.html">reaching</a> 99,000 trades in the past 24 hours.</p> 
 <h2 class="wp-block-heading" id="shib-and-bone-decline">SHIB and BONE decline</h2> 
 <p>While Shibarium hit a key <a rel="noopener noreferrer nofollow" title="milestone" href="https://thebittimes.com/tag/milestone.html">milestone</a> of one million wallets, the prices of SHIB and BONE have dropped along with the global crypto market.</p> 
 <p>Shiba Inu is down by 1.56% in the past 24 hours and trading at $0.0000077 at the time of writing. The meme coin’s market cap is down to the $4.55 billion mark while its 24-hour trading volume registered a 14% hike, <a rel="noopener noreferrer nofollow" title="reaching" href="https://thebittimes.com/tag/reaching.html">reaching</a> $89 million.</p> 
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  <img decoding="async" width="1128" height="605" src="https://cdn.thebittimes.com/images/2023/09/04/eb60ad065e801eb50f738bedba5bd80d.webp" alt="SHIB and BONE decline despite Shibarium reaching key milestone - 1" class="wp-image-14190836"> 
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    SHIB price – Sep. 4 | Source: Trading View 
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 </figure> 
 <p>Quite similarly, BONE also registered a 2.7% <a rel="noopener noreferrer nofollow" title="decline" href="https://thebittimes.com/tag/decline.html">decline</a> over the past day and is currently trading at $1.05. It’s important to note that BONE is the governance token for ShibaSwap and the gas token for Shibarium.</p> 
 <figure class="wp-block-image size-full"> 
  <img decoding="async" width="1132" height="602" src="https://cdn.thebittimes.com/images/2023/09/04/d2401843c1358c45dd8cf91e01e7fb52.webp" alt="SHIB and BONE decline despite Shibarium reaching key milestone - 2" class="wp-image-14190838"> 
  <figcaption class="wp-element-caption">
    BONE price – Sep. 4 | Source: Trading View 
  </figcaption> 
 </figure> 
 <p>BONE’s market capitalization currently stands at $240 million, with a $7 million 24-hour trading volume.&nbsp;</p> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Shiba Inu’s Shibarium reemerges after initial setbacks 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shib-and-bone-decline-despite-shibarium-reaching-key-milestone-tbt61407.html">https://thebittimes.com/shib-and-bone-decline-despite-shibarium-reaching-key-milestone-tbt61407.html</a></p>

SHIB and BONE decline despite Shibarium reaching key milestone

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