Shiba Inu Sister Token BONE Surges 6% Outperforms Dogecoin, Pepe Coin As Minting Nears
Portfolio Pulse from Mehab Qureshi
Shiba Inu's sister token, BONE, has surged 6% in the past 24 hours, outperforming other cryptocurrencies like SHIB, Dogecoin, and Pepe Coin. This surge is linked to the challenges faced by Shibarium, the blockchain associated with Shiba Inu. The SHIB Army previously voted to halt all minting of BONE to ensure its scarcity. However, a TimeLock feature was implemented to prevent hostile takeovers of BONE. The current circulating supply of BONE is approximately 229,923,351 tokens, with a maximum supply of 250 million tokens.
September 26, 2023 | 4:47 am
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NEGATIVE IMPACT
Dogecoin's performance has been surpassed by BONE's recent surge.
Dogecoin's performance has been overshadowed by the recent surge in BONE. This could potentially impact Dogecoin's short-term price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Pepe Coin's performance has been surpassed by BONE's recent surge.
Pepe Coin's performance has been overshadowed by the recent surge in BONE. This could potentially impact Pepe Coin's short-term price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Shiba Inu's performance has been surpassed by BONE's recent surge.
Shiba Inu's performance has been overshadowed by the recent surge in BONE. This could potentially impact Shiba Inu's short-term price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
BONE has surged 6% in the past 24 hours, outperforming other cryptocurrencies. This surge is linked to the challenges faced by Shibarium.
The surge in BONE's price is directly linked to the challenges faced by Shibarium, the blockchain associated with Shiba Inu. The halt in minting of BONE to ensure its scarcity has likely contributed to the surge.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100