BONE is fueling excitement in the wait for Shibarium – Is the L2 Shiba solution around the corner?

BONE is fueling excitement in the wait for Shibarium

Delays in the launch of Shibarium is something we should be used to by now. Both the documentation of SHIB’s second layer and the project itself are shrouded in mystery. However, thanks to BONE, something is beginning to happen. Is it time yet?

BONE to fuel Shibarium

In our articles we have already mentioned a couple of times the essence of BONE for the Shibarium solution. In the face of new developments, it is worth recalling that this coin will be the payment tool in the Shiba Inu second layer solution.

These, in turn, have been awaited for quite a long time. It should be recalled that its release was supposed to take place even before the end of the third quarter of this year. So far, the last month of the fourth quarter has begun, and tangible solutions are still lacking. Also worrisome is the relative silence of information, the absence of any leaks or deadlines on the matter. The only indication that suggests complex work on a second-tier solution is that Shiba Inu’s lead developer, Shytoshi Kusama, recently declared his total dedication to the matter.

Shibarium itself for the Shiba Inu ecosystem is of colossal importance. Its goal is to free itself from the burdens that accompany a project built on Ethereum. It will lower transaction costs, while serving to increase transaction speeds.

Does BONE predict the release of Shibarium?

Once again, mysterious tweets indicate that there is something going on around Shiba Inu L2. This time it comes via BONE’s Twitter profile, where the following was posted on Thursday, December 1:

An exploding volcano appears in it, as well as a brief but relevant reference: “bone before shibarum.”

This seems to be part of the process of preparing the community for the coming changes. This can be evidenced by the fact that just two days earlier, on the same profile, we found other interesting words:

“I want to tell you a secret when Shibarium arrives, on Twitter we will see more than a million hashtags named Shibarium. What does this mean? All Twitter users will understand Shibarium and understand that BONE is the key to using Shibarium!”.

SHIB consolidates, BONE climbs

As I write this article, the Shiba Inu is still in a broad consolidation zone. On a closer look, this gives the coin a 12.6% increase from the local bottom reached on November 22. The price we currently see on the chart is $0.00000922. BONE, on the other hand, is showing much more strength. It reached a local bottom on the exact same day as Shiba Inu, but has since risen 35.3%. Thus, BONE is oscillating in the area of $0.82.

Disclaimer: Blockbulletin does not take accountability of investments based on the information of the website. We highly advice readers to make extensive research prior to any invest

Share this article

More news

XRP

XRP outperforms Bitcoin and Ethereum

In the past week, XRP decisively outperformed its main rivals, Bitcoin (BTC) and Ethereum (ETH), in terms of capital flows. Moreover, it recorded an impressive $2.7 million…

Solana and Avalanche on the eye of investment funds

Two alternative coins, Solana (SOL) and Avalanche (AVAX), are gaining increasing interest and are successively attracting the attention of investment funds. Although bitcoin (BTC) remains the main…
All articles loaded
No more articles to load

Learn

Cryptocurrency wallets

Cryptocurrency wallets

We talked about security when trading crypto assets in an article titled “Online security“. We also mentioned how important it…
hardware wallets

Cryptocurrency hardware wallets

From the article titled “Cryptocurrency wallets” you learned about the different types of wallets. They were briefly characterized there. Let’s…
Where to buy cryptocurrency brokers

Which cryptocurrency Brokers to use

In the article “Where to Buy Cryptocurrencies (Exchanges)“, we introduced you to which exchange platforms you can purchase cryptocurrencies on.…
Trading cryptocurrencies

Trading cryptocurrency

In the cryptocurrency market, you face many opportunities to invest in cryptocurrency or buy or sell cryptocurrency. If you want…
All articles loaded
No more articles to load

Analyses

All articles loaded
No more articles to load

Latest news

All articles loaded
No more articles to load