Shiba Inu’s (SHIB) offspring token, BONE, has been whitelisted on the OpenOcean DEX aggregator. The whitelisting comes in anticipation of the much-awaited Shibarium launch. The OpenOcean platform provides swap returns with intelligent routes on a majority of blockchains.
BONE is receiving a lot of attention at the moment. The token will be used as gas on the upcoming Shibarium layer-2 network. As a result, the popularity of the Shiba Inu offspring token has increased. SafePal, a multi-chain cryptocurrency wallet, has announced that the iSafePal software wallet now supports BONE.
Although initially planned for a Q3 2022 launch, Shiba Inu’s layer-2 was postponed due to development delays.
Shiba Inu’s BONE surges ahead of Shibarium
Anticipation for the upcoming layer 2 has pushed BONE’s performance in the charts. BONE is one of the few tokens with daily gains as observed. At press time, the token was up by 29.2 percent in the 7-day charts and by 31.6% on the 14-day charts. Surprisingly, the asset is also profitable in a yearly time frame.
Moreover, according to the data on LunarCrush, BONE’s social mentions are currently at 24k, up by 73%. Additionally, its social engagements are up by a whopping 104%, at 32 million.
This is not surprising given that Shiba Inu (SHIB) is one of the most popular crypto projects, especially on social media. In just two years, the popular canine-themed crypto has become a close contender of Dogecoin (DOGE), the original memecoin. However, Shiba Inu (SHIB) is not performing the same as BONE. The token has taken a beating over the past year.
At press time, BONE was trading at $1.05, up by 0.7% in the last 24 hours. Shiba Inu (SHIB) was trading at $0.00000822, down by 3.5% in the same time frame.