The number of accounts possessing Shiba Inu’s governance token, Bone ShibaSwap (BONE), has seen a dramatic rise. This surge in holders of the BONE token comes after the primary network introduction of the L2 blockchain, Shibarium.
BONE Holders Exceeds 90K
Information from the top crypto data provider Etherscan indicates that the count of BONE holders now exceeds 90,000.
As of the present moment, the quantity of accounts containing BONE tokens is currently recorded at 90,328. It’s worth highlighting that this number has experienced a notable increase of 0.036% within the last 24 hours.
68% BONE Holders Addresses in Profit
Fascinatingly, information from the premier cryptocurrency analysis site, IntoTheBlock (ITB), offers a detailed perspective on those holding the BONE token.
As per information from ITB, 38% of those possessing BONE tokens have retained them for a period exceeding one year. Likewise, 49% of individuals have held the token for durations ranging from 1 to 12 months.
Furthermore, a segment of 13% among BONE holders has maintained ownership of the Shiba Inu governance token for less than a month.
It’s important to highlight that the value of BONE has persistently risen even amidst the market’s downward movement. Notably, the cryptocurrency recorded a notable 17% surge within a 24-hour span yesterday.
As of the latest update, BONE is presently being exchanged at $1.39, reflecting an 8.77% increase within the last 24 hours, as indicated by data from CoinMarketCap. With the ongoing price of $1.39, approximately 68% of those who hold BONE tokens are currently experiencing gains, while 19% of investors find themselves facing losses.
Likewise, 13% of BONE holders are in a breakeven situation, signifying that their addresses are neither in a profit nor loss state.
Shibarium Now Fully Functional As BONE’s Gas Token
Shibarium, the L2 blockchain of Shiba Inu, uses BONE as its official gas token.
It’s widely known that this L2 blockchain was introduced just last week, following an extended development phase. Upon its launch, Shibarium gained immediate widespread use, leading to some technical challenges on the platform.
Having faced technical difficulties a couple of days back, the blockchain has now resumed its normal operation, producing blocks. Users of Shibarium are engaging in various transaction types, from exchanging tokens to making contract calls. Notably, a significant portion of these transactions involves the use of BONE tokens.
