In the last 24 hours, Bone Shibaswap BONE USD, the governance token of meme coin Shiba Inu SHIB USD, has gone up 4%, beating the top five meme coins such as Doge coin DOGE USD and Floki FLOKI USD by market value.
What Happened: At the time of writing, BONE was trading at $1.09.
The surge is due to the recent support from Bermuda, a non-custodial privacy dApp, which will allow users to transfer BONE anonymously to other wallets, enhancing the privacy of transactions.
See More: Top Indian apps that give NFT Rewards and Bitcoins.
There were speculations regarding the resemblance of the Shibarium testnet code to the Rinia network, which led to circulating FUD. Shibarium developers changed the official Chain ID earlier this week, bringing positive sentiment to the Shiba Inu community.
Price Action: At the time of writing, DOGE was trading at $0.075, up 1.38%. SHIB was trading at $0.000010, up 0.62% in the last 24 hours, according to the data from Benzinga Pro.