- Bone ShibaSwap has played an important role in the Shiba Inu ecosystem.
- DogPad Finance tweeted that the team bought a massive amount of BONE tokens.
The crypto market has experienced massive growth and significant development over the past few years. The reveal of the launch date for the highly anticipated Layer 2 blockchain solution, Shibarium, has boosted investors’ confidence. As the excitement goes on, DogPad Finance, the Shibarium launchpad ecosystem, has announced an interesting purchase in the crypto market.
On July 12, DogPad Finance tweeted that the team bought a massive amount of Bone ShibaSwap (BONE) tokens worth $20,000. The tweet also mentioned that the team also bought a huge amount of BONE tokens four months ago. Moreover, the team added that it continues to hold the BONE.
Bone ShibaSwap is Expected to Reach New Milestones
According to the report, the team is aiming for Shibarium to skyrocket BONE’s trading price. DogPad Finance is one of the proactive players in the Shibarium ecosystem. It has shown its strong confidence in BONE. Shibarium is set to launch in August and is expected to trigger the trading price of BONE.
Moreover, DogPad Finance aims to convert the entire liquidity pool, approximately $200,000 worth of Ethereum, into BONE. This clearly shows the DogPad’s confidence in the BONE to reach new heights.
Bone ShibaSwap has played an important role in the Shiba Inu ecosystem as a governance token and the authorized gas token for Shibarium. As the excitement around the Shibarium increases day by day, it is expected to reflect on the BONE.
At the time of writing, the trading price of Bone ShibaSwap is around $1.27, with an increase of over 0.54% in the last 24 hours. The trading volume of BONE has experienced a decline of over 33.61%, according to CoinMarketCap. Moreover, the whole crypto community is expecting that BONE will gain bullish momentum after the launch of Shibarium on the mainnet.
