SHIB: Why Are Whales Buying BONE Token, Reason Might Be Surprising

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SHIB: Why Are Whales Buying BONE Token, Reason Might Be Surprising
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Shiba Inu's BONE among most sought assets by whales, this might be why SHIBCommunity $BONE BoneArmy Boneshibaswap

In September, BONE minting was officially halted as the supply reached 230 million, with the remaining 20 million supply being reserved for rewards for validator roles on the upcoming Layer 2 Shibarium.

According to some analysts, the value of a crypto asset might be influenced by supply and demand. Thus, when the supply of an asset is limited, demand for it might rise, leading to a corresponding increase in its price. The expectation of a long-term increase might be the reason for the current accumulation of Bone ShibaSwap.countdown has begun. Please allow DNS to propagate correctly, in case the website is loading blank for some users, try reloading again in a few minutes.Third, eager expectations regarding the Shibarium launch might have likewise spurred increased accumulation. Over the weekend, the SHIB official Twitter account announced the start of a special countdown.

At the time of publication, BONE was changing hands at $0.91, up 2.30% in the last 24 hours. BONE being down 98% from its all-time high of $41.67 provides a massive discount for whales.

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