What's Behind 25% Rise of BONE, Shiba Inu's Token?

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What's Behind 25% Rise of BONE, Shiba Inu's Token?
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Learn what drives BONE's increase and whether this growth is sustainable shibainu

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.The BONE token has experienced a 25% rise in the last seven days.

BONE is a governance token that allows the SHIB army, the Shiba Inu community, to vote on upcoming proposals of Doggy DAO, a decentralized organization that is controlled by the community. Another way of using the BONE token is with ShibaSwap's DEX. The decentralized exchange offers its users the possibility of earning income by providing liquidity, staking and token exchanges.

This listing is a result of pressure from the Shiba Inu community that has also helped other exchanges take the same step. As an example, India's leading cryptocurrency platform, Sun Crypto, decided to offer the token to its customers.Such developments have fueled rumors that Binance may be next to list the altcoin.

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