Shibarium's BONE makes it to top 100 cryptos in historic feat BoneArmy $BONE ShibArmy
BONE has steadily risen since the weekend, following positive indications regarding the upcoming Shibarium beta release.
The lead Shiba Inu developer, Shytoshi Kusama, hinted at the imminent release of the much-awaited Layer 2 at the week's start. Kusama has also released some publications on Shibarium. Most recently, the SHIB lead developer updated his Twitter bio with:"On & on schedule."At the time of publication, BONE was up 11% at $1.86 after reaching intraday highs of $1.96.
BONE has risen to prominence as a result of the shibarium release and has been listed on exchanges in recent weeks. As previously reported, major exchanges XT.com and Bitget recently listed BONE.is the native token chosen to pay for gas transactions and reward validators and delegators in the Shibarium protocol, with 20 million tokens set aside for the purpose.
In Shibarium, validators play a key role in the network and support operability security by running the Heimdall Validator and Bor block production nodes, and locking up a specific amount of BONE tokens. As opposed to running a validator node oneself, delegators are BONE holders who decide to help the network by staking their tokens into a validator node.
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