Activity started in cryptocurrencies in the Shiba Inu (SHIB) ecosystem, and Bone Shibaswap (BONE) increased by 23 percent in a short time.
The memecoin frenzy, which first started in Dogecoin (DOGE), soon reflected on the Shiba Inu (SHIB). The effect of the positive pricing that started on the SHIB side was directly seen in the coins in the ecosystem. Bone Shibaswap (BONE), which has performed 23.06 percent in the last 3 days, took place on the list of winners with yesterday’s increase. BONE has increased by 6.79 percent in the last 24 hours, becoming the second highest rising coin of the day.
Data on Memecoins is trending upwards
The demand, which first started to increase in DOGE, is reflected in SHIB and BONE. If we look back in time for this trend, the fact that the PEPE wind still continues is an indicator of this situation. PEPE, which is one of the coins that rise the most when the market is rising and the most falling when the market is falling, still attracts attention with its volume and price structure.
The fact that Elon Musk, who is known for his DOGE maximism, also made radical changes on Twitter, added a different perspective to DOGE. Most crypto communities and X users see the possibility of DOGE being used on the platform. Therefore, the activity in memecoins such as SHIB, BONE, PEPE, especially DOGE, peaks from time to time.
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