Shiba Inu Memecoin’s competitor, Shiba Inu, is enjoying an even bigger price increase at a time when the value of most digital currencies is sharply declining.
On March 23rd, the token was up 130% over the last 24 hours and up 373.31% over the past week. Upon pressing, the token was slightly modified.
This time around, the price of the Meme Coin is underpinned by a sizeable trading volume that has increased by 5,000% in the last 24 hours. The fact that more individuals are trading the token is evidence that both growing awareness and organic adoption are pushing the price.
Shibone is a DeFi token that runs on the ERC-20 network. It is powered by the future Sibarium Layer 2 Blockchain. Its features include Play-to-Earn games (P2E), staking dapps, and NFTs.
The coin uses an automatic staking feature. Provides automatic reflection of each transaction. When a transfer occurs, all SHIBONE holders will receive 2% of the amount.