- Shiba Inu (SHIB) experiences a surge in new daily addresses, surpassing 2.5K per day.
- Despite a recent slump, Shiba Inu’s network growth impresses, revealing untapped potential.
- Bone ShibaSwap (BONE), SHIB’s governance token, rallies significantly, up 50% in 14 days.
In the world of digital assets, Shiba Inu (SHIB) emerges as a sensation. The coin witnesses an incredible surge in new daily addresses. Over the past few weeks, it consistently exceeds 2,500 per day. This figure, according to Santiment, a reputable market intelligence platform, depicts an impressive growth trajectory of the Shiba Inu network, despite its recent dip.
Interestingly, SHIB continues to grow, even though it has seen a decrease of over 5% in the last seven days. Its position has also dropped to 19th on the list of largest crypto assets.
On a brighter note, Bone ShibaSwap (BONE), Shiba Inu’s governance token, carries its remarkable rally forward. Following a plunge to $0.68 on June 10, after the SEC sued Binance, BONE took a decisive leap forward. It now trades at $1.26, indicating an over +60% surge from its previous low.
Recent data from CoinMarketCap (CMC) reveals that BONE is up 21.4% over the past 24 hours and 36% over the past seven days. Over the past 14 days, BONE has surged by 50%, placing it among the top-performing meme-based tokens. Regardless of the prevailing red wave in most crypto assets, BONE manages to maintain its massive spike.
Looking into the future, both Shiba Inu Network and the trading prices of SHIB and BONE display positivity. Their impressive performance might indicate a promising future for holders and investors in the world of meme coins.
