Shiba Inu’s ecosystem token Bone saw significant gains of nearly 6% over the last 24 hours, rising to $1.31. This growth comes as most cryptocurrencies made only marginal increases after the recent Fed rate decision. In contrast, the Shiba Inu coin was up just 0.28% to $0.00000782 during that period.
Bone’s price jump follows two key milestones for the Shiba Inu ecosystem – the launch of public testing for the Shibarium Ethereum bridge and the certification of Shiba Inu’s official company Twitter account with a gold verified checkmark.
The long-awaited Shibarium bridge beta went live enabling users to test transferring tokens between the networks. This bridge could greatly increase Shibarium’s utility once live by supporting ERC-20 tokens.
Shiba Inu also gained verified official account status on Twitter, marking ecosystem growth. Bone’s rally suggests investors are responding positively to these developmental milestones.
