INDODAX, Indonesia’s most prominent crypto exchange, has listed a Shiba Inu ecosystem token, Bone ShibaSwap (BONE). 
Read more on: https://thecryptobasic.com/2023/12/19/top-indonesian-exchange-lists-shiba-inu-bone-token/
#Shiba.Inu-SHIB #ShibaInuEcosystem #BONE #crypto2024catch #CryptoNews🔒📰🚫

Leading DNS domain provider D3 Global has expanded its payment options to include Shiba Inu and BONE on Shibarium as part of its latest upgrade.
Amid the growing adoption blockchain and Web3 have witnessed over the years, proponents have begun securing custom-made blockchain-based domain names. D3 Global stands out as a domain name service provider actively facilitating this move.
The firm provides domain name services to individuals looking to secure Web3 domain names. However, most recently, its latest upgrade now makes provision for payments in Shiba Inu and Bone ShibaSwap (BONE), the governance token of the ShibaSwap ecosystem.
D3 disclosed this in a recent post on X, directing the announcement to the Shiba Inu community. According to the D3 team, market participants can make these Shiba Inu and BONE payments directly from their Shibarium addresses without having to bridge the tokens back to Ethereum.
WOOF! #ShibArmy, we’ve made some upgrades! 🔥New additions include support for payments in $BONE & $SHIB on Shibarium, direct-to-wallet minting and more! 🦴🔥Check it out 👉 https://t.co/V4zgsrUkDu pic.twitter.com/XQ0PNCWGzp— D3 (@D3inc) April 11, 2024
Notably, SHIB and BONE are native to the Ethereum blockchain. However, Shibarium users looking to leverage the assets would need to bridge their tokens to the layer-2 blockchain. Making SHIB and BONE payments to companies like D3 would naturally require users to bridge their assets back to Ethereum.
D3 Global’s decision to extend the payments to Shibarium eliminates the inconvenience associated with having to first bridge the tokens back to Ethereum. Moreover, this development is especially favorable for customers who prefer to use cryptocurrencies to purchase domain names, rather than traditional fiat currencies.
Pay for Domain Names with Shiba Inu and BONE on Shibarium
An investigation from The Crypto Basic confirms that the platform has already implemented these Shibarium payments as of press time. To leverage the latest feature, follow these steps:
Go to D3.app with your web browser, preferably the embedded browser in your Ethereum wallet, such as MetaMask. Ensure the URL is correctly typed to avoid going to phishing sites.Connect your wallet, such as MetaMask or Coinbase Wallet, to D3. If you are using the in-built MetaMask browser, this process should be seamless.Input for the preferred domain name you wish to purchase and add the extension (core or shib). Upon doing this, D3 will specify if the domain name is available or not.If it is available, the platform will show you the cost of the domain name in USD as well as other options that are available for purchase.Pick your option, select how long you want to retain the domain name, add a promotion (coupon) code for discounts if you have any, and select Crypto payments.The platform will direct you to a window to select the currency you wish to pay with, either BONE or SHIB. Select your option and connect your Shibarium address to MetaMask if you have not done so.

Shiba Inu Payment on D3 Global
You will then receive a prompt to authorize the payment in either BONE or SHIB. Authorize the payment to complete the purchase of your SHIB domain name.
D3 Global Continues to Support the SHIB Community
In addition to the recent payment method expansion, D3 Global disclosed in its latest announcement that it has now included a feature to implement direct minting to users’ wallets as part of the recent upgrade.
The latest development comes four months after D3 partnered with Shiba Inu to introduce a .shib top-level domain (TLD) last December. Interestingly, the collaboration positioned Shiba Inu as the first crypto project to push toward getting a TLD.
A month after the announcement, D3 disclosed a special giveaway campaign for Shiba Inu proponents in a move toward supporting the community. The firm looked to give away the private.shib and officer.shib domain names to two proponents.
$SHIB #BONE #SHIBARIUM

Currently, Binance does not list the Bone #ShibaSwap (BONE) for trade or service. Nonetheless, there are rumours circulating in the community regarding #BONE possibly listing on Binance soon. Price estimates for BONE range from $1.98 in 2024 to $4.31 in 2025, according to some #cryptonews .It's crucial to remember that these are only estimates, and that a number of variables, such as trading volume and #Cryptocurrencies market demand, will affect the real price of BONE. BONE is currently available for $0.616357. The price of BONE would fluctuate based on market conditions and investor attitude if it were to be listed on #Binance in the future.Nevertheless Bone ShibaSwap may reach back all-time high of $41.67

The forecasts differ based on different price projections for Bone #ShibaSwap ($BONE) in 2025:CoinDataFlow projects that the #BONE price will increase by 669.8% to $4.85.According to CoinCodex, the range for 2025 is $1.23 to $5.24.According to Gate.io, a peak of $1.58 might occur by 2030.By the end of 2025, DigitalCoinPrice predicts an increase of 207.11%, #crypt reaching $2.27.According to AMBCrypto's analysis, the range for 2025 is $2.55 to $3.83.These forecasts should be regarded as speculative since they are dependent on a number of variables. Since the #cryptocurrency market is so erratic, actual prices could be different from these projections. It is imperative to carry out comprehensive research and take into account various information sources prior to making any #Cryptocurrencies investment decisions.

The #Shiba Inu ecosystem's layer-2 scaling solution, Shibarium, has successfully undergone its first major hard fork. As per latest #cryptonews , on December 5, 2023, the protocol underwent a hard fork that necessitated all nodes and users to update to the most recent software version. In order to bring the protocol into line with other scalable and effective infrastructures, the beta testnet, which forms the foundation of #Shibarium 's PuppyNet, was moved from the Goerli Network to the Sepolia Network as part of the recent development. The main objective of the fork was to include a burn mechanism for #BONE by making a substantial improvement to Shibarium's burning process.The most recent update will convert the #crypto burn process, which was previously operated manually, to an automated system, increasing transparency and efficiency. With the inclusion of these capabilities and many more to come, the Shibarium team is certain that the protocol will receive widespread acceptance in the days to come.

Shibarium, the eagerly awaited layer-2 solution designed for the SHIB army, successfully achieved functionality on August 28th, after encountering a tumultuous debut characterized by technical challenges that garnered criticism from the wider cryptocurrency community. The commencement of the launch heralded a forthcoming epoch of enhanced efficacy for individuals holding SHIB, who had fervently anticipated this resolution for a duration exceeding one year.
Nevertheless, the most recent data presents a concerning depiction of Shibarium's present condition, characterized by a significant decrease in user engagement and network activity levels that bear resemblance to its first operational phase.
The data obtained from the Shibarium explorer indicates a notable decline in user engagement. On November 6th, Shibarium saw a much lower number of transactions, namely 9,740, in comparison to the network's highest recorded daily transactions on September 11th, which reached over 202,000. The decrease in performance gives rise to apprehensions regarding the project's sustainability in the long run and its capacity to fulfill its commitments in terms of scalability and efficiency.
The launch of the Shib Name Service (SNS)
The decrease in the number of newly created addresses within the chain has a strong correlation with the fall seen in daily transaction volumes. Despite the implementation of Shiba Inu's "Shib Name Service" (SNS) on October 30th, this phenomenon continues to endure.
The decentralized naming service known as SNS enables users to generate human-readable addresses for their Shibarium wallets. Despite the intended objective of improving user experience and accessibility, the debut of the social networking service (SNS) has failed to effectively address the issue of diminishing user engagement on the platform.
The Effect of Price on BONE
The challenges faced by Shibarium extend beyond user interaction and have implications for the valuation of its native cryptocurrency, BONE. According to the most recent data provided by CoinGecko, the present value of BONE is recorded at $0.734137. This figure reflects a notable growth of 4.0% over the last 24-hour period, as well as a 2.5% upward trend over the course of the past week.
In the spot market of the token, it is seen that a majority of players have been engaging in the distribution of their BONE holdings. This trend is discernible from the momentum indicators displayed on a 24-hour chart. The prevalence of selling pressure beyond accumulation is a matter of concern for the prospective worth of the token.
The failure of Shibarium subsequent to its introduction has raised several worries among members of the cryptocurrency community. The project's failure to sustain its early pace subsequent to a difficult debut raises concerns among investors and devotees. The decrease in user involvement, despite the implementation of user-friendly features such as social networking services (SNS), indicates that Shibarium's technological infrastructure requires significant attention to address the underlying problems.
Shytoshi Kusama has been engaging in the sale of goods to the Shibarmy community, therefore accumulating funds in their own wallet.
Shib's track record has been characterized by a discrepancy between rhetoric and tangible outcomes. Despite initial success, his subsequent endeavors, including shiboshis, property ventures, Shibarium, and social networking services, have all proven to be unsuccessful. The user's text contains an inappropriate expression.
The Twitter handle "@0xMefam" posted on November 1, 2023.
Literature Review: The Cardano October Whale Frenzy and Prospects for the Upcoming Month of November.
The declining number of users has a direct influence on the valuation of BONE, as the prevailing market conditions are characterized by a significant presence of selling pressure. In order to restore its position, Shibarium must undertake measures to rectify technical concerns, enhance user experience, and reestablish the confidence and excitement of its user community.
The Shibarium project, first seen as a promising layer-2 solution for the $SHIB community, is presently confronted with a crucial examination of its sustainability in the long run. The decrease in user interaction and its impact on BONE's pricing suggest that the project is confronted with some obstacles that need to be addressed. The performance and potential of Shibarium will be constantly monitored by investors and fans.

#ShibaInuPriceForecast #SHIBCommunity #BONE

Based on the #cryptonews search results, the $Bone ShibaSwap price prediction for January 2024 ranges from $1.26 to $1.45, with an average price of $1.36.However, another prediction suggests that the price of Bone #ShibaSwap is predicted to drop by -7.25% and reach $0.713138 by December 25, 2023.Meanwhile, another prediction indicates that #BONE will start the year 2024 at $2.30 and trade around $2.82, with a possibility of reaching an all-time high of $2.75 or $2.87 in 2026.It is important to note that #cryptocurrency markets are highly volatile, and these predictions may change rapidly. Therefore, it is advisable to use discretion and make informed decisions when investing in #Cryptocurrencies .

With Bone ShibaSwap (BONE) now featured on Binance’s DeFi section, Shibarium’s core team member Lucie is optimistic an actual listing is on the horizon.
Read more on: https://thecryptobasic.com/2023/11/27/shiba-inu-bone-features-in-binance-defi-section-hinting-at-upcoming-binance-listing/
#SHIBFuture #ShibaInuUpdate #BONE #CryptoInnovators #CryptoNews🔒📰🚫

The post "Shiba Inu Trading Volume Increases by 352%, What Could be the Reason?" first appeared on 36crypto.com News.
Popular memecoin Shiba Inu seems to benefit largely from the ongoing bullish rally as its trading volume has spiked about 352%. Thanks to the bull run, the trending memecoin joins the rest of the global crypto market in recording massive gains.
In an exciting development, today’s trading session saw Shiba Inu (SHIB) rise to a high of $0.00000964 according to CoinMarketCap data.
Since the end of November, Shiba Inu has been on a bullish trend. Consequently, its value surged by 10% today. However, at press time, SHIB has shed over half of its day gains and is now up by 4.76% over the last day.
Meanwhile, #ShibaInu is not the only coin enjoying the bullish momentum. The flagship cryptocurrency, #Bitcoin reached a new yearly high of $42,000. Also, #BONE - Shibarium gas token recorded a 6.55% increase in the last 24 hours, raising its value to $0.74 at the time of writing.
Shiba Inu trading volume spikes
The increase in the value of SHIB comes with a spike in its daily trade volume. According to live data from CoinMarketCap, the trading volume of Shiba Inu rose by 352%.
As a result, about $663,700,914 worth of trade was recorded over the last 24 hours. This represents about 74.2 trillion #SHIB tokens exchanged within the last 24 hours.
For context, trading volume is a metric used to evaluate the trading activities and interest in a particular cryptocurrency. This means that a high trading volume indicates a lot of trading (buying and selling) activity involving the crypto asset.
A sharp surge in trade volume as in the case of Shiba Inu often indicates that there is momentum behind the said asset. This momentum can be driven by several factors.
Shibarium transaction surges
One of the factors that can be attributed to the spike is an increase in transaction volume in Shubarium – Shiba Inu layer 2 blockchain solution.
Over the weekend, Shibarium saw a significant increase in transactions, adding more than 25 million transactions since the beginning of its surge on Thursday.
At press time, Shibarium’s total transaction has risen to 31,417,236 after adding about 7.84 million transactions in the last 24 hours. Furthermore, the total number of blocks created on the network is now 1,945,119.

In addition, the total wallet addresses on Shibarium are now 1,285,977 according to data from Shibariumscan.
Finally, data from Coinstats show that Shiba Inu (SHIB) is currently selling at $0.0000089 with a 24-hour trading volume of $722,372,505 ($722 million) and a live market cap of $5,256,509,383 ($5.2 billion) maintaining the #18 position on the global crypto market chart.