• Shiba Inu Governance Token BONE Nears Spectacular 50k Holders

  • The ecosystem token for Shiba Inu, BONE, is getting close to reaching 50,000 round holders. The BONE Twitter account reports that there are currently 49,278 BONE owners.

    More than 1.2 million people now own SHIB tokens, setting a new milestone for SHIB. There are now 1,205,039 Shiba Inu owners worldwide. ShibaSwap’s governance token, the BONE token, has a total supply of 250,000,000 tokens and enables the Shiba Inu community to vote on future initiatives.

    only 499,000 BONE Still to be minted

    The Shiba Inu team has just modified BONE’s minting rate, and instead of suspending the process entirely when it reaches the 230 million cap, the team intends to reduce BPB (Bone Per Block) by slowing down to 1 BPB.

    The community already decided to cap the total supply of BONE at 230 million and stop minting at that point in order to protect the remaining 20 million BONE for Shibarium validator jobs. Only 499,000 BONE need to be minted as of July 15 in order to achieve the 230 million cap.

    For Italy’s first Shiba Inu joint venture, Italian fast food restaurant Welly, rebranding was finished in the first few days of February. Welly, Sorbillo, and other companies have joined forces with NOWPayments to support Shiba Inu payments. Regarding Welly’s participation in the burning of Shiba Inus, the business declared that it “actively participates.”

    As of right present, according to WhaleStats, Shiba Inu is one of the top 100 ETH whales. The cost of SHIB has recently been growing. At the time of publication, SHIB was trading at $0.000011, up nearly 4% over the previous day.

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