Shiba Inu Unwraps Shibarium NFT Marketplace Access with BONE

There's a lot of activity happening within the Shiba Inu ecosystem, particularly with the introduction of Shibarium and the utilization of the BONE token in its NFT marketplaces.

Shibarium Introduction: Shibarium is described as the Layer-2 scaling network for Shiba Inu. It has been in existence for over half a year.

BONE Token Utility: BONE, the official gas fee token of Shibarium's ShibaSwap, is gaining new utility in the emerging Shibarium NFT marketplaces. It serves as a gateway for Shiba Inu holders to access these NFT markets.

Access Requirements: To enter Shibarium's NFT markets, crypto enthusiasts need to have both Ethereum (ETH) and BONE tokens in their wallets. They can add the Shibarium L2 mainnet via chain ID 109 on chain.shibrpc.com.

Shibarium Bridge: The next step involves using the Shibarium bridge to transfer $BONE into a Shibarium-compatible wallet. This process can be completed through the official Shibarium gate on Shibarium.shib.io.

NFT Marketplaces: Mentioned NFT marketplaces on Shibarium include MantraProtocol, which is highlighted as a top NFT marketplace on-chain, and ShibaPunkz, noted as the most talked-about NFT collection across Shiba Inu's social media channels. Additionally, The Geishas of Shibarium is mentioned as another trending NFT collection.

Upcoming Integrations: There is anticipation among the SHIB community for the integration of the original Shiboshis NFTs into Shiba Inu's upcoming blockchain version, Shiba Eternity.

Price Update: The SHIB token experienced a drop to monthly lows but rebounded to trade at $0.00000920 at the time of publication. Meanwhile, the BONE token saw a 3% decline in the last 24 hours, reaching fundamental support at $0.60 and currently trading at $0.62 with a global market capitalization of $155.5 million.

Market Sentiment: The information also mentions the waiting period for the Securities and Exchange Commission (SEC) decision regarding the inaugural Bitcoin ETF and notes the market movements in response to these developments.

Please note that the cryptocurrency market is highly dynamic, and prices can change rapidly. It's always important to verify information from official sources and consider the latest market conditions.

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