Shibarium relaunch sparks BONE price rally, but bearish signals linger

BONE’s price climbed by double-digits in the last week following Shibarium’s mainnet relaunch. However, price growth might be due to hype as no underlying momentum supports the same amongst daily traders. The mainnet relaunch of Shibarium, a Layer-2 (L2) solution for the Shiba Inu [SHIB] ecosystem, on 24 August has sparked a price rally for …

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