Bone Shibaswap BONE/USDthe governance token of the meme cryptocurrency Shiba Inu SHIB/USDis up 4% in the last 24 hours, outperforming the top 5 meme coins such as Dogecoins DOGE/USD And Floki FLOKI/USD by market capitalization.

What happened: At the time of writing, BONE was trading at $1.09.

The increase is due to the recent expansion of support for Bermuda, a non-custodial privacy dApp that allows users to anonymously transfer BONE to other wallets, improving transaction privacy.

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In addition, there was speculation about the similarity of the Shibarium testnet code to the Rinia network, leading to the proliferation of FUD. Earlier this week, the Shibarium developers changed the official chain ID, bringing positive vibes to the Shiba Inu community.

Price promotion: At the time of writing, DOGE was trading at $0.075, up 1.38%. SHIB traded at $0.000010, up 0.62% in the last 24 hours, according to Benzinga Pro.

Continue reading: Bitcoin, Ethereum, Dogecoin Spike Despite Crypto Exchange Shutdown After SEC Lawsuit: Analyst Says Apex Crypto Has “Lots of Room to Grow”