Investors in one Shiba Inu-related altcoin are now significantly outpacing those who hold Shiba Inu (SHIB) itself.
The analytics firm IntoTheBlock says the majority of Bone ShibaSwap (BONE) investors are currently “in the money” and enjoying profits.
According to IntoTheBlock, 56,370 BONE addresses are in the green, representing nearly 75% of all Bone ShibaSwap wallets.
Only 14.91% are currently underwater, with the remaining 11.22% of BONE addresses are at breakeven.
Source: IntoTheBlock
Meanwhile, 30.56% of Shiba Inu holders are in profit, while nearly 65% are nursing losses.
About 5.85% of SHIB owners are breaking even.
Source: IntoTheBlock
BONE is the governance token of the decentralized exchange ShibaSwap. It will also be used to pay for gas fees on Shibarium, the much anticipated layer-2 project built on
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