Over $1 Million in BONE Tokens Poised for SHIB Conversion and Burn

Over $1 Million in BONE Tokens Poised for SHIB Conversion and Burn



A prominent Twitter account focused on Shiba Inu themes, @ShibBPP, recently posted a tweet that has excited the SHIB community. The tweet reveals that over a million dollars in BONE tokens are available to be converted into SHIB and then destroyed. It poses the question, "Who will push the button?" This refers to the 1,396,569 BONE tokens, worth $1,028,306, gathered in transaction fees on Shibarium. However, there's a complication preventing the immediate burning of all these BONE tokens post-conversion.



The SHIB community is currently buzzing about this potential massive SHIB destruction, but the actual burn rate has only seen a slight uptick, with about 2.8 million Shiba Inu tokens sent to 'dead' addresses. In Shibarium, transaction costs are paid in Bone ShibaSwap (BONE) tokens. A significant portion of these fees is earmarked


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#Adoption, #Altcoin, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Ethereum

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