Is BONE a Safer Investment Than Shiba Inu? IntoTheBlock Data Weighs In

A hot debate is swirling around which token in the Shiba Inu ecosystem is the better investment – the flagship meme coin SHIB or the gas token BONE. As investors, we BONE investors are currently in a better position than SHIB fans.

BONE Holders Seeing More Profit According to IntoTheBlock

According to data from IntoTheBlock, the number of BONE holders in profit right now is almost 74% of all addresses, despite a 20% drop in price over the past week. In contrast, SHIB holders are facing a more uncertain landscape.

BONE's Resilience Explained

This resilience likely stems from BONE's utility within the Shiba Inu ecosystem, primarily as a gas token for Shibarium. The upcoming developments and increased adoption of Shibarium could further bolster BONE's value. According to data from Incoming Blocks, despite a 20% price drop over the past week, the number of BONE holders who are...

Key Risk Factor for BONE: Large Transaction Volume

The only factor which could make $BONE lose momentum is a 10.67% drop in large transactions, according to crypto analytics tool IntoTheBlock. However, current trends suggest continued support for $BONE's...

Conclusion: BONE Presents a Potentially More Stable Option

While all cryptocurrency investments carry risk, current data, particularly from IntoTheBlock, suggests that BONE offers a potentially safer and more profitable investment opportunity compared to Shiba Inu (SHIB), at least for now. Keep a close watch on transaction volumes and overall market trends before making any investment decisions. benefit for $BONE