BONE, the ecosystem token for Shiba Inu, is about to surpass a new milestone as its holder count approaches the 50,000 round threshold. The number of BONE holders is currently 49,278, according to the latest updates posted by the BONE Twitter account.
#Bone #Bonearmy
🔥 $Bone currently has 49,278 Holders, only 722 people are left to reach 50,000 people— Bone ShibaSwap (@BoneShiba) July 16, 2022
By surpassing the 1.2 million mark in the number of holders, the SHIB token recently achieved a new record-breaking milestone. The number of Shiba Inus owned as of right now is 1,205,039.
The ShibaSwap ecosystem’s governance token, BONE, has a maximum supply of 250,000,000 tokens and enables the Shiba Inu community to vote on upcoming proposals.
As was previously mentioned, the Shiba Inu team recently provided updates on the new BONE minting rate, stating that rather than completely suspending the process as it approaches the 230 million maximum, it seeks to lower the BPB (BONE Per Block) by changing the current minting rate to 1 BPB.
More Stories:Â Market Cap of All Crypto UP 15% in Last 5 Days
The community agreed to stop minting BONE at 230 million and set aside the remaining 20 million for Shibarium validator duties, keeping the maximum supply at the original cap of 250 million. As of July 15, only 499,000 BONE need to be minted to reach the 230 million maximum, according to the latest data.
Restaurants in Venezuela accepting SHIB payments
Shiba Inu, popular as “Shiba Food,” a restaurant in Venezuela, has said it will accept SHIB as payment.
I present Shiba Food, establishment located in the Shiba Zone, where you can enjoy delicious varied food. Establishment that will also accept Shiba Inu as a payment method. Shiba Zone Keep walking forward. WOOF! pic.twitter.com/plHFCwJmk0
— Xanders Shib🇻🇪 (@ShibaXanders) July 17, 2022
After partnering with Shiba Inu, the Italian fast-food business Welly underwent a complete rebranding at the beginning of February. To accept payments in Shiba Inu, Welly, Sorbillo, and other retailers have partnered with NOWPayments. Additionally, Welly stated that it would “actively engage” in the burning of Shiba Inus.
Shiba Inu currently owns the largest token position among the top 100 ETH whales, according to WhaleStats. SHIB was showing a gain in price at the time of writing after closing out the previous four trading days in the black. At the time of publication, SHIB was trading at $0.000010.
