3 Reasons Why Shiba Inu’s BONE Skyrocketed 15% in a Day

The price of Shiba Inu’s BONE token has increased by 15% over the course of 24 hours, and it is presently trading at $1.36. Per data from CoinGecko, BONE’s 24-hour low was $1.19, while its intraday peak was $1.41.

Additionally, the token’s trading volume has surged by nearly 30% during the same period, showing increasing interest among market participants. But why is this so?