Shiba Inu's Governance Token Outperforms Dogecoin, Floki — Boosted By Support Expansion From Bermuda

Bone Shibaswap, the governance token of meme cryptocurrency Shiba Inu, is up 4% in the last 24 hours, outperforming the top five meme coins such as Dogecoin and Floki by market capitalization.

What Happened: At the time of writing, BONE was trading at $1.09.

The surge can be attributed to the recent support expansion from Bermuda, a non-custodial privacy dApp, which will enable users to transfer BONE to other wallets anonymously, enhancing the privacy of transactions.