ShibaSwap (BONE) TVL skyrockets, doubling since November 2022

DeFi platform ShibaSwap has seen a massive boost in its TVL since November 2022, with the figure doubling from $17 million to $36.5 million. The increase is a surprise, given that the crypto market has experienced a massive crash due to the FTX collapse.

The BONE token has jumped by 120% YTD, increasing from $0.873 to around $1.953. The SHIBA INU community created a Change.org petition to have BONE listed on Binance. One thousand seven hundred seventy-two have signed the petitions so far out of a target of 2,500.