Shytoshi Kusama says this token is vital to the future of Shiba Inu: “It is fully integrated into our governance and technology”

shiba inu SHIB/USD Lead Developer, Shytoshi Kusamahas highlighted the crucial role of the Shiba Bone Exchange BONE/USD token in the future of the project.

What happenedOn Tuesday, Kusama responded to an X user's accusation of bad press for the BONE token.

Enes T.A supporter of Shibarium, the ecosystem’s layer-2 blockchain, called out the mysterious figure for not doing enough to make people aware of BONE, the network’s gas token.

Responding to the complaints, Kusama clarified: “Bone is fully integrated into our governance and technology. It’s not a matter of becoming well-known, it’s vital to our future!”

See also: Dogecoin Active Users Are On The Rise, Will This Affect DOGE Price?

For the curious, BONE is in the heart from the decentralized exchange of the project, Shiba Exchangewhich acts as a governance and reward token for the platform. Additionally, transaction fees on Shibarium are paid in BONE tokens.

Why is it important?Kusama’s emphasis on the importance of BONE aligns with her previous hints of “massive plans” for the Shiba Inu ecosystem. Over the years, the project has attempted to move beyond its narrow memecoin origins, taking important steps in transitioning toward a self-sustaining decentralized system.

From the beginning, Kusama's mysterious identity has generated an additional level of interest in the ecosystem. In a recent interview, they denied any plans to reveal her face and that they would want the mask to remain famous.

Price action:At the time of writing, BONE was trading at 0.3925, up 1.35% over the past 24 hours, according to Data from Benzinga ProThe SHIB token was trading at $0.00001368, up 0.92% in the past 24 hours.

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Disclaimer: This content was produced in part with the assistance of Benzinga Neuro and was reviewed and published by Benzinga editors.

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