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Bone ShibaSwap (BONE) exhibits positive signs of upward momentum, backed by robust fundamentals and bullish technical indicators.
Serving as the governance token for the ShibArmy community, BONE enables holders to exert voting power on proposals, thereby incentivizing ownership.
Furthermore, $BONE serves as the gas token for the efficient Shibarium Layer-2 Blockchain, ensuring smooth and streamlined transactions.
With a carefully crafted total supply of 250 million tokens, circulation is thoughtfully managed, contributing to the coin’s potential for future growth.
#Bone #Shib $Shib
The season of #layer2 blockchain is near and no doubt #Shibarium will beat everyone . . .$Bone Is Only Gas For Shibarium . . . pic.twitter.com/XYNvYGM5gr— Bone ShibaSwap (@BoneShiba) July 13, 2023
The founder of Shiba Inu’s vision drives $BONE’s uniqueness, emphasizing community-oriented practices in the dynamic DeFi world.
As ShibArmy grows, $BONE remains at the core, promoting decentralized governance and blockchain transactions for an inclusive ecosystem.
$BONE, the brainchild of Shiba Inu’s founder, stands out in the ever-evolving DeFi landscape, driven by a vision prioritizing community-oriented principles.
Amidst the flourishing ShibArmy, $BONE maintains its central role, advocating for decentralized governance and fostering an inclusive ecosystem through blockchain transactions.
Bone ShibaSwap Token’s Recent Listing
Adding $BONE to Changelly’s listing has triggered a substantial price rally for the cryptocurrency.
Empowered by the Doggy DAO, the ShibArmy community now wields greater influence over the platform’s future trajectory.
Since the announcement on July 20, $BONE has seen a remarkable 10% price surge in a mere 4-day span.
$BONE by @Shibtoken is now listed on Changelly! 🚀
The governance token of the Shiba Inu ecosystem, $BONE was designed to allow the #ShibArmy to vote on proposals via the Doggy DAO 🐶
Exchange $BONE ➡️ https://t.co/L5F1VjwV24 pic.twitter.com/RgwK5due0q
— Changelly (@Changelly_team) July 20, 2023
Earn Incentives Delegating Bone ShibaSwap
Shibarium Beta testnet offers lucrative incentives for $BONE token delegation, attracting a growing number of participants eager to explore its new functionalities and earn rewards.
This has resulted in a notable surge in the price of $BONE tokens as more users join the network, enticed by the attractive incentives it offers.
$BONE rewards for delegation on #ShibariumBeta testnet, not bad at all.#BONE #SummerOfShibarium pic.twitter.com/A9gz16xPyd
— Digarch*shib | Shibarium is live (@Digarch) July 27, 2023
Shibarium Beta Bridge Launch Sparks Optimism for $BONE’s Future
Shibarium Beta Bridge’s public testing launch has ignited market speculation, hinting at promising prospects for $BONE.
🔥 Shibarium Beta Bridge has gone live for public testing! 🎉
Be among the first to try out this revolutionary cross-chain solution.
Remember, always exercise caution and verify authenticity before connecting your wallet to any website.
PLEASE DO NOT USE YOUR REAL ASSETS!… pic.twitter.com/7yfhX8gQc6
— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) July 26, 2023
With the upcoming beta version launch, $BONE token, serving as Shibarium’s mandatory token for transactions, is anticipated to witness a substantial increase in utility.
As a consequence, a surge in demand for $BONE is expected, potentially driving its price higher in the market.
Wow😍
It runs smoothly… $BONE explorer
You know you will need $BONE to make any transaction on #Shibarium#SummerOfShibarium ☀️😎 pic.twitter.com/tfa3Pfjixx
— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) July 23, 2023
BONE/USD Price Analysis
Technical analysis of the BONE/USD trading pair reveals the emergence of a bullish pennant pattern on the four-hour chart.
The upper band of the symmetrical triangle acts as a significant resistance level in this pattern.
If a breakout happens and the price manages to close above this resistance, it may trigger a strong bullish rally.
The increase in buying pressure could potentially drive the Bone ShibaSwap price to reach new all-time highs. Traders and investors should closely monitor this price action for potential trading opportunities.
Bone ShibaSwap is showing positive signs, supported by technical indicators like the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI), indicating growing momentum and buying pressure in the market.
The Exponential Moving Average (EMA) cross also reinforces the bullish outlook.
With a market capitalization of $302.5 million and liquidity of $7.88 million, Bone ShibaSwap enjoys a high-reliability score of 99/99 on DEXTools, along with a commendable Community Trust rating of 93.8%.
For investors seeking alternative options, consider exploring WSM, a promising choice with similar growth prospects and strong fundamentals.
Alternative to BONE
Wall Street Memes ($WSM) emerges as a compelling contender in the meme coin realm, swiftly capturing traders’ attention and raising an impressive $18.27 million during its presale phase. Boasting a robust community of over 1.1 million enthusiasts and investors, Wall Street Memes exhibits strong online presence and surging demand.
A key boost to the project’s popularity came when tech billionaire Elon Musk engaged with one of its memes on Twitter. This interaction, coupled with unwavering community support, positions Wall Street Memes for potential stardom in the meme coin market.
Investors still have the opportunity to acquire $WSM at a presale price of $0.0325 per token. However, time is running short as the project approaches its open market debut.
https://twitter.com/walstreetmemes/status/1683460994222235649
Distinguished by its clever incorporation of humor and viral memes, Wall Street Memes offers a distinct and engaging user experience. By blending wit with finance, WSM aims to attract a fresh wave of crypto enthusiasts who delight in financial ventures. Backed by an active and fervent community, Wall Street Memes exemplifies the symbiotic potential between memes and investments.
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