The Shiba Inu community is rallying behind Bone Shibaswap’s potential as engagement with Binance Futures NEXT gains traction. With nearly 28,200 picks garnered on Binance’s platform, excitement for the Shiba Inu (SHIB) team’s Bone token is palpable. The community's fervent support and optimism for the project's future are evident as they eagerly anticipate potential listings.
Trading at $0.00003012, SHIB demonstrates remarkable growth, with a 137% increase in the 14-day chart and a staggering 241% surge over the past month. This bullish momentum has propelled SHIB’s price by 195.3% since March 2023. However, Bone ShibaSwap (BONE) tells a different story. Despite modest gains, BONE's price remains down by nearly 30% since March 2023, currently hovering at $0.9038. This discrepancy prompts questions about the variance in performance between SHIB and its associated tokens.
CoinCodex forecasts offer optimism for BONE's trajectory, with potential upsurges in prices projected. Estimates suggest BONE may reach $2.79 by April 5, 2024, marking an increase of around 170.87% from current levels. Additionally, a projection for BONE to reach $3.47 on April 11, 2024, signifies a notable surge of about 236.89% compared to the current price.
SHIB/USD1-Day price chart
Analyzing technical indicators, SHIB's 1-Day RSI stands at 65.30, indicating a potential approach towards overbought conditions. Meanwhile, the 1-day MACD trading below the signal line hints at a possible reversal or correction in SHIB’s price. Conversely, BONE’s 1-day RSI sits at 50.99, reflecting a neutral stance. Although the 1-day KST suggests a positive short-term trend, the 1-day MACD trading below the signal line presents a bearish signal for BONE.
BONE/USD1-Day price chart
Blum Crypto’s Binance listing, now expected around October 30th, 2024, has created significant buzz. With an airdrop event on the horizon, Blum’s future in the crypto market seems poised for growth and increased liquidity.
WenJunThe launch of a U.S. spot Ethereum exchange-traded fund (ETF), which many expected to launch as early as July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC).
JinseFinanceSHIB community warned of phishing emails promising fake Bone airdrops, aiming to steal assets. ShibArmy Scam Alerts advises caution, urging holders to delete such emails and avoid clicking on links. Vigilance is crucial to safeguard assets and personal information.
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