Shiba Inu Ecosystem Blooms: BONE Jumps 44% With $3 Target In Sight
19 Março 2024 - 6:30AM
NEWSBTC
Bone ShibaSwap (BONE), a token within the Shiba Inu ecosystem, has
showcased remarkable resilience amidst a predominantly bearish
market. Despite the downward trend, BONE has emerged as a top
performer, catching the attention of community analyst SHIB Knight,
who predicts further gains and a potential price target of $3.
Related Reading: XRP Price On The Crosshair As Trading Begins On
US-Backed Exchange SHIB Knight, a respected analyst within the
Shiba Inu community, has been closely monitoring BONE’s performance
and recently shared an update on the token’s outlook. Despite a
previous failed breakout attempt, SHIB Knight remains optimistic,
highlighting a chart that suggests BONE is now better positioned
for an anticipated bullish breakout. $BONE is having a nice pump
rn. It will pump more! 🔥🚀 https://t.co/ao3YvsrJzS
pic.twitter.com/P7HbIDVkmk — $SHIB KNIGHT (@army_shiba) March 18,
2024 At the time of writing, BONE has experienced an impressive
surge, with its price skyrocketing from a low of $0.87 to a high of
$1.09. This surge represents a significant 44% gain in the monthly
timeframe, accompanied by a substantial 60% increase in trading
volume compared to the previous day. BONE rallies in the monthly
timeframe. Source: Coingecko. A Relative Strength Index (RSI) of 65
indicates that the Shiba Inu BONE Token is in a bullish trend and
is seeing increased trading volumes after a spectacular 30-day
rally. BONE is currently trading at $0.84. While BONE’s current
price hovers around $1.09, SHIB Knight has set a target price of
$3, anticipating a potential 150% rally for the token. It is worth
noting that the memecoin is currently down almost 98% from its
all-time high in 2021, which implies ample room for growth. SHIB
market cap currently at $14 billion. Chart: TradingView.com The
limited exposure of BONE among major centralized crypto trading
platforms may have contributed to its slower price gains compared
to the ecosystem’s leading token, SHIB. Currently, BONE is listed
on platforms such as OKX and Gate.io, while notable exchanges like
Binance, Coinbase, KuCoin, and Bybit have yet to support its
trading. I expected $BONE to breakout of the channel, but it failed
last time. Breakout will happen sooner or later. Target is around
$3 pic.twitter.com/YJRRyST8kE — $SHIB KNIGHT (@army_shiba) March
17, 2024 To address this limitation, leaders of the Shiba Inu
community have rallied their members to campaign for BONE’s listing
on Binance, one of the largest crypto exchanges. They firmly
believe that inclusion on such a prominent platform would provide
the necessary catalyst for explosive price rallies, potentially
propelling BONE to unprecedented levels. Related Reading: Forget
Dogecoin, Shiba Inu Set To Become The Top Dog: Expert Predicts $100
Billion Market Cap As demand for the Shiba Inu BONE Token rises and
community members work strategically to achieve its listing and
increase its market visibility, this positive momentum has raised
investor intrigue about the token’s ability to cross the $3
threshold before the end of March. Despite the inherent risks, the
recent price surge of BONE and the optimistic outlook from SHIB
Knight have generated excitement within the Shiba Inu community.
Traders and enthusiasts will be closely monitoring BONE’s
performance in the coming days, eagerly awaiting signs of a
breakout and the potential for significant gains. Featured image
from Tara Winstead/Pexels, chart from TradingView
Mina (COIN:MINAUSD)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Mina (COIN:MINAUSD)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024