• BONE, the governance token for the Shiba Inu ecosystem, has seen a surge of over 43% in the past 30 days, reaching a trading value of around $1.94 on Friday.
• Gate.io cryptocurrency exchange has recently listed BONE, which already has about 10 million registered customers.
• CoinCodex estimates that the token could reach close to $3 by the end of March 2023.
Overview
This article provides an analysis of Bone ShibaSwap (BONE) and its price predictions for March 2023 after it was listed on Gate.io cryptocurrency exchange. It looks at the recent surge in its price and market capitalization as well as the upcoming Shibarium launch and its implications for BONE’s future price movements.
Bone ShibaSwap (BONE)
The governance token for the Shiba Inu ecosystem is called BONE, which has seen a significant surge of over 43% in the past 30 days, reaching a trading value of around $1.94 on Friday. With this increase in demand, BONE now has a market capitalization of approximately $449 million and ranks among one of the top three meme coins by market cap.
Gate.io Cryptocurrency Exchange
In anticipation to further growth within the Shiba Inu ecosystem, Gate.io cryptocurrency exchange recently listed BONE with about 10 million registered customers currently using it platform services. With this listing users will be able to stake their tokens as validators when Shibarium launches and earn passive income from doing so.
Price Action & Predictions
As both success from Shiba Inu’s parent blockchain and limited supply play major roles in influencing BONE’s price action; CoinCodex provided an updated prediction estimating that it could reach close to $3 by the end of March 2023 – if all goes according to plan with Shibarium’s launch going live as expected..
Conclusion
With Blockchain technology being applied across more sectors than ever before — increasing usage means increasing demand; making investments into cryptocurrencies like Bone ShibaSwap (BONE) intelligent moves despite possible corrections along its way up towards potential gains throughout 2021-2022 period