Shiba Inu is the world’s 2nd ranked meme coin and 14th cryptocurrency by market cap. However, like many other meme coins, SHIB tokens lacked utility, and without real-world use cases, SHIB tokens could not achieve any significant growth in the past two years. That’s why Shiba Inu developed its token exchange that uses Bone Shiba (BONE) tokens as a utility.
The token went live at a price just below $1, and despite the considerable interest among investors, the price pump is going much slower than expected. However, the newest Shiba-inspired crypto platform, Shibie, is gearing up for a massive price pump that could lead to massive gains for all early investors. So let’s see what’s going on in more detail.
BONE Pumps 56% In 3 Weeks – A Letdown For All Early Investors
The BONE token is designed as a more sustainable crypto in the Shiba Inu Metaverse. It works as the governance token on the new ShibaSwap DEX and is also used for gas fees within Shib’s Layer 2 blockchain, which will go live shortly. The new token is designed to help mitigate all the mistakes made by the original SHIB coin, and if all new features launch successfully, BONE is expected to keep pumping slowly but surely into the future.
The token went live in June 2023, a few days before ShibaSwap became available to the public. The token took off immediately, resulting in 56% gains in the previous three weeks. BONE tokens are now selling for $1.44, and while it managed to outperform all leading tokens, including BTC, ETC, DOGE, and others, the price pump was immediately followed by a pullback and is now dropping again. However, if ETH and BTC keep growing in the next few weeks, BONE tokens and all other altcoins are expected to keep growing.
BONE Tokens Aiming For $2
Price movements of the BONE token have surprised most of the markets, as they have already entered a bullish reversal and may drop back to the $1.15 resistance level. However, it slowly returned to its all-time high of $1.40 and surpassed two weeks later, almost reaching the $1.50 resistance level. Considering the price movements so far, BONE tokens are on their way to achieving the goal of $2 per coin, but the outcome largely depends on n BTC prices that must surpass $30,000 to ensure growth for all altcoins.
As you can see, the future of BONE is still uncertain, as its price depends on many factors that could have a negative impact on value. BONE looks like a solid investment option but won’t result in significant gains until it gets more utility. That’s why investors are turning to other Shiba Inu-inspired coins, with Shibie Coin being the hottest option in early August 2023.
Shibie Coin – The Hottest Shiba Inu Meme Coin on the Market
The Shibie Coin or $SHIBIE is the newest addition to the meme coin niche, and it brings a mix of the world’s famous Shiba Inu dog and the hugely popular Barbie character. The platform captures both characters perfectly, creating a new, playful icon gearing up for some of the highest gains in the meme coin sector.
The project is backed by an enthusiastic community working together to create a sustainable, high-value meme coin that will stay relevant for years. The $SHIBIE token will debut on DEX to extend its reach by becoming available on CEX listings in the future. The devs want to make it available for all investors looking for a vibrant, inclusive crypto community. It’s entertaining and shows high potential, promising a thrill-filled journey for all early investors.
Shibie Coin – Unique Token Distribution
Shibie’s token distribution is designed to ensure long-term growth and prevent rug pulls that are so common among emerging cryptocurrencies. The project will launch with 2,107,202,300 tokens, starting at $0.000474 per token. According to the so-called Shibie Shake-down (a new word for token distribution), 40% of the supply will be available in the presale, allowing you to get your $SHIBIE tokens at a discount. Another 20% will be reserved for marketing costs, 20% will stay locked to ensure high liquidity, and 20% will be dedicated to future CEX listings.
Shibie’s character won’t settle for anything other than glamorous greatness, as she wants to live in a perfect world worthy of a diva. Like a real Diva, you never know what will happen, but since Shibie doesn’t care about other cryptos out there, she won’t stop growing until she gets to the moon! Put simply, Shibie is now your average coin; she’s a relentless high-class bitch that has heads turning from the moment the first news about her spread throughout the crypto community.
$SHIBIE Token Presale Launches
The official $SHIBIE token presale has already launched and pumped t0 200k in a matter of says, allowing you to add another Shiba Inu-inspired token to your crypto portfolio. Visit the official site and join the community to get real-time notifications and ensure that you don’t miss your chance to invest in the new meme coin early to get the highest returns in the future.
Wrapping Up
The BONE token became one of the most stable gainers in July 2023. However, its future price depends on many factors, including BTC and ETH price movements, so it’s hard to predict how the coin will perform by the end of the year. So, if you’re looking for a safer Shiba Inu-inspired token option that will help you multiply your investments, the Shibie Coin is an excellent choice. Visit the official site for information on the newest meme coin gearing up for some impressive gains shortly.