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ShibaSwap [BONE] token, SHIB holders might want to watch out for this…

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Meme coins have been popular for years and the community around these coins has held strong. Dogecoin and Shiba Inu are prime examples, but meme coin critics will point towards a lack of utility for these coins. The Shiba ecosystem has addressed these concerns with the rise of the ShibaSwap [BONE] and Doge Killer [LEASH] tokens. BONE is a governance token that allows holders to propose and vote on changes to the ShibaSwap protocol.

ShibaSwap is a decentralized exchange (DEX) native to the Ethereum blockchain for the Shiba Inu project and an integral part of Shibarium. According to DefiLlama, it had a TVL of $28.8 million and its governance token had an FDV of $217.5 million at press time. It is a fork of the SushiSwap DEX, which had originally forked from Uniswap. Together with SHIB, BONE, and LEASH tokens, ShibaSwap also offers staking, liquidity pools, and yield farming services.

Read Bone ShibaSwap’s [BONE] Price Prediction 2023-24

Over the past two weeks, Shiba Inu has been on a downtrend after the rejection at the resistance above $0.0000117. It was trading at the $0.00001 support at press time but more losses cannot be ruled out. Bitcoin oscillated from $27.2k to $30k over the past two weeks as well, which meant the altcoin market might not see a strong trend until BTC can move past these levels.

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What are the prospects of BONE in the coming weeks, and what can traders and investors watch out for?

Should ShibaSwap [BONE] holders bury their tokens and wait for exorbitant returns?

Source: BONE/USDT on TradingView

The 12-hour chart for BONE showed the token was on a downtrend since late February. The market structure was firmly bearish, with the recent lower high at $1.16. This was registered on 25 April but BONE has been unable to close a trading session above the $1.09-resistance. At the same time, the $0.89-support level was defended upon the retest on 1 and 2 May. Should ShibaSwap [BONE] holders bury their tokens and wait for exorbitant returns?

Source: BONE/USDT on TradingView

The OBV also noted a bounce during this retest, which showed some demand at the support level. However, the RSI has been below neutral-50 for the majority of the last two months, which suggested a longer-term downtrend. This is yet to be broken.

How much are 1, 10, or 100 BONE worth today?

The OBV did not have a trend since March. While it did see some gains in March, it slowly bled lower in April. Therefore, the inference is that despite the downtrend on the price charts, neither bulls nor bears had the upper hand while BONE traded within the $0.9-$1.1 area.

Another observation is that BONE could form a range between the resistance and support at the $1.09 and $0.89 levels. The formation of a range could signal that the longer-term bottom could be in for BONE. This, supported by evidence from activity on the chain.

Should ShibaSwap [BONE] holders bury their tokens and wait for exorbitant returns?

Source: Santiment

Despite the gloomy outlook on the price charts, the on-chain metrics showed that bulls were not dissuaded. Since mid-March, the mean coin age has been on the rise. This indicated network-wide accumulation. There was a sharp drop on 23 April, which was accompanied by a sharp spike in the 90-day dormant circulation. While this showed increased token movement within the network, it was not seller dominance as the price was rising at that time. Should ShibaSwap [BONE] holders bury their tokens and wait for exorbitant returns?

Source: Santiment

But this was followed by a rejection from the $1.1 resistance. Despite the retracement to $0.9, the mean coin age resumed its previous uptrend. Exchange outflows also saw significant surges over the past two weeks, which indicated the likelihood of accumulation from whales.

Therefore, in the coming weeks, it is possible that Bone ShibaSwap bulls could initiate a rally, provided Bitcoin does not see a huge wave of selling.

Should ShibaSwap [BONE] holders bury their tokens and wait for exorbitant returns?

Source: SHIB/USDT on TradingView

Shiba Inu has traded within a range as well. Unlike BONE, SHIB has ranged from early March. At that time, BONE was still on a downtrend. This was one of the few times over the past six months that the trends of BONE and SHIB were not in tandem. Should ShibaSwap [BONE] holders bury their tokens and wait for exorbitant returns?

Source: SHIB/USDT on TradingView

Generally, both the assets moved in lockstep on the price charts, although the magnitude of the moves was different. With Shiba Inu at the $0.00001 range lows, it is now or never for SHIB bulls to mount a comeback.

The RSI was below neutral 50, and the market structure was bearish for SHIB as well. Yet the CMF has climbed somewhat over the past week, although it still did not show significant capital inflows with a reading greater than +0.05. If that occurs, Shiba Inu could begin to climb higher due to rising demand.

In turn, this could spur BONE on a bullish run as well. The next significant resistance is close to 20% to the north for Bone ShibaSwap and could present swing traders with an opportunity to buy the asset.

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  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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