Shibarium’s Positive Effect on BONE: Crypto Analyst Predicts Long-Term Price at $10 Mark

Whale.Guru, a prominent figure in the crypto community, recently hinted at the imminent launch of Shibarium. This new blockchain platform is expected to utilize $BONE as its primary gas fee, similar to how Ethereum uses $ETH. This revelation has sparked significant interest among developers and users alike, as both groups will require $BONE to operate on the Shibarium blockchain.

Whale.Guru’s predictions suggest a short-term price range of $2-3 for $BONE, with a long-term potential of reaching $8-10. It’s noteworthy that Shibarium is yet to be made live, and $BONE has yet to debut on any tier-1 Centralized Exchanges (CEX).

SHIB GUY, another influential crypto enthusiast, highlighted the impressive growth of $BONE since its inception. The cryptocurrency has witnessed a staggering 457.18% increase, touching an all-time high of USD 41.67 in the month of September in 2021. Such figures indicate the immense potential and trust investors have placed in $BONE.

SHIB KNIGHT further emphasized the correlation between $BONE and $SHIB’s market movements. Recent trends show that $BONE often mirrors the price pumps of $SHIB, indicating a strong interrelation between the two tokens.

Speculations and Market Predictions

Bone SumerOfShibarium, known as @shib555 on social media, presented an intriguing perspective on $BONE’s potential market cap. Drawing a comparison with $BNB’s market cap, the crypto analyst speculated that if $BONE were to achieve a similar market cap, its price could range between $160 to $480. This view has garnered significant support from various quarters of the crypto community.

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Furthermore, current market trends show $BONE bullish, with a recent price surge of 5.04%. This uptrend further solidifies the positive sentiment surrounding the token.

The crypto world is abuzz with speculations and predictions regarding $BONE’s future, especially with the anticipated launch of Shibarium. As developers and users gear up for this new blockchain platform, the demand for $BONE will rise exponentially. With its historical performance and current market trends, $BONE is undoubtedly a token to watch out for in the coming months.

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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