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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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

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Maxwell Mutuma
Maxwell Mutuma

Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. I write extensively on topics such as blockchain, cryptocurrency, tokens, and more for many publications. My goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.

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