Why is $BONE in 2022 Being Compared to $ETH in 2015 And Is A Price Surge Near?

Many crypto traders from around the world are opening their eyes to the value of $BONE but the question is why and what has...

Many crypto traders from around the world are opening their eyes to the value of $BONE but the question is why and what has changed? To answer this question we have to take a deeper dive into what SHIBARIUM is and how it parallels the Ethereum network from years ago.

Shibarium is a layer-2 solution that was proposed by the Founder of Shiba Inu, Ryoshi. Shibarium is being built by UNIFICATION who recently said that SHIBARIUM would have transactions “approved in seconds for pennies”. There are many developers waiting for the release as they want to build upon it. One of the main projects, Pawzone, is fired up and ready to go.

So how is BONE and ETH Connected? Let’s take a look back in 2015 at Ether. August of 2015 it was fluctuating between .96-1.25. Remember this is only 6 years ago today. Does this pattern seem comparable to what $BONE is doing now? Yes, 100%.

Now let’s jump to March of 2017 when Ethereum was first listed on Coinbase. I use this comparison because $BONE is close to being listed on some major exchanges from what we are seeing. At the time ETH jumped from the dollar range to 49.75.

But we are not done. More exchanges started to notice the pickups and added ETH to their platforms. This caused even more interest in the token being used for GAS. In less than a year Eth went from the single digits to hitting 1000 USD for the first time.

With BONE being the only GAS to be used on SHIBARIUM and a MAX Supply capped at 250 Million it is possible to see a similar price action with the token after the listings and especially when more announcements come out about SHIBARIUM. We encourage everyone to do their own research but in our humble opinion, $BONE is going to surprise a lot of people in the very near future.


Shib Dream

6 Blog posts

Comments
Tasos Boutzas 2 yrs

Do you think SHIBARIUM will only affect the BONE price? Do you think the price of the SHIBA will be affected as well?

 
 
CryptoNicOg 2 yrs

This is a great Article. Would love to see your market predictions with BONE going into 2023, and potential launch of Shibarium. If you have one already please link me.