Market Cap
$68,060,469.0
Fully Diluted Valuation
$74,003,432.9
24 Hour Trading Vol
$4,407,901.6
Circulating Supply
229,923,350.6
Total Supply
249,999,401.8
Max Supply
250,000,000.0
Bone ShibaSwap Price
$0.296
24h Range
$0.287 - $0.302
Percent Change 1h
0.67%
Percent Change 24h
-1.94%
Percent Change 7d
9%
All-time high
$15.50
All-time low
$0
1D
7D
1M
1Y
All
Bone ShibaSwap (BONE) is the native utility token of the ShibaSwap decentralized exchange, which is part of the broader Shiba Inu ecosystem. Launched in 2021, BONE serves multiple purposes within the Shiba Inu community, including governance, staking, and liquidity provision. It is an ERC-20 token built on the Ethereum blockchain, which allows it to benefit from Ethereum's robust security and widespread adoption. As of early 2024, BONE's total supply is capped at 250 million tokens, making it a deflationary asset as it is used within various protocols and applications.
The Shiba Inu ecosystem, including Bone ShibaSwap, was created by an anonymous group of developers who are collectively known as "Ryoshi." The identity of these founders remains undisclosed, which is a common practice in many decentralized projects. The Shiba Inu community has grown significantly, with active participation from users around the world. The project emphasizes community governance, allowing BONE holders to vote on important decisions related to the ShibaSwap platform and its future developments.
Bone ShibaSwap operates as a decentralized exchange (DEX) that allows users to trade various cryptocurrencies without the need for an intermediary. The platform utilizes an automated market maker (AMM) model, meaning that liquidity is provided by users who stake their tokens in liquidity pools. In return for providing liquidity, users earn BONE tokens as rewards. The platform also features yield farming, where users can stake their BONE tokens to earn additional rewards. Governance is another critical aspect of ShibaSwap, as BONE holders can propose and vote on changes to the ecosystem, enhancing decentralization and community involvement.
The use cases for Bone ShibaSwap are diverse and integral to the Shiba Inu ecosystem. Here are the top applications:
Ensuring the safety of your Bone ShibaSwap tokens involves several best practices:
Investing in Bone ShibaSwap (BONE) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Bone ShibaSwap: Once your account is funded, you can purchase Bone ShibaSwap directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Bone ShibaSwap using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Bone ShibaSwap (BONE) is currently trading at $0.296 and exhibits good potential for future growth. Check the latest Bone ShibaSwap (BONE) price prediction.
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