The world of decentralized finance (DeFi) continues to evolve, and Bone ShibaSwap (BONE) remains a key player within the Shiba Inu ecosystem. As a utility and governance token, BONE powers multiple functions across ShibaSwap and Shibarium, making it essential for users seeking exposure to one of crypto’s most vibrant communities. This comprehensive guide dives into the current Bone ShibaSwap price, market data, tokenomics, use cases, and more—equipping you with the insights needed to understand BONE’s role in the broader Web3 landscape.
🔍 Live BONE Price Analysis
As of now, the real-time Bone ShibaSwap price stands at $0.1904**, with a 24-hour trading volume of **$981,557. Over the past day, BONE has declined by 5.50%, and over the last seven days, it has dropped by 18.52%, reflecting recent market volatility. The current market capitalization is $43,774,612, placing BONE at #363 among all cryptocurrencies.
With a maximum supply capped at 250 million tokens, BONE maintains a controlled emission model. Currently, 229,923,351 BONE coins are in circulation. The token is trading 96.49% below its all-time high of $5.42**—reached on November 16, 2021—and **8.02% above its all-time low of $0.1763.
These metrics underscore the importance of monitoring both price trends and on-chain activity when evaluating BONE as part of a diversified crypto portfolio.
👉 Discover how DeFi tokens like BONE are shaping the future of finance.
🧩 What Is Bone ShibaSwap (BONE)?
Bone ShibaSwap is a core utility and governance token within the ShibaSwap decentralized exchange (DEX) ecosystem. Alongside SHIB and LEASH, BONE supports the platform’s DeFi mechanisms, including staking, liquidity provision, and on-chain governance.
ShibaSwap enables users to swap tokens seamlessly while earning rewards through various yield-generating strategies:
- DIG: Users provide liquidity to designated pools and earn BONE rewards.
- BURY: Staking BONE tokens to earn additional returns over time.
- WOOF: A feature that allows liquidity providers (who hold SSLP tokens) to earn extra rewards in BONE, DAI, USDT, and a share of swap fees.
Additionally, BONE serves as the gas token for Shibarium, Shiba Inu’s Layer 2 blockchain solution designed to reduce transaction costs and improve scalability. This dual role—as both a governance and utility token—enhances BONE’s long-term value proposition.
Holders can participate in governance via DOGGY DAO and ShibaSwap DAO, voting on protocol upgrades and community proposals. Voters are rewarded with tBONE, a non-transferable token that represents voting power and incentivizes ongoing participation.
🏗️ Who Founded ShibaSwap?
ShibaSwap was launched by an anonymous developer known as Ryoshi, who introduced the project in 2020 with a vision of creating a decentralized, community-driven ecosystem. In May 2022, Ryoshi stepped away from the project, deleting all public social media content. However, development continued under the leadership of another pseudonymous figure—Shytoshi Kusama—who reaffirmed commitment to Ryoshi’s original roadmap.
Under Kusama’s guidance, the team advanced Shibarium’s launch and expanded ShibaSwap’s functionality, ensuring continuity and innovation within the ecosystem.
💰 Tokenomics: Understanding BONE Supply & Distribution
The BONE token operates under a deflationary and capped supply model:
- Maximum Supply: 250 million BONE
- Circulating Supply: 229,923,351 BONE
- Supply Cap Proposal: The community voted to limit minted supply to 230 million tokens to prevent inflationary pressure.
- Validator Rewards: 20 million tokens reserved to secure the Shibarium network and reward validators.
- Development & Marketing: 10% of all emissions allocated to fund ecosystem growth.
This structured distribution supports long-term sustainability and helps stabilize the Bone ShibaSwap price amid market fluctuations.
Frequently Asked Questions (FAQ)
Q: What is the current Bone ShibaSwap price?
A: The live BONE price is $0.1904, with ongoing updates reflecting real-time market movements.
Q: Where can I buy BONE cryptocurrency?
A: BONE is available on major exchanges such as Binance, Kraken, and KuCoin. Popular trading pairs include BONE/USDT and BONE/DAI.
Q: What is the all-time high for BONE?
A: BONE reached its highest price of $5.42 on November 16, 2021.
Q: Can I stake BONE tokens?
A: Yes—users can stake (BURY) their BONE tokens on ShibaSwap to earn passive income.
Q: Does BONE have a fixed supply?
A: Yes. While the maximum supply is 250 million, only 230 million will be minted due to a community-approved cap.
Q: Is BONE used outside of ShibaSwap?
A: Yes. BONE functions as the gas fee token on Shibarium, enabling low-cost transactions on Shiba Inu’s Layer 2 network.
🔐 Securing Your BONE Tokens
For long-term holders, storing BONE securely is crucial. While exchange wallets offer convenience, they come with higher risk. Hardware wallets provide superior protection against hacks and unauthorized access.
Although specific brand recommendations are excluded per guidelines, cold storage solutions that support ERC-20 and BEP-20 tokens are ideal for holding BONE across different blockchains.
👉 Learn how to securely manage DeFi assets like BONE in a rapidly evolving ecosystem.
📈 Market Outlook & Investment Considerations
While BONE remains significantly below its all-time high, its integration into Shibarium and active DeFi features suggest long-term potential. Investors should consider:
- Adoption rates on Shibarium
- Liquidity pool growth on ShibaSwap
- Governance participation trends
- Overall crypto market sentiment
Technical analysis using the BONE price chart can help identify support/resistance levels, but fundamental analysis—such as protocol usage and network activity—is equally important.
🚀 Final Thoughts
Bone ShibaSwap (BONE) is more than just a meme-adjacent token—it's a functional asset powering real DeFi utilities and governance within one of crypto’s most engaged communities. Whether you're staking, providing liquidity, or participating in DAO decisions, BONE offers multiple avenues for engagement.
As the Shiba Inu ecosystem expands, particularly through Shibarium’s adoption, BONE’s relevance may grow alongside it. Staying informed about price trends, tokenomics, and platform updates will be key for anyone navigating this dynamic space.
👉 Explore how next-gen DeFi platforms are redefining digital ownership and value transfer.