Shiba Inu's BONE Doubles in Price Again! Jumps from $1.04 to $2.08 in 14 Days
Shiba Inu's BONE token is making headlines again! The governance token and Shibarium gas token, Bone ShibaSwap (BONEUSDT), has experienced another massive price surge, doubling in value in just 14 days. After a previous surge in August, where Bone doubled from $0.48 to $1.04 in 30 days, the price has jumped from $1.04 to $2.08 in mid-October, leaving investors wondering what's driving this explosive growth.
What's Fueling the BONE Price Rally?
Several factors could be contributing to this dramatic price increase:
- Shibarium Anticipation: Bone might jump in price yet again when the Shiba Inu team announces its official release date for Shibarium. The token plays a central role in Shibarium's functionality, making its use-case critical to the Shiba Inu ecosystem.
- Increased Usage & SHIB Burns: Increased usage could drive SHIB burns (with reports of 13.1M tokens burned daily) and staking via BONE tokens, further tightening the supply.
- LEASH & SHIB Price Rally Impact: The positive momentum surrounding other Shiba Inu ecosystem tokens like LEASH, which saw a 6.96% surge, likely contributes to overall investor confidence. BONE, LEASH, & SHIB prices are all rallying.
BONE on Track to $1 (and Beyond?)
Many are speculating about BONE reaching, or even surpassing, $1. With a target of $1 and above, BONE would have to restore the price range of September 2025, when Shibarium was publicly relaunched. Is this a realistic possibility? While market conditions are always unpredictable, the continued development of Shibarium and increased token utility suggest potential for further growth. Critical Levels: Immediate resistance at $0 (likely meaning resistance was overcome, and the price is now higher).
Shiba Inu Price Movement: A Look Back
Shiba Inu’s (SHIB) price movement has seen noteworthy spikes in 2025. However, today’s trading activity is sluggish.
Disclaimer: Cryptocurrency investments are highly speculative and carry significant risk. This is not financial advice. Always do your own research before investing in any cryptocurrency.