Bone ShibaSwap (BONE) is a dynamic cryptocurrency that plays a central role in the Shiba Inu ecosystem. As the governance and utility token of ShibaSwap, BONE empowers users to participate in decentralized finance (DeFi) activities such as staking, liquidity provision, and protocol governance. With growing interest in meme-based projects and Layer-2 solutions, BONE continues to attract attention from both retail and experienced crypto investors.
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Current BONE Price Overview
The current live price of Bone ShibaSwap is $0.2044**, with a 24-hour trading volume of **$635,068. Over the past day, BONE has declined by 1.85%, and it's down 12.86% over the last seven days. These fluctuations reflect ongoing market sentiment and broader trends within the cryptocurrency space.
Bone ShibaSwap’s market capitalization stands at $47,000,094, ranking it around #350 on major crypto tracking platforms. The maximum supply of BONE is capped at 250,000,000 tokens, with a circulating supply of 229,923,351 BONE—indicating that most of the tokens are already in circulation.
Today’s BONE price is 96.23% below its all-time high, which highlights the significant correction since its peak. However, it remains 15.98% above its historical low, suggesting some resilience in value despite market volatility.
All data is updated in real time, allowing traders and investors to monitor movements closely. For those looking to buy or trade BONE, the most active exchanges include Binance, KuCoin, and Kraken. Always ensure your assets are stored securely using trusted methods.
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What Is Bone ShibaSwap (BONE)?
Bone ShibaSwap (BONE) is one of the native utility tokens within the ShibaSwap ecosystem, a decentralized exchange (DEX) built on Ethereum and integrated with Shibarium, Shiba Inu’s Layer-2 scaling solution. ShibaSwap enables users to swap tokens, provide liquidity, stake assets, and earn rewards—all without relying on centralized intermediaries.
As both a utility and governance token, BONE serves multiple functions:
- Liquidity Provision (DIG): Users can add liquidity to ShibaSwap pools and receive SSLP (ShibaSwap Liquidity Provider) tokens in return.
- Staking (BURY): Holding BONE in designated pools allows users to earn passive income through yield farming.
- Gas Fees on Shibarium: BONE can be used to pay transaction fees on the Shibarium network, enhancing its real-world utility.
- Governance Voting: Token holders can vote on key proposals related to DOGGY DAO and ShibaSwap’s development roadmap.
Participants who contribute liquidity are rewarded not only in BONE but also in DAI and USDT, earning up to 0.1% of pool returns. Additionally, 0.05% of swap fees are distributed and converted into BONE rewards. Users engaging in DIG or BURY activities may also claim up to 33% of available BONE rewards, incentivizing long-term participation.
This multi-functional design makes BONE more than just a speculative asset—it's an integral part of an evolving DeFi ecosystem.
Who Created ShibaSwap?
ShibaSwap was launched by a pseudonymous developer known as Ryoshi, who played a foundational role in shaping the Shiba Inu project. In May 2022, Ryoshi stepped away from the community by deleting all social media content, leaving many questions unanswered. However, development did not halt.
A new anonymous lead developer, Shytoshi Kusama, emerged shortly after and confirmed the continuation of Ryoshi’s original vision. Under Kusama’s leadership, the team has advanced key initiatives like Shibarium, ensuring sustained innovation within the ecosystem.
The transition demonstrated the decentralized nature of the project—its success isn’t tied to any single individual but rather driven by community involvement and ongoing development efforts.
BONE Tokenomics: Supply & Distribution
Understanding the token supply model is crucial for assessing BONE’s long-term potential.
- Maximum Supply: 250,000,000 BONE
- Circulating Supply: 229,923,351 BONE
The fixed maximum supply helps maintain scarcity and control inflationary pressures. Notably, the community voted to cap the minted supply at 230 million tokens to prevent excessive issuance that could negatively impact price stability.
Of the total supply:
- 20 million BONE are allocated to secure the Shibarium network and reward validators.
- 10% of all emissions go toward funding development and marketing initiatives.
This structured distribution supports sustainable growth while aligning incentives across developers, validators, and everyday users.
Frequently Asked Questions (FAQ)
What is the current price of Bone ShibaSwap?
As of now, Bone ShibaSwap (BONE) is trading at $0.2044 USD. Prices are updated in real time across major exchanges.
What was Bone ShibaSwap’s highest price?
BONE reached its all-time high of $5.42 on November 16, 2021, during the peak of the meme coin rally.
What was Bone ShibaSwap’s lowest price?
The historical low for BONE was $0.1763, recorded recently on July 1, 2025.
How much is Bone ShibaSwap’s market cap?
Bone ShibaSwap has a market capitalization of approximately $47 million, based on its current price and circulating supply.
Where can I buy BONE safely?
You can purchase BONE on leading exchanges such as Binance, KuCoin, and Kraken. For optimal security, always withdraw funds to a private wallet after trading.
Is BONE a good investment?
While BONE offers utility within the Shiba Inu ecosystem, its value remains highly volatile. Investors should conduct thorough research and consider diversifying their portfolios.
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Final Thoughts
Bone ShibaSwap represents more than just a meme-driven token—it's a functional piece of a growing DeFi ecosystem. With real use cases in staking, governance, and Layer-2 transactions, BONE provides tangible value beyond speculation.
However, as with any cryptocurrency investment, risks exist due to market volatility and regulatory uncertainty. Staying informed through real-time data analysis, understanding tokenomics, and using secure platforms are essential steps for anyone interested in BONE.
Whether you're a long-term believer in the Shiba Inu vision or exploring new DeFi opportunities, monitoring BONE’s price action and ecosystem developments can offer valuable insights into the future of decentralized finance.
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