The Bone token has recently demonstrated a notable upward trend, gaining nearly 12% over the past week. This surge is backed by rising trading volumes and a wave of optimism within its community. While the price climb is encouraging, technical indicators suggest that Bone’s momentum is still in a rebuilding phase—far from overheating. This article dives deep into the latest price data, technical signals, on-chain metrics, and community sentiment shaping Bone ShibaSwap’s current market narrative.
Bone Price Update: Key Metrics and Market Performance
As of early Tuesday morning (4:02 a.m. ET), Bone (BONE) was trading at $0.2765, according to CoinMarketCap. This reflects a solid 13.11% increase over the previous seven days, outpacing many mid-tier cryptocurrencies during the same period.
Supporting this price movement, the 24-hour trading volume surged to $5.16 million**, marking a **24.54% week-over-week increase**. Higher volume typically validates price action, suggesting genuine interest rather than short-term speculation. With a circulating supply of approximately **229.92 million BONE tokens**, the network currently holds a market capitalization of around **$63.64 million.
👉 Discover how rising trading volumes can signal long-term crypto growth potential.
Despite these positive developments, there's an interesting contradiction: while price and volume are climbing, the overall market cap has slightly declined—down about 6.33% to $62.68 million in recent data snapshots. This discrepancy may stem from token unlocks, whale movements, or minor sell pressure offsetting price gains. Still, the broader trend remains constructive.
Technical Analysis: Momentum Rebuilding, Not Overheated
A review of the daily BONE/USDT chart reveals important clues about the asset’s technical health. One of the most telling indicators is the Relative Strength Index (RSI), which currently sits at 50.63.
The RSI measures momentum on a scale from 0 to 100:
- Below 30 → Oversold (potential buying opportunity)
- Above 70 → Overbought (risk of pullback)
- Around 50 → Neutral, with directional bias based on trend
With RSI near 50, Bone is neither overbought nor oversold. More importantly, it shows an upward trajectory from lower levels seen earlier in the year, signaling recovering bullish momentum. However, it remains well below the 70 threshold that could indicate excessive speculation.
Historically, BONE’s RSI has spiked above 70 during major rallies—such as those in August 2023 and March 2024—often preceding short-term peaks. The fact that it hasn’t approached those levels yet suggests the current rally may have room to grow without immediate overheating risks.
This makes the present phase particularly interesting for strategic investors who prefer entering during early uptrends rather than chasing parabolic moves.
Community Sentiment and Holder Behavior
Beyond charts and numbers, one of Bone’s strongest assets is its active and optimistic community.
According to user sentiment data from CoinMarketCap, 85% of nearly 77,200 votes reflect a positive outlook on BONE’s future. This level of confidence is significant—it often precedes or supports sustained price movements when aligned with fundamental or technical strength.
On-chain data paints a picture of long-term conviction:
- Over 87% of BONE addresses have held their tokens for more than one year
- Nearly 96% of holders own less than $1,000 worth of BONE
- Yet, whales (wallets holding $100k+) control approximately 50.14% of the total supply
This distribution pattern is common in decentralized ecosystems: a broad base of retail supporters combined with concentrated holdings among early adopters and institutional-like players. While whale dominance can raise concerns about centralization, high retention rates across all holder tiers suggest strong faith in Bone’s utility and roadmap.
Why Long-Term Holding Matters
Extended holding periods reduce circulating supply and lower sell pressure—key factors in sustaining price growth during bullish cycles. When most investors are "hodling," even modest inflows of new capital can drive outsized price reactions.
👉 Learn how long-term holding patterns influence crypto market dynamics.
Core Keywords Driving Search Interest
Understanding what users search for helps contextualize Bone’s visibility and growth potential. Based on current trends and content analysis, here are the core keywords naturally embedded throughout this discussion:
- Bone price
- BONE token
- Bone ShibaSwap
- crypto community sentiment
- BONE market cap
- BONE trading volume
- RSI cryptocurrency
- long-term crypto holders
These terms reflect both technical and behavioral aspects of investor interest, aligning with search intent across platforms like Google and crypto forums.
Frequently Asked Questions (FAQ)
What is driving the recent Bone price increase?
The recent rise in Bone price appears driven by a combination of increased trading volume (+24.54% WoW), growing community optimism (85% positive sentiment), and technical recovery from oversold conditions. While no single catalyst has been announced, renewed interest in the Shiba Inu ecosystem likely contributes.
Is BONE overbought based on current RSI?
No. With an RSI of 50.63, BONE is in neutral territory—showing improving momentum but far from overbought levels (typically above 70). This suggests the rally may still be in its early stages.
Who controls most of the BONE supply?
Approximately 50.14% of BONE is held by whale wallets (those with $100k+ in value). While this indicates some centralization risk, long-term holding trends across all investor tiers suggest stability.
Why did BONE’s market cap decrease despite price gains?
Market cap is calculated as price × circulating supply. A slight drop despite price gains could result from token burns, unlocked tokens entering circulation, or discrepancies in reporting times across platforms. It may not reflect real-time investor behavior.
How does community sentiment affect BONE’s price?
Strong community support boosts visibility, drives engagement on social platforms, and encourages new investors to participate. With 85% of users expressing bullish views, sentiment acts as a psychological catalyst that can amplify technical trends.
What should investors watch next for BONE?
Key indicators include:
- Sustained trading volume above $5 million/day
- RSI moving toward 60–70 without reversal
- Whale accumulation patterns
- Integration updates within ShibaSwap or broader DeFi ecosystem
👉 Stay ahead with real-time analytics and tools for tracking crypto sentiment and volume shifts.
Final Outlook: Cautious Optimism Ahead
Bone ShibaSwap is showing signs of renewed vitality. The combination of rising prices, increasing trade volume, neutral yet improving technicals, and robust long-term holder retention creates a compelling narrative for cautious optimism.
While the slight dip in market cap warrants attention, it doesn’t override the broader positive signals—at least not yet. For investors focused on mid-cap tokens with strong community foundations, BONE presents a potentially attractive opportunity during this consolidation-to-growth phase.
As always in crypto, volatility remains high. But with fundamentals appearing stronger than in months prior—and momentum building gradually rather than explosively—Bone may be positioning itself for a more sustainable move upward in 2025.
For those monitoring the Shiba Inu ecosystem closely, BONE’s performance could serve as a bellwether for broader altcoin sentiment within meme-inspired but utility-evolving projects.