Projects listed: 276 |
BTC Dominance: 0.00% | Volume (24h): $42,707,933,837 | Market Cap: $2,606,667,657,730
Bone Shiba Swap
BONE
$0.47
Sector
Meme
Exchange Debut
2022-04-05
Market Cap
117,199,409
Maxim Supply
250,000,000
Circulating Supply
249,897,879
Circ. Supply(%)
99.96%
Bone Shiba Swap
BONE
Price
$0.47
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
3411496
0.484846834464
0.4564976086
Change 24h
Change 7d
Change 30d
-2.956
-16.3522
-6.9785
Maxim supply
Circulating supply
Circulating supply(%)
250,000,000
249,897,879
99.96%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the Bone Shiba Swap cryptocurrency:
Bone Shiba Swap (BONE) is the ShibaSwap decentralized exchange (DEX) governance token, playing an essential role in the Shiba Inu ecosystem. It allows community members to participate in governance decisions and is a key component of the platform’s reward system. Although the project shows promise with its unique ecosystem and dog-inspired memecoin trend, its overall score after a comprehensive „Fundamental analysis of the Bone Shiba Swap cryptocurrency” is 5.71 out of 10.
SOCIAL & MASS MEDIA: Score 7.4 out of 10
Despite the strong presence in media and the ability to attract followers on social media pages, the Bone Shiba Swap project shows room for improvement in terms of community activity and chat group sizes. Ensuring active community engagement and expanding their reach through different communication platforms would help increase this score in the future.
AUDIT & SECURITY: Score 6.8 out of 10
The „Fundamental analysis of the Bone Shiba Swap cryptocurrency” reveals that the project has a decent audit score, demonstrating a level of trustworthiness. However, the low transparency of information publicly available raises some concerns. Similarly, its liquidity on exchanges needs to be improved for a better score.
TOKENOMICS: Score 8.8 out of 10
BONE tokenomics stands out as one of the project’s strongest points. The project shows strong control over inflation and a low level of monetary centralization, indicating a well-structured token economy. This is a key component of the „Fundamental analysis of the Bone Shiba Swap cryptocurrency.”
ECOSYSTEM DEVELOPMENT: Score 6.60 out of 10
The development of the Bone Shiba Swap ecosystem is in the mid-range, with room for improvement. The project needs to focus on achieving its objectives more effectively and planning for new developments to better serve its community.
TEAM & DEVELOPERS: Score 3.20 out of 10
One area of concern from the „Fundamental analysis of the Bone Shiba Swap cryptocurrency” is the lack of experience among the team and a small number of software developers. This might potentially limit the project’s capability to scale or innovate in the future.
PRODUCT & UTILITY: Score 5.3 out of 10
The product has a moderate utility score, suggesting that it is providing value to its users. However, there is a need to enhance the utility of tokens in the ecosystem for the project to increase its standing in this category.
PARTNERS & INVESTORS: Score 3.75 out of 10
The project’s partners and investors score is relatively low. While the project has managed to secure some investors and partners, the quality and capacity of these alliances are yet to reach a higher level.
Fundamental analysis of the Bone Shiba Swap cryptocurrency – The final conclusion
Considering the results from the „Fundamental analysis of the Bone Shiba Swap cryptocurrency”, the project presents a mixed investment opportunity. The strong token economy and social media presence provide reasons for optimism. However, issues such as the limited experience within the team, the need for greater transparency, and a more robust ecosystem development strategy present potential risks. Potential investors should consider these factors when assessing the investment potential of the Bone Shiba Swap cryptocurrency. The project’s ability to address these challenges and leverage its strengths will be crucial for its future success in the highly competitive and dynamic world of cryptocurrencies.
RISK ANALYSIS
In terms of risk, the „Fundamental analysis of the Bone Shiba Swap cryptocurrency” shows some areas that investors should take into account. The low score in the audit & security category, particularly regarding transparency of information, could represent a potential risk. Furthermore, the low score for the team & developers category is another concern, as it could limit the project’s ability to address future challenges, innovate, or scale effectively.
In addition, the ecosystem development score suggests that the project might struggle with achieving its objectives or introducing new developments, potentially limiting its future growth. Lastly, the low score for partners & investors could be seen as a potential risk, since a strong network of partners and investors can provide essential resources and support for a project’s success.
INVESTMENT OPPORTUNITY
Despite these potential risks, the „Fundamental analysis of the Bone Shiba Swap cryptocurrency” also reveals significant opportunities. The project’s strong tokenomics score shows a robust control over inflation and a decentralized monetary mass, which could make it an attractive investment. The Bone Shiba Swap’s strong performance in social media presence also signals a thriving community and considerable public interest, which are essential factors for a project’s success in the crypto space.
Furthermore, the Bone Shiba Swap has a unique appeal as a dog-inspired memecoin, following the popularity trend set by Dogecoin. The associated ‘meme’ status, combined with the recent surge in popularity of meme-themed cryptocurrencies, could potentially drive more interest and investment into the project.
In conclusion, the Bone Shiba Swap cryptocurrency presents a mixed, yet potentially promising investment opportunity. However, like any investment, it comes with its own set of risks and rewards. Potential investors should carefully consider these factors in light of their own investment objectives and risk tolerance.
Introduction to Bone ShibaSwap (BONE)
Bone ShibaSwap (BONE) is a significant token within the ShibaSwap decentralized exchange (DEX). It serves as a governance token with voting functionality, enabling the Shiba Inu community, also referred to as the Shib Army, to partake in key decision-making processes such as voting on upcoming proposals and accessing future NFTs. The more BONE tokens users have, the more weight their votes carry.
BONE in the Shiba Ecosystem and ShibaSwap Exchange
Existing within the Ethereum-based Shiba ecosystem, BONE plays a vital role. The Shiba ecosystem comprises Shiba Inu (SHIB) and Doge Killer (LEASH) tokens, with SHIB self-proclaimed as the „Dogecoin (DOGE) killer.” The ShibaSwap exchange was launched on July 7, 2021, to enable SHIB token trades for other cryptos. BONE acts as a middle link in this ecosystem, with SHIB holders providing liquidity in return for BONE rewards. The staking of tokens on ShibaSwap also allows users to earn rewards based on the staked amount and duration.
Origins of Bone ShibaSwap
The Bone ShibaSwap project stems from the Shiba Inu (SHIB) project, founded in 2020 by an anonymous individual or group known as Ryoshi. BONE was introduced to the community alongside the ShibaSwap DEX launch in July 2021.
Unique Aspects of Bone ShibaSwap (BONE)
The uniqueness of BONE lies in its role in the planned ShibaSwap metaverse platform. The team is combining the three tokens — SHIB, LEASH, and BONE — to create what they believe will be „the best Decentralized Ecosystem (DECO) on the planet.” As a governance token, BONE facilitates the ShibaSwap users to participate in governance activities, make proposals for future development, and vote on the decentralized autonomous organization (DAO) — Doggy. The platform also provides various features such as DIG, BURY, SWAP, FETCH, and BONEFOLIO for user engagement and potential returns.
Fundamental Analysis of Bone Shiba Swap Cryptocurrency
Understanding the fundamental analysis of the Bone ShibaSwap cryptocurrency requires considering its role within the Shiba ecosystem, its unique functionality on the ShibaSwap platform, its rewards system, and the potential future development plans of the project. As with all investments, potential investors should carefully consider these factors and conduct their research before making a decision.
Where Can You Buy Bone Shiba Swap – BONE?
BONE can be purchased on cryptocurrency exchanges such as Gate.io and Uniswap v3.
All you need to do is create a free account on any of these exchanges and start trading.
- Latest analysis update: September 28, 2023
Bone Shiba Swap - BONE performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
