Shibarium Marketing Strategist Believes Positive Factors Will Drive BONE Price Increase
According to Shibarium’s Marketing Strategist, known as LUCIE on X (formerly Twitter), the price of the native token of ShibaSwap, BONE, is expected to increase due to a combination of factors. Despite BONE experiencing a significant decline since its launch in July 2021, LUCIE believes that the actions of whales, or large investors, selling their holdings may actually benefit the memecoin.
LUCIE stated that they would prefer to see smaller investors holding a larger number of BONE tokens rather than a single person holding a massive amount. However, LUCIE believes that the valuation of BONE will ultimately be influenced by other more important factors, such as positive investor sentiment, timing, and balance of power.
In addition, LUCIE predicts that these same factors will also contribute to price increases for SHIB and LEASH tokens.
Hot Take: Positive Momentum and Good Timing Key for BONE’s Price Increase
Shibarium’s Marketing Strategist, LUCIE, emphasizes that the price increase of BONE, the native token of ShibaSwap, relies on a balance of power, positive momentum, and good timing. While whales selling their holdings may have an impact on the memecoin, LUCIE believes that smaller investors holding larger quantities will be more beneficial overall. However, LUCIE highlights that other crucial factors like investor sentiment and timing will play a significant role in driving up BONE’s valuation. Ultimately, these same components are expected to prompt price increases for SHIB and LEASH tokens as well.
By
By
By
By