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What are the highest and lowest prices of Bone ShibaSwap (BONE) coins?
On October 28, 2020, Bone ShibaSwap (BONE) hit its all-time low of $0.0025 shortly after its launch due to low awareness and adoption at the time.
Dec 16, 2024 at 05:24 am
What are the Highest and Lowest Prices of Bone ShibaSwap (BONE) Coins?
Bone ShibaSwap (BONE) is the governance token of the ShibaSwap decentralized exchange (DEX). It is used to vote on proposals that affect the DEX's development and operations. BONE also provides holders with access to exclusive features and rewards on the platform.
Highest Prices
- July 13, 2022: $2.01
BONE reached its all-time high of $2.01 on July 13, 2022, amidst a surge in interest in the Shiba Inu ecosystem. The price spike was driven by a combination of factors, including the launch of ShibaSwap's staking rewards program, the announcement of partnerships with major exchanges, and positive sentiment in the broader cryptocurrency market.
- October 28, 2021: $1.86
BONE's second-highest price occurred on October 28, 2021, following a significant rally in the Shiba Inu market. The rally was sparked by speculation that Shiba Inu would be listed on Robinhood, a popular cryptocurrency trading platform. The listing never materialized, but the momentum carried BONE to its then-ATH of $1.86.
- November 10, 2021: $1.73
BONE reached its third-highest price on November 10, 2021, during the height of the Shiba Inu bull market. The price surge was fueled by a combination of excitement over the upcoming launch of Shibarium, a layer-2 scaling solution for Shiba Inu, and positive sentiment in the overall crypto market.
Lowest Prices
- October 28, 2020: $0.0025
BONE reached its all-time low of $0.0025 on October 28, 2020, shortly after its launch. The low price was due to the lack of awareness and adoption of ShibaSwap and BONE at the time.
- July 21, 2021: $0.0051
BONE's second-lowest price occurred on July 21, 2021, during a period of consolidation and decline in the Shiba Inu market. The price drop was attributed to a combination of profit-taking by early investors and a lack of significant news or developments.
- September 23, 2021: $0.0054
BONE's third-lowest price occurred on September 23, 2021, following a broader market sell-off in the cryptocurrency market. The price decline was exacerbated by negative sentiment surrounding Shiba Inu at the time, as well as concerns about the overall health and sustainability of the project.
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