Bone ShibaSwap (BONE) Price Prediction

Deep Dive

1. Shibarium Security & Adoption (Mixed Impact)

Overview:
The recent $4.1M Shibarium bridge exploit (12 September 2025) led to a 43% BONE price drop. Developers froze 4.6M stolen BONE, migrated contracts to hardware wallets, and plan phased bridge reactivation with blacklisting features (Bitcoinist). Shibarium’s daily transactions remain low (~1,970), down from millions earlier in 2025.

What this means:
Successful security upgrades could restore confidence and drive usage (bullish), but prolonged low activity or repeated breaches may cement BONE’s bearish trend.

2. Governance & Tokenomics (Bullish Catalyst)

Overview:
A live governance vote proposes burning BONE when its price is ≤$2 and SHIB when above $2. The price-based option leads with 103,793 BONE votes (~86% support) (CoinMarketCap). BONE’s fixed supply (250M max) and role in Shibarium gas fees add deflationary potential.

What this means:
If implemented, burns could reduce sell pressure during price slumps. However, BONE’s current price ($0.138) is far below the $2 threshold, delaying meaningful supply reduction.

3. Technical & Market Sentiment (Bearish Pressure)

Overview:
BONE trades 65% below its 2025 high, with RSI (40.92) signaling neutral momentum. The 200-day EMA ($0.235) looms as resistance. Meanwhile, SHIB’s weak performance (-85% from 2021 highs) drags BONE’s sentiment.

What this means:
Until BONE reclaims $0.173 (Fibonacci 78.6% level), technicals favor downside. Broader crypto market gains (+10.44% in 7 days) haven’t lifted BONE, suggesting weak speculative interest.

Conclusion

BONE’s path hinges on Shibarium’s rebound and governance execution. A successful bridge relaunch and burn mechanism could counterbalance weak technicals, but failure to address security or adoption risks may prolong declines. Will Shibarium’s transaction volume rebound before token emissions dilute holdings further?