{"id":120087,"date":"2023-07-10T00:04:09","date_gmt":"2023-07-10T00:04:09","guid":{"rendered":"https:\/\/dripp.zone\/news\/shib-bone-rallies-like-never-before-whats-driving-the-surge-crypto-news\/"},"modified":"2023-07-10T00:04:13","modified_gmt":"2023-07-10T00:04:13","slug":"shib-bone-rallies-like-never-before-whats-driving-the-surge-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/shib-bone-rallies-like-never-before-whats-driving-the-surge-crypto-news\/","title":{"rendered":"SHIB, BONE rallies like never before &#8211; What&#8217;s driving the surge?\n &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>\t\t\t\t\t\t<br style=\"clear: both; display: block; float: none;\"\/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">BONE&#8217;s market indicators were bullish, suggesting a further uptrend.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">SHIB&#8217;s price also went up and metrics were positive.<\/span><\/em><\/li>\n<\/ul>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/search\/BONE\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Bone ShibaSwap [BONE]<\/span><\/a><span style=\"font-weight: 400;\">  was trending on Twitter, and a major reason behind this could be Shibarium.  Not only was it trending, but the latest data revealed that there were high chances of the token gaining bullish momentum in the coming days.  Amidst this, a<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/search\/SHIB\" data-wpel-link=\"internal\"> <span style=\"font-weight: 400;\">shiba inu [SHIB]<\/span><\/a><span style=\"font-weight: 400;\">  The official made an announcement that caught the eyes of many as it hinted at the much-awaited Shibarium launch.  While BONE&#8217;s price went up, SHIB also benefited somewhat from the situation.<\/span><\/p>\n<hr\/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Is your portfolio green?  check the<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/calculator\/shiba-inu-profit-calculator\" data-wpel-link=\"internal\"> <span style=\"font-weight: 400;\">Shiba Inu Profit Calculator<\/span><\/a><span style=\"font-weight: 400;\">    <\/span><\/p>\n<hr\/>\n<h4><strong>BONE is on fire!<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">LunarCrush&#8217;s<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/LucieSHIB\/status\/1677739183278882816?s=20\" data-wpel-link=\"external\"> <span style=\"font-weight: 400;\">date<\/span><\/a><span style=\"font-weight: 400;\">  revealed a major bullish signal for Bone.  As per the data, BONE topped the list of cryptos in terms of Altrank, suggesting a price hike in the coming days. <\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"qme\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BONE&#038;src=ctag&#038;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\">$BONE<\/a>  <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/gmuS0pLDiQ\" data-wpel-link=\"external\">pic.twitter.com\/gmuS0pLDiQ<\/a><\/p>\n<p>\u2014 \ud835\udc14\ud835\udc14\ud835\udc16 (@LucieSHIB) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/LucieSHIB\/status\/1677739183278882816?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\">July 8, 2023<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">In fact, the rank has already translated into reality as BONE&#8217;s price went up by more than 6% in the last 24 hours.  A factor that played a major role in this surge was Shytoshi Kusama&#8217;s latest<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.shibaswap.com\/mo-sui-sibainu\/\" data-wpel-link=\"external\"> <span style=\"font-weight: 400;\">blog<\/span><\/a><span style=\"font-weight: 400;\">,  In the blog, he hinted that Shibarium&#8217;s launch might happen in August after the Blockchain Futurist Conference. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Not only did the memecoin&#8217;s price go up, but its trading volume also increased by over 20% in the last 24 hours, which was bullish.  as per<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/bone-shibaswap\/\" data-wpel-link=\"external\"> <span style=\"font-weight: 400;\">CoinMarketCap<\/span><\/a><span style=\"font-weight: 400;\">, at the time of writing, BONE was trading at $1.43 with a market capitalization of over $328 million, making it the 96th largest crypto.  The memecoin&#8217;s MVRV ratio was also high, increasing the chances of a continued uptrend.  However, it was interesting to note that despite the price,<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/shiba-inus-shibarium-should-l2s-delayed-launch-concern-your-bones\/\" data-wpel-link=\"internal\"> <span style=\"font-weight: 400;\">BONE<\/span><\/a><span style=\"font-weight: 400;\">&#8216;s supply on exchanges increased while its supply outside of exchanges declined. <\/span><\/p>\n<div id=\"attachment_326208\" style=\"width: 3850px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Bone-ShibaSwap-BONE-14.59.47-09-Jul-2023.png\" data-wpel-link=\"internal\"><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-326208\" class=\"wp-image-326208 size-full\" src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Bone-ShibaSwap-BONE-14.59.47-09-Jul-2023.png\" alt=\"\" width=\"3840\" height=\"1300\" srcset=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Bone-ShibaSwap-BONE-14.59.47-09-Jul-2023.png 2560w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Bone-ShibaSwap-BONE-14.59.47-09-Jul-2023-300x102.png 300w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Bone-ShibaSwap-BONE-14.59.47-09-Jul-2023-1024x347.png 1024w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Bone-ShibaSwap-BONE-14.59.47-09-Jul-2023-768x260.png 768w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Bone-ShibaSwap-BONE-14.59.47-09-Jul-2023-1536x520.png 1536w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Bone-ShibaSwap-BONE-14.59.47-09-Jul-2023-2048x693.png 2048w\" sizes=\"auto, (max-width: 3840px) 100vw, 3840px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-326208\" class=\"wp-caption-text\">Source: Santiment<\/p>\n<\/div>\n<h4><strong>This can be expected from BONE<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">The Exponential Moving Average (EMA) Ribbon revealed that the bulls were well ahead of the bears as the 20-day EMA was above the 55-day EMA.  The MACD remained in the bulls&#8217; favor.  Nevertheless, the Relative Strength Index (RSI) was in the overbought zone, which could cause trouble in the coming days. <\/span><\/p>\n<div id=\"attachment_326210\" style=\"width: 1574px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/BONEUSDT_2023-07-09_15-01-49.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-326210\" class=\"wp-image-326210 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"1564\" height=\"815\" data-lazy-srcset=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/BONEUSDT_2023-07-09_15-01-49.png 1564w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/BONEUSDT_2023-07-09_15-01-49-300x156.png 300w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/BONEUSDT_2023-07-09_15-01-49-1024x534.png 1024w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/BONEUSDT_2023-07-09_15-01-49-768x400.png 768w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/BONEUSDT_2023-07-09_15-01-49-1536x800.png 1536w\" data-lazy-sizes=\"(max-width: 1564px) 100vw, 1564px\" data-lazy-src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/BONEUSDT_2023-07-09_15-01-49.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-326210\" class=\"wp-image-326210 size-full\" src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/BONEUSDT_2023-07-09_15-01-49.png\" alt=\"\" width=\"1564\" height=\"815\" srcset=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/BONEUSDT_2023-07-09_15-01-49.png 1564w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/BONEUSDT_2023-07-09_15-01-49-300x156.png 300w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/BONEUSDT_2023-07-09_15-01-49-1024x534.png 1024w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/BONEUSDT_2023-07-09_15-01-49-768x400.png 768w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/BONEUSDT_2023-07-09_15-01-49-1536x800.png 1536w\" sizes=\"auto, (max-width: 1564px) 100vw, 1564px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-326210\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<\/div>\n<hr\/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">read<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/predictions\/shiba-inu-price-prediction\" data-wpel-link=\"internal\"> <span style=\"font-weight: 400;\">Shiba Inu&#8217;s [SHIB] Price Prediction<\/span><\/a><span style=\"font-weight: 400;\">  2023-24<\/span><\/p>\n<hr\/>\n<p><span style=\"font-weight: 400;\">While BONE enjoyed the gains,<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/shiba-inu-demand-rises-will-shib-see-the-impact\/\" data-wpel-link=\"internal\"> <span style=\"font-weight: 400;\">shib<\/span><\/a><span style=\"font-weight: 400;\">  also did not miss the party as its price increased by 4% in the last 24 hours.  At press time, it was <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/shiba-inu\/\" data-wpel-link=\"external\"><span style=\"font-weight: 400;\">trading<\/span><\/a><span style=\"font-weight: 400;\">  at $0.000007616 with a market cap of over $4.4 billion.  A look at its on-chain metrics suggested that the uptrend might continue. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">For instance, as per Coinglass data, SHIB&#8217;s open interest was increasing.  An uptick in the metric means that the current price trend can continue.  Additionally, CryptoQuant&#8217;s<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoquant.com\/asset\/shib\/summary\" data-wpel-link=\"external\"> <span style=\"font-weight: 400;\">date<\/span><\/a><span style=\"font-weight: 400;\">  revealed that SHIB&#8217;s exchange reserve was decreasing, indicating increased buying pressure, which could support memecoin&#8217;s uptrend in the coming days. <\/span><\/p>\n<div id=\"attachment_326211\" style=\"width: 1717px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Coinglass-SHIB.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-326211\" class=\"wp-image-326211 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"1707\" height=\"517\" data-lazy-srcset=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Coinglass-SHIB.jpg 1707w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Coinglass-SHIB-300x91.jpg 300w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Coinglass-SHIB-1024x310.jpg 1024w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Coinglass-SHIB-768x233.jpg 768w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Coinglass-SHIB-1536x465.jpg 1536w\" data-lazy-sizes=\"(max-width: 1707px) 100vw, 1707px\" data-lazy-src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Coinglass-SHIB.jpg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-326211\" class=\"wp-image-326211 size-full\" src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Coinglass-SHIB.jpg\" alt=\"\" width=\"1707\" height=\"517\" srcset=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Coinglass-SHIB.jpg 1707w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Coinglass-SHIB-300x91.jpg 300w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Coinglass-SHIB-1024x310.jpg 1024w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Coinglass-SHIB-768x233.jpg 768w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Coinglass-SHIB-1536x465.jpg 1536w\" sizes=\"auto, (max-width: 1707px) 100vw, 1707px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-326211\" class=\"wp-caption-text\">Source: Coinglass<\/p>\n<\/div><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BONE&#8217;s market indicators were bullish, suggesting a further uptrend. SHIB&#8217;s price also went up and metrics were positive. Bone ShibaSwap [BONE] was trending on Twitter, and a major reason behind this could be Shibarium. Not only was it trending, but the latest data revealed that there were high chances of the token gaining bullish momentum [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":120088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-120087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/120087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=120087"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/120087\/revisions"}],"predecessor-version":[{"id":120089,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/120087\/revisions\/120089"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/120088"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=120087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=120087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=120087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}