Bone ShibaSwap (BONE) Price Prediction

Deep Dive

1. Shibarium Privacy Upgrade (Mixed Impact)

Overview:
Shibarium’s planned Q2 2026 privacy overhaul will implement fully homomorphic encryption, hiding BONE transaction details and smart contract data. This follows a $4M September 2025 bridge exploit that eroded trust (Cryptonewsland).

What this means:
While enhanced privacy could attract DeFi users seeking confidentiality, the 6+ month timeline delays tangible benefits. Successful execution is critical to reversing post-hack skepticism but offers no near-term price catalyst.

2. Exchange Liquidity Pressures (Bearish)

Overview:
BONE lost 32% monthly after OKX’s July 2025 delisting, which removed a top-3 liquidity pool. Current turnover (0.0702) suggests thin markets vulnerable to volatility (CoinMarketCap).

What this means:
Reduced exchange access limits new buyer entry and amplifies sell-off risks. Community efforts to shift focus to ShibaSwap DEX haven’t offset CEX liquidity loss yet.

3. Adaptive Burn Policy (Bullish)

Overview:
A July 2025 governance vote approved burning BONE when priced ≤$2 and SHIB above $2. With BONE at $0.0929, this activates deflationary burns from Shibarium fees (CoinMarketCap).

What this means:
At current prices, every Shibarium transaction directly reduces BONE supply. If network activity rebounds post-security fixes, sustained burns could counter dilution from the remaining 20M unminted supply.

Conclusion

BONE’s fate hinges on Shibarium rehabilitating its security reputation while boosting transaction volume to activate deflationary mechanics. The privacy upgrade and burn dynamics create asymmetric upside potential, but exchange fragility and memecoin rotation risks loom. Can Shibarium’s TVL rebound above $2M to sustainably fuel the burn engine?