Shibarium Wrapped BONE: A Comprehensive Update
The crypto landscape continues to evolve, with Shibarium Wrapped BONE (BONE) being a focal point of recent discussions. As of August 31, 2025, BONE’s close price stood at $0.1554, marking both its 52-week high and low. The market capitalization of BONE is currently $636,295.472 USD.
Transaction Activity on Shibarium
Recent reports indicate a significant downturn in Shibarium’s transaction activity. According to a news piece from cryptopanic.com dated September 2, 2025, Shibarium’s daily transaction count has reached a new monthly low, with figures topping 16,670. This decline in transaction volume suggests a shift in adoption patterns, raising questions about the network’s current engagement levels.
Community and Market Sentiment Amid Price Challenges
Despite the challenges faced by the SHIB token, including a notable price crash, the Shiba Inu team remains optimistic. Lucie, the marketing lead, has addressed the community, emphasizing the resilience and unique position of Shibarium. In a statement shared on bitcoinist.com on September 1, 2025, Lucie highlighted that Shibarium operates without venture capital funding, major exchange alliances, or a corporate safety net. This independence, she argues, lends authenticity to the project, as it is built by and for the community.
Lucie acknowledged the difficulties posed by the current bear market, noting that some community members have lost patience and left the ecosystem. However, she remains unfazed by these challenges, focusing on the long-term potential of Shibarium.
Strategic Expansion in Asia
In a strategic move, the Shiba Inu team is eyeing expansion in the Asian market. As reported by cryptoknowmics.com on September 1, 2025, Lucie hinted at a major outreach initiative targeting key regions such as Korea, Japan, and China. This expansion is driven by the growing momentum and community strength of Shiba Inu in these areas.
The team is prioritizing the development of Shibarium’s utility and global adoption over short-term price fluctuations. Lucie emphasized that the focus remains on building practical applications, which she believes will drive long-term value. Market analysts, including Eunice Wong and Himanshu Maradiya, have speculated that SHIB could reach a new all-time high of $0.0001 or more by the end of the year, influenced by potential economic factors such as a Federal Reserve rate cut.
Overall, the Shiba Inu team is committed to a long-term vision, focusing on development and community engagement despite current market challenges.