**🚀 Shiba Inu’s BONE Surges 17% – Can It Hit $1 Next? 📈**
The meme coin market is heating up again, with the sector’s total cap reaching **$58 billion**! Among the top performers, **Shiba Inu’s governance token, BONE**, is making waves with a **17% intraday surge**, pushing it closer to the **$0.50** mark. Could this rally propel **BONE to $1**? Let’s break it down.
### **🔥 BONE Price Rally: What’s Driving the Momentum?**
- **SHIB’s 14% surge** in the past 24 hours has boosted the entire **Shiba ecosystem**, including **BONE**.
- A **falling wedge pattern** since early 2023 suggests a potential breakout.
- Recent **61% weekly gains** formed a **bullish morning star pattern**, signaling strong upside potential.
- **MACD indicator** hints at a bullish crossover, which could fuel further gains.
### **📊 Key Levels to Watch**
- **Immediate Resistance:** **$0.47 - $0.50** (50-week EMA & psychological barrier).
- **Breakout Scenario:** If **BONE clears $0.50**, the next target could be **$1** (50% Fibonacci level).
- **Support Zone:** **$0.40** must hold to maintain bullish momentum.
### **💡 Expert Insight: Is $1 Realistic?**
Shiba Inu team member **Lucie** recently compared **BONE’s consolidation phase** to early **Cardano (ADA) and XRP**, suggesting a major breakout could be coming. With **meme coins back in action**, BONE has a real shot at a **parabolic rally** if Bitcoin and Ethereum remain strong.
### **🚨 Disclaimer**
*This content is for informational purposes only and not financial advice. Always conduct your own research before investing. The Crypto Basic is not liable for any financial losses.*
**🔥 Trending Hashtags:**
#ShibaInu #BONE #Memecoins #SHIB #ToTheMoon
**What’s your BONE price prediction? Drop your thoughts below! 👇**