Shiba Inu (SHIB), a meme coin originally based on Dogecoin (DOGE), has become a community-led project but has seen a decline in user adoption. The introduction of tokens like Bone ShibaSwap (BONE) to support the ShibaSwap decentralized exchange has not resulted in anticipated growth. However, a content marketer for Shiba Inu reminds the community that major cryptocurrencies like Cardano (ADA) and XRP also experienced slow price action before achieving significant market value. Despite BONE's current low price, a technical analyst suggests it is holding strong support levels and could potentially reach a price target of $2.50. The broader market trend, including renewed interest in memecoins like SHIB and PEPE, may contribute to improved investor sentiment.



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