BONE Could Look To Target $1.0215 Following Renouncement
- The price of BONE surged after its renouncement was announced on X yesterday.
- At press time, BONE was trading hands at $0.9007 after its price climbed by 5+%.
- The altcoin may have the technical foundation needed to close a daily candle above the $0.9065 price point.
On September 27, it was revealed on X (formerly Twitter) that Bone ShibaSwap (BONE) had been renounced. Following the announcement, the price of the governance token ended up surging as a result, reaching a high price of $0.9264 over the past 24 hours of trading.
When a smart contract is renounced, it signifies that the original creator of the contract is relinquishing control over it. This action could provide investors with a sense of reassurance because it means the contract cannot be altered or modified anymore, safeguarding it from potential manipulation by the contract’s creator.
This seems to be the case with BONE currently, as trader confidence probably recei…
The post BONE Could Look To Target $1.0215 Following Renouncement appeared first on Coin Edition.
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BONE Could Look To Target $1.0215 Following Renouncement
- The price of BONE surged after its renouncement was announced on X yesterday.
- At press time, BONE was trading hands at $0.9007 after its price climbed by 5+%.
- The altcoin may have the technical foundation needed to close a daily candle above the $0.9065 price point.
On September 27, it was revealed on X (formerly Twitter) that Bone ShibaSwap (BONE) had been renounced. Following the announcement, the price of the governance token ended up surging as a result, reaching a high price of $0.9264 over the past 24 hours of trading.
When a smart contract is renounced, it signifies that the original creator of the contract is relinquishing control over it. This action could provide investors with a sense of reassurance because it means the contract cannot be altered or modified anymore, safeguarding it from potential manipulation by the contract’s creator.
This seems to be the case with BONE currently, as trader confidence probably recei…
The post BONE Could Look To Target $1.0215 Following Renouncement appeared first on Coin Edition.
Read More