DogData BONE trading strategy update

3 min readMay 25, 2021

The DogData team has been busy working on enhancing our real-world solutions for the Dog owner community and new developments are being launched soon.

BONE is one of DogData’s cryptocurrencies and this article gives insights into trading patterns and provides advice on how to optimize your BONE trading and investment strategies.

Etherscan: https://etherscan.io/token/0x5C84bc60a796534bfeC3439Af0E6dB616A966335

BONE on Defi

$407k Defi BONE liquidity pools

BONE buy wall

The large liquidity pools on Defi exchanges act as a big buy wall to stabilize the price levels of BONE and guarantee exit options for any BONE investor or trader.

Best place for large trades

The Defi liquidity pools provide the best prices to buy BONE in larger quantities and are ideal for larger traders or investors with a HODL strategy.

BONE Uniswap V3

Largest BONE liquidity pool on Defi
Strong and steady increases in Total Value Locked
Good 24-hour volumes

Best place to buy BONE on Defi

Small price differences exist between the Defi exchanges, so we recommend using 1Inch to get the best price levels and minimize gas costs.

Trade BONE on Defi now

1inch: https://app.1inch.io/#/1/swap/Bone/WETH

UniswapV3: https://info.uniswap.org/#/pools/0xefba6ba69c82776cdd279f74fbfee1cf4e927aae

UniswapV2: https://v2.info.uniswap.org/pair/0x75a9d7ef9eeb3370e20df491c4153ac2b89a6afe

Sushiswap: https://analytics.sushi.com/pairs/0x598d960eeee655b57c1c5c60f516cde001dc09f8

BONE on Hotbit

BONE/USDT

Strong price movements
Higher volatility than on Defi exchanges = better profit opportunities
Great daily volumes
Low trading fees / no gas costs

Strong BONE floor level correlation with ETH price

Because of the big BONE/ETH liquidity pools on the Defi exchanges, the price of BONE is driven by the floor price of BONE/ETH from the Defi Exchanges. The following graph shows the recent price performance of BONE vs. USDT and ETH.