Shiba Inu Ecosystem Token Surges 9% After Lead Developer Says 'Shibarium Is Ready'

Shiba Inu SHIB/USD ecosystem token BONE BONE/USD is rallying 9% in the last 24 hours ahead of the much-anticipated Shibarium launch.

What Happened: At the time of writing, BONE was trading at $1.49. Doge Killer LEASH/USD was up 8.82% in the last 24 hours, trading at $428.

The rise in SHIB ecosystem tokens comes after Shiba Inu developer Shytoshi Kusama in a Telegram post on Tuesday said ‘Shibarium is ready’, and he will be releasing mediums “to introduce Shib Army to the layer-2 Blockchain.”

See More: Top Indian Apps That Give Bitcoin, NFT Rewards 

Kusama has also released a new Shibarium logo.

Price Action: At the time of writing, SHIB was trading at $0.00001276, up 4.60% in the last 24 hours, according to Benzinga Pro.

Read Next: Bitcoin, Ethereum, Dogecoin Shrug Off Inflation Data Jitters: Analyst Says Only Matter Of Time Before 'High-Number' Targets Again

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyNewsTop StoriesMarketsMoversTrading IdeasBoneDoge KillerLeashShiba Inu
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...