BONE, LEASH gains eclipse Shiba Inu amidst market recovery

Saif Naqvi
Shiba Inu Bone Leash
Source: Pixabay

Shiba Inu was making hay while the sun shone brightly on the Bitcoin market. All 3 of Shiba Inu’s native tokens were trading in the green, taking after Bitcoin’s climb above $41K. Their prices made rounds of social media platforms and users especially cheered the performance of governance tokens BONE and LEASH, both of which rose higher than SHIB.

Source: Twitter

At press time, BONE and LEASH’s value climbed by 6% and 7%, respectively, compared to SHIB’s percentage increase of 4%. Several members of the community instantly took notice of the same and circulated posts on Twitter.

Source: Twitter

Influencer @GossipShib tabulated the tokens’ daily performances and nudged Coinbase to add them to the exchange’s watchlist. Notably, BONE and LEASH are yet to be listed on any top exchanges but their price can be tracked on CoinMarketCap.

Record Holders

Shiba Inu had identified several different ways to attach more utility to LEASH and BONE. Community members can use LEASH to bid for land in Shiba Inu’s metaverse, ‘Shiberse’. The token can also be used to gain exclusive access to new product launches as well. On the other hand, BONE is used during the voting process on Doggy Dao.

Even though the tokens’ use cases are yet to be fully developed, the community is accumulating them at a rapid rate. As per @shibaqueen3, SHIB, BONE, and LEASH holders rose to 1.19 Million, 40,800, and 27,028, respectively on 9 March. Notably, the figures were currently at their highest ever levels.

Doggy Dao Week 2

Week 2 of the Doggy Dao voting process kicked off on Monday and it was hardly a surprise to see LEASH grab the number one spot on the list. Nearly 27% of the voters elected LEASH/SHIB as the next liquidity pair to be added on a decentralized exchange, ShibaSwap. A SHIB/USDC pair came in at second, with 13% of the votes.

At press time, BONE was trading at $0.5786, LEASH at $1,147, and SHIB at $0.00002406.