Shiba Inu: BONE and LEASH Witness Dramatic Price Increase

Vignesh Karunanidhi
Shiba Inu: BONE and LEASH Witness Dramatic Price Increase
Source: NewsBTC

Shiba Inu, a meme coin cryptocurrency, has seen tremendous community interaction and collaboration in a variety of projects, including the building of the Shibarium network, Puppynet.

Throughout 2022, the Shiba Inu team launched many projects, including the Shiba Eternity game and the SHIB metaverse, building excitement for the introduction of Shibarium. However, the launch of Shibarium was delayed due to a number of challenges.

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According to the latest data from CoinMarketCap, Shiba Inu ecosystem tokens LEASH and BONE displayed a single-digit surge in price over the last 24 hours.

A notable price rise can be linked to a new announcement for LEASH holders

BONE and LEASH have exhibited a 5.9% and 5.7% spike in value over the last 24 hours, respectively. The exact reason for the price surge is uncertain. However, there is a likelihood that it could be connected to an important announcement for LEASH holders.

The important announcement urges all LEASH holders to connect their wallets using CollabLand to obtain a staked role. The anticipation of the launch of Shiba Inu’s Shibarium has also been a catalyst for BONE and LEASH.

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Shiba Inu, on the other hand, has only exhibited a 1.3% surge in price in the last 24 hours. It is trading at $0.00000778.