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.

Wait WOT! Damn that’s HOT! #ShytoshiKusama says #Shibarium Is Ready, and will be releasing mediums to introduce #ShibArmy to the L2 #Blockchain! $Shib #Shiba pic.twitter.com/7c4tQ1WRNa &mdash (@ShibArmy_4Life) February 14, 2023

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

Kusama has also released a new Shibarium logo.

BREAKING Shytoshi Kusama confirms #Shibarium Logo! pic.twitter.com/oKQtfFlj3W Ringoshi T?itsu (@RingoshiToitsu) February 14, 2023

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