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

Shiba Inu (CRYPTO: SHIB) ecosystem token BONE (CRYPTO: BONE) 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 (CRYPTO: LEASH) 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

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