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.”

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

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Kusama has also released a new Shibarium logo.

BREAKING — Shytoshi Kusama confirms #Shibarium Logo! pic.twitter.com/oKQtfFlj3W

— Ringoshi Tōitsu (@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.

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