Kusama

Doge Killer

Bone ShibaSwap

Shiba Inu

Bone

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Investors are shifting their attention and resources toward SHIB, the native token of the Shiba Inu cryptocurrency ecosystem, in anticipation of the upcoming Shibarium blockchain launch scheduled for August.
Metaquant, a crypto market analyst, recently <a href="https://twitter.com/QuantMeta/status/1677745248074883073">observed</a> this trend on Twitter, stating that there has been a rotation into SHIB-related tokens such as BONE, LEASH, WOOF and PAW, all of which are among the top gainers in the crypto market.&nbsp;
Notably, SHIB, BONE and LEASH are all performing positively, with significant gains recorded. According to data from CoinGecko, Bone ShibaSwap (BONE) is priced at $1.43 with a marginal gain of 0.4%, while Doge Killer (LEASH) has seen a massive surge of 64.6%, now standing at $569.88. This strong performance is a clear indicator that the upcoming Shibarium launch is already making waves in the crypto community.
Shibarium, a Layer 2 blockchain, is set to go live after a Toronto conference this <a href="https://u.today/shibarium-launch-date-confirmed-shib-lead-shytoshi-kusama-has-fingers-crossed-for-elon-musk">August</a>, as announced by developer Shytoshi Kusama in a recent blog post.
<a href="https://u.today/71000-btc-bought-by-bitcoin-whales-in-latest-accumulation-move-details">card</a>
The network will utilize SHIB tokens and their derivatives like BONE, TREAT and LEASH for applications built on the blockchain.
This move aligns with the ecosystem's vision of building a decentralized and autonomous community, utilizing its unique tokens in different capacities.
In his blog post, Shytoshi Kusama, who adopted the pseudonym before becoming a holder in Shiba Inu, outlined the challenges of building a "leaderless, 100% decentralized and autonomous persistent community."
The blog suggests that while there have been projects that have aimed for a similar goal, ensuring everything is truly "persistent" requires more delicacy, time, thought, planning, technology, strategy and a more robust structure than other meme coins.

Investors Turn to SHIB Ahead of Shibarium Launch in August

U_Today

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