Major announcements made by the Shiba Inu (SHIB) ecosystem managed to shock the price of the second largest memecoin including Doge Killer (LEASH) and Bone ShibaSwap (BONE) climbing in the last 24 hours.
Earlier, investors were reported to have been selling SHIB continuously until the value reached $0.000008 at the end of last week before you rebounded.
The following situation is expected to be related to the imminent launch of SHIB Layer-1, where the community, Shibarmy views LEASH and BONE as responsible for developing the reform.
But after SHIB's announcement, the price jumped more than 7% to the 0.000009 zone in the last 24 hours with the trading volume climbing around 40% at $223 million while the market cap is $4.82 billion.
Apart from SHIB, the price of Doge Killer also achieved an increase of over 18% where LEASH hovered at $341.5 with its trading volume increasing by around 74% at $1.1 million in the last 24 hours.
Despite this, Bone ShibaSwap outperformed the following SHIB ecosystem tokens as its price managed to climb by 35% to break through the level of $0.907 in the last 24 hours with an advanced trading volume of 220% at $18 million.
It should also be noted that LEASH is SHIB's second token that serves to track the price of Dogecoin (DOGE) while BONE is the governance token to allow the SHIB community to vote on the proposed Doggy DAO, a community-controlled decentralized organization.
