Bone and LEASH Skyrocket as SHIB Prepares for Massive Price Move to $0.0001

• BONE and LEASH experience significant price surges, with a 5.9% and 5.7% increase, respectively, in the last 24 hours.
• The spike in value is likely connected to an important announcement for LEASH holders, further fueled by the anticipation of Shiba Inu’s Shibarium launch.

Shiba Inu, a meme coin cryptocurrency, has seen tremendous community interaction and collaboration in a variety of projects, including the building of the Shibarium network, Puppynet.

Throughout 2022, the Shiba Inu team launched many projects, including the Shiba Eternity game and the SHIB metaverse, building excitement for the introduction of Shibarium. However, the launch of Shibarium was delayed due to a number of challenges.

LEASH Holders Urged to Connect Wallets for Crucial Role

@LucieSHIB’s tweet made an important announcement for LEASH holders, urging them to connect their wallets using CollabLand to obtain a staked role. This announcement has likely contributed to the notable price surges of BONE and LEASH, which experienced a 5.9% and 5.7% increase, respectively, in the last 24 hours.

📢 Important Announcement for $Leash Holders!

Calling all leash holders! 🗝️ Join Shibarium tech discord – Connect your wallet using CollabLand to obtain the crucial Leash basic or Leash basic ( staked) role.

It’s a must-have for upcoming activities. Remember, you need at… pic.twitter.com/oQoTvzbKNL

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) July 18, 2023

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The anticipation surrounding the launch of Shiba Inu’s Shibarium has also played a significant role in driving the recent price movements of BONE and LEASH.

Despite the relatively stable state of the crypto market, with Bitcoin slipping below $30,000 and most assets trading in the red, the Shiba Inu community remains optimistic about a potential recovery for SHIB. In fact, they expect the asset to achieve several milestones in terms of price in the future. This article will analyze the prerequisites for SHIB to reach its psychological 50-cent target.

SHIB’s journey to $0.5 involves a significant increase in its market cap. Currently valued at around $4.5 billion, SHIB would need its market cap to multiply several times over to reach $0.5. The market cap calculation is based on the circulating supply of 550 trillion SHIB tokens, implying that the asset’s aggregate valuation would need to reach a staggering $275 trillion.

In conclusion, the Shiba Inu ecosystem continues to gain momentum, with the recent surge in value for BONE and LEASH tokens. The important announcement for LEASH holders, coupled with the excitement surrounding the forthcoming Shibarium launch, has sparked increased interest in these tokens. The Shiba Inu community remains hopeful for SHIB’s recovery and is closely watching its progress towards the $0.5 price target.

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