KEY POINTS

  • LEASH and BONE tokens listing seemingly imminent
  • LEASH was trading 3.32% at $509.52
  • BONE was trading up 8.32% at $0.9427
  • SHIB was trading up 5.48% at $0.00001386

Shiba Inu pseudonymous lead developer Shytoshi Kusama sounded excited when they reacted to a tweet from a major cryptocurrency exchange platform Thursday.

The Shib Army, or the ever-supportive and loyal members of the Shiba Inu community, was hyped when Kusama asked them about a potential listing of LEASH and BONE. LEASH, also known as the DOGE Killer, is a token in the Shiba Inu ecosystem designed to be a rebase token. BONE, on the other hand, is a governance token in the ecosystem that allows hodlers to vote on upcoming proposals on the Shiba Inu controlled decentralized organization SHIB Doggy DAO.

BONE is also the token that Shibarium, the upcoming layer-2 solution of the Shiba Inu community, will use for gas fees.

Shiba Inu -crypto
Shiba Inu token. Shiba Inu -Twitter

Kusama's community inquiry came from a Bluebit's tweet verifying to the lead developer that "a Shiba needs its LEASH and BONE." Kusama responded, "sure does," and asked, "what do you think Shib Army?"

Bluebit is a multi-asset centralized exchange with offices in St Vincent and Dubai that provides a unique offering in the industry since it allows users to trade all kinds of financial instruments such as stocks, Forex, cryptocurrencies and CFDs in one place with increased security and lower fees. Currently, Blubit supports over 700 trading instruments in seven asset classes, including major crypto assets like Ethereum, Bitcoin and Dogecoin.

In a follow-up tweet, Bluebit said it could make LEASH and BONE listing happen and asked the Shib Army what it thinks about the plan. "We could make it happen, What do you think #SHIBARMY," the tweet read.

The community was delighted and hyped about the potential listing of two of its tokens. Bluebit listed Shiba Inu's native token SHIB on its platform on Aug. 13, a few days after it teased about listing the token on Twitter.

Earlier this month, Kusama, in a tweet said, "Well... looks like $BONE woke up." At the time, the Shiba Inu governance token showed a 25% increase against the general crypto market which was trading in the red and was trading at $0.932, which is a massive 73% surge in price over the last seven days.

As of 11:46 a.m. ET Thursday, BONE was trading up 8.32% at $0.9427 with a 24-hour volume of $6,399,715, according to the latest data from CoinMarketCap. This is a 183% increase from its $0.3324 price on May 29. LEASH, on the other hand, was trading 3.32% at $509.52 with a 24-hour volume of $1,269,072, which is an 82.52% increase from a June 19 price of $279.33.

Meanwhile, SHIB, the native token of the Shiba Inu ecosystem was trading up 5.48% at $0.00001386 with a 24-hour volume of $995,055,936 Thursday, based on the CoinMarketCap data.

Shiba Inu is currently developing a lot of projects. Among them are the soon-to-release CCG title "Shiba Eternity," which is on its early test run in Vietnam, the Shibarium layer-2 solution, anticipated to launch sometime this year and "Shib: The Metaverse," which is also set to debut sometime soon. All of these projects, except the Shiba Inu Games, will have a burning mechanism that will help the community send SHIB tokens to dead wallets.