• 02 July, 2024
Market News Price Analysis

LEASH, BONE, and SHIB Show Strong Gains in Shiba Inu Ecosystem

The Shiba Inu ecosystem tokens are experiencing notable bullish momentum. Doge Killer (LEASH), Bone ShibaSwap (BONE), and Shiba Inu (SHIB) are showing promising gains. According to a recent post by Lucie from SHIB.IO, the bull run for these tokens is expected to continue until the end of 2025/2026. The post highlights the strong potential of these tokens, mentioning their ability to achieve substantial gains of 800-1000% within a week.

In the latest trading data, Doge Killer (LEASH) is leading the charge with an impressive performance. At press time, the token was priced at $375.77, reflecting a 24-hour increase of 3.65%. The token’s price chart shows a consistent upward trend, indicating strong bullish momentum. LEASH has exhibited significant price volatility, suggesting active trading and investor interest. The Relative Strength Index (RSI) for LEASH stands at 39.24, close to the oversold territory. This could signal a potential buying opportunity for investors looking to capitalize on price corrections.

Source: X

Bone ShibaSwap (BONE) also shows positive movement. At press time, BONE was priced at $0.5011 with a 24-hour increase of 2.18%. The price chart for BONE also indicates an upward trajectory, although with some volatility. The data reveals an overall upward trend with occasional dips, reflecting market fluctuations. The RSI for BONE is 38.99, suggesting it is nearing oversold conditions. This presents a possible buying opportunity for those closely monitoring market trends.

Shiba Inu Whales Shift Strategies: What’s Next for SHIB?

Shiba Inu (SHIB), the most well-known token in the Shiba Inu ecosystem, is priced at $0.0000172. It has experienced a modest 24-hour increase of 0.94%. The price chart for SHIB shows a more gradual upward trend compared to LEASH and BONE. The data indicates a general downtrend since its peak in mid-March but shows signs of stabilization. The RSI for SHIB is 31.84, which is closer to the oversold territory than LEASH and BONE. This suggests a potential reversal might be on the horizon, offering a strategic entry point for investors.

The positive performance of these tokens is not just a fleeting trend. The bullish outlook for LEASH, BONE, and SHIB is supported by the broader market sentiment and developments within the Shiba Inu ecosystem. The anticipation of prolonged gains until 2025/2026 suggests that these tokens could see substantial long-term growth.

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