Shiba Inu Ecosystem Tokens on the Rise Amid Market Optimism

Shiba Inu, the dog-themed cryptocurrency, has shown consistent gains over the past two days, testing the $0.000033 level in today’s trading session.

Notably, tokens from the Shiba Inu ecosystem, Bone ShibaSwap (BONE) and Doge Killer (LEASH), have also seen impressive upward momentum in the last 24 hours:

• BONE surged 7% daily and 12% over the week.

• LEASH climbed 3% daily and 5% weekly.

Meanwhile, Shiba Inu (SHIB) itself has risen 7% in the past day.

Following a sharp dip during Thursday’s session, SHIB began rebounding on Friday from lows of $0.0000293. Broader positive sentiment across the cryptocurrency market has benefited meme coins like SHIB, spurring a renewed interest among investors.

With Bitcoin consolidating slightly below the $100,000 threshold for the past three days, funds have been flowing into altcoins, including meme-based tokens. According to Santiment data, meme coins are experiencing subtle but notable mini-pumps this weekend.

Could this signal the start of a larger altcoin season? Keep an eye on SHIB and its ecosystem as they continue to build momentum.

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