Shiba Inu and its ecosystem tokens are surging alongside Bitcoin as the global crypto market reaches a historic $3.81 trillion cap.
The trend highlights building excitement in the Shiba Inu community ahead of major AI-related reveals teased for “Jul-AI” by lead developer Shytoshi Kusama.
Today, July 14, the global crypto market reached a new all-time high of $3.81 trillion. Notably, this milestone came after Bitcoin soared to an unprecedented $123,218. The movement has sparked bullish momentum across altcoins, with the Shiba Inu ecosystem emerging as a standout performer.
SHIB Reclaims $8 Billion Market Cap
In particular, the four primary tokens of the Shiba Inu ecosystem —SHIB, BONE, Treat, and LEASH —have all posted notable gains. This growth follows both market-wide optimism and anticipation surrounding upcoming AI-related developments.
SHIB, the flagship token, surged 4.34% over the past 24 hours. It regained a market capitalization of $8 billion and now ranks as the 19th largest cryptocurrency globally. At press time, SHIB trades at $0.00001380, reflecting a weekly gain of 16.92%.
Bone ShibaSwap Gains on Shibarium Usage
Meanwhile, BONE, which powers Shiba Inu’s L2 blockchain Shibarium, saw a 3.7% rise to $0.2136. This marks a 9.3% increase over the past week. Its current market capitalization stands at $48.74 million, placing it 560th on the global cryptocurrency rankings.
The surge in BONE follows new data from the Shibarium blockchain explorer, which reveals impressive growth on the network. Since launching its mainnet on August 16, 2023, Shibarium has processed over 1.37 billion transactions, supports 267.23 million addresses, and has validated 12 million blocks.
In the past 24 hours alone, Shibarium recorded 4.59 million transactions, with an average block time of just 5 seconds.
LEASH and TREAT
Meanwhile, LEASH, often branded as the “Dogecoin Killer,” posted modest gains of 0.8% to reach $119.66. Yet, the coin is up 9.1% over the past week, with a market cap that stands at $12.71 million.
The newest token, Treat, posted the most significant gains, surging 23.2% in 24 hours and 80% over the past week to trade at $0.002586. Despite its relatively small market cap of $2.32 million, Treat is gaining traction as excitement builds.
Anticipation Builds for “Jul-AI” Rollouts
The price action aligns with heightened anticipation around new AI-driven developments within the Shiba Inu ecosystem.
As reported by The Crypto Basic, lead developer Shytoshi Kusama recently dubbed July as “Jul-AI.”
Specifically, he hinted at a series of announcements focused on artificial intelligence integration. According to Kusama, the month will feature AI-based releases, strategic updates, and new directions for the SHIB project. He emphasized that this July would not be “just another month,” but a turning point driven by intelligent tech implementation.
SHIB: The Metaverse Gets a Major Upgrade
Adding to the momentum, the Shiba Inu team has rolled out a significant performance upgrade to SHIB: The Metaverse. The update improves loading times, removes lag and stuttering, and delivers a seamless user experience without compromising graphics quality.
With Bitcoin at record highs and a new phase of innovation on the horizon, the Shiba Inu ecosystem appears poised for a breakout in July.
Whether through AI partnerships, enhanced utilities, or further token rallies, investor interest and community engagement are expected to rise.
All eyes are now on Shytoshi Kusama as he prepares to reveal what “Jul-AI” truly means for the future of SHIB.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
