Can the Shiba Inu Cryptocurrency's Value Rebound During the Altcoin market's Bullish Surge?
The Halo Effect in the Shiba Inu Ecosystem
The term "halo effect" is being used to describe the relationship between Shiba Inu (SHIB) and its associated tokens, such as TREAT, BONE, and LEASH. This phenomenon refers to the way the success or positive momentum of SHIB can have a positive impact on the perception and performance of these related tokens.
According to Kaal Dhairya, the lead developer of Shiba Inu, this "halo effect" is due to the fact that when SHIB performs well or gains positive attention, it creates a spillover or "halo" benefit to the ecosystem tokens. This boosts their interest, demand, or price due to their association with SHIB.
However, Dhairya emphasizes that each token in the ecosystem is expected to achieve success independently. He believes that while the "halo effect" may be present, the intrinsic value and utility of each token should be considered separately from SHIB’s success.
This "halo effect" is similar to brand or network effects in other markets, where the flagship product or asset lifts the profile of related offerings. In cryptocurrency ecosystems, such phenomena are common, as investor sentiment about one token often impacts related tokens.
It's important to note that the "halo effect" is not related to any cryptographic or technical protocol named "Halo". This is a market sentiment and ecosystem association concept rather than a technical one.
As of now, the market cap of Shiba Inu (SHIB) stands at $7.93 billion. The volume of SHIB in the past 24 hours is $263.19 million, with a price of $0.000013 per token. The volume of BONE in the past 24 hours is $4.89 million, with a price of $0.18 per token. The market cap of TREAT is currently under $2 million, and the 24h volatility of BONE is 0.3%, while Shiba Inu's 24h volatility is 2.7%.
Lucie, the marketing lead at Shiba Inu, believes that the upcoming altcoin season could set the stage for a strong SHIB price upside. She also expects TREAT to rise above the $2 million mark soon. As the market capitalization of SHIB reaches $30-50 billion, Lucie believes that other ecosystem tokens like TREAT, BONE, and LEASH are likely to see significant gains.
Recently, there was a surprise increase in LEASH's token supply, with a 10% increase after 10,765 tokens were minted on August 11, 2025. Rebasing, an automated process that adjusts token supply through code, was confirmed to have been used in the increase of LEASH's token supply. The project had previously stated that rebasing was disabled. Dhairya also addressed concerns over LEASH's supply, confirming the 10% increase following the creation of the new tokens.
Rebasing can either increase or decrease token balances, which may have a positive or negative impact on holders. Despite this, Dhairya remains focused on his goal for each token in the ecosystem to achieve success independently.
Investors interested in the Shiba Inu ecosystem might consider the potential effects of the "halo" benefit, where the positive performance of Shiba Inu (SHIB) could influence the perception and value of related tokens like BONE and TREAT. However, the lead developer of Shiba Inu, Kaal Dhairya, stresses the importance of evaluating each token's intrinsic value and utility independently from SHIB’s success.
