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TomTop via eBay offers these Flashing LED Shoelaces in seven colors for $2.57 with
free shipping. That's the lowest total price we've ever seen for light-up laces by a buck. (They're also a current price low for any similar shoelaces by $2.) These waterproof glass fiber shoelaces feature three light modes and are powered by two button batteries (included). Not only are they great for night-visibility and rave-attending, but you set them to "flashing" and your cats'll just go NUTS.
Update: Shipping is now 29 cents.