Commander Ninjutsu is a fundamentally broken ability, so much so that Wizards developed a whole new mechanic to address its issues
You also have a baseline of a 2-mana 2/2, which youll certainly be wanting if you dont have something else to do on turn two This has a solid stat-line and an ability that will be useful on occasion
Like most Magic: The Gathering cards, the value of Bounding Wolf depends on a few consistent factors: its rarity, the printing and finish (regular or foil), its physical condition, and the set it was printed in (Innistrad: Double Feature)
If nothing else this probably works as a board wipe, as not many decks can sacrifice 5 creatures and have a board presence remaining
It also puts a lot of focus on the sets other mechanics
Whenever a Symbiotic creature dies, it creates a number of 1/1 green Insect creature tokens equal to its power and toughness (which are always the same)