Crypto News

Breaking: Shiba Inu (SHIB) Developer Drops Hint On Shibarium Beta Launch Date

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The Shiba Inu community actively awaits the Shibarium Layer-2 blockchain launch as official accounts of the Shiba Inu ecosystem and core developer Shytoshi Kusama drops hints on the anticipated date. Picking up hints from Shytoshi Kusama’s Twitter status, ShibArmy believes the Shibarium Beta release to happen on February 14, Valentine’s Day.

Shibarium Beta Launch Anticipated on Valentine’s Day

Shiba Inu lead developer Shytoshi Kusama changed his Twitter bio and added hints on the anticipated launch of the Shibarium Layer-2 blockchain. The new bio reads:

“tending the Pine Tree of Life. Quickly learning to play the flute before putting #Shibarium in a heart-shaped box with a bow.”

Shiba Inu whale SHIB HOLDER in a tweet on January 20 shared that Shibarium is expected on February 14 — Valentine’s Day. The Shiba Inu community believes the new bio indeed points to the Shibarium Beta launch on Valentine’s Day.

While the preparedness for the launch is not fully complete, release of documents on fundamental concepts and the BONE gas token by Shibarium’s official Twitter account indicates the launch is near. The development activity has also increased related to Shibarium, as per data on GitHub.

However, the launch could be delayed due to unforeseen circumstances as it had happened earlier. Meanwhile, Shiba Inu and BONE tokens attract whale accumulation, the SHIB burn rate has increased, and social sentiment hit an all-time high. Shiba Inu ranks as the 2nd most secured crypto project in an analysis by blockchain security pioneer CertiK.

Also Read: Bitcoin in Early Bull Market Cycle, Confirms 5 On-Chain Indicators

SHIB and BONE Price Rallies

Shiba Inu (SHIB) price jumped nearly 3% in the last 24 hours and 20% in a week, with the price currently trading at $0.00001138. The 24-hour low and high are $0.00001102 and $0.00001164, respectively. Furthermore, the trading volume has declined by 50% in the last 24 hours.

Meanwhile, Bone ShibaSwap (BONE) price trades at $1.43, up over 8% in the last 24 hours amid interest from whales and investors.

Also Read: Genesis Transfers Ethereum, USDT, USDC Worth Millions Amid Bankruptcy

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Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

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