Shiba Inu News: Shytoshi Kusama Announces Major Update On Shibarium
Shiba Inu Coin News: The team building highly anticipated layer-2 blockchain Shibarium recently shared a link to their new website and intake system. The ‘Join Shibarium’ portal is designed to make the world a better place with low-cost, fast, and powerful technology. It will be a hub for business owners, developers, content creators, and job seekers looking to contribute to the Shiba Inu (SHIB) ecosystem.
Shibarium: Truly Open To All
Shytoshi Kusama, lead developer of Shiba Inu, on Twitter shared a link to the blog post with the hope that this new website will make things easier for anyone looking to build on Shibarium to collaborate.
“Here’s to the first day of the rest of our lives on #Shibarium. INTAKE FORM IS LIVE #SHIBARMY.”
Shytoshi Kusama (@ShytoshiKusama), February 27, 2023
According to the announcement, this intake system will allow the SHIB army to find the best projects and one can grow Shibarium’s reach with professional companies. Finally, it’ll help people find the right validators.
As Shibarium gears up for an imminent beta launch that will provide numerous benefits, there will be certain consequences. Shytoshi Kusama warned crypto traders to watch out for new tokens that launch on the nascent network.
“IMPORTANT REMINDER: During the beta, all tokens and products on the beta network are for testing purposes ONLY. Don’t get scammed and buy anything you’ll find on Shibarium until the main net launch.”
Though the launch date for the official Shibarium release has not been set, many believe that the beta version will be out next week.
Shiba Inu’s Price Rallies
This announcement pushed Shiba Inu toward a bullish rally. SHIB price has spiked by 4% over the last 24 hours. It is trading at an average price of $0.00001285, at the press time. However, its 24-hour trading volume has dropped by 2.34% to stand at $204,019,968.
On the other hand, the BONE price has also made a marginal surge of 1% in the last 24 hours, with one-day trading volume of $17,505,720 (up 40%).
Also Read: Crypto Lending Platform To Support Shibarium And List BONE
- U.S. Treasury To Ease Tax Rule on Unrealized Bitcoin Gains, Aiding Saylor’s Strategy
- Trump-Backed World Liberty (WLFI) Plans RWA Tokenization Paired with USD1 Stablecoin
- Stripe Eyes U.S. Banking Charter, Pioneers One-Click Stablecoin Issuance for Firms
- Breaking: Metaplanet Expands Treasury With 5,268 BTC Purchase, Climbs to 4th Largest Holder
- BREAKING: Nasdaq Files with US SEC to List BlackRock Bitcoin Premium Income ETF
- XRP Price Prediction After Ripple CTO David Schwartz Resigns
- SUI Price Eyes $4.5 as Coinbase Futures Listing Sparks Market Optimism
- Chainlink Price Holds $20 Support Amid Tokenization With DTA Standard Progress – Is $47 Next?
- Analyst Predicts Dogecoin Price Surge as DOGE ETF AUM Hits $20M
- Ethereum Price Eyes $8,600 As Institutions And Whales Double Down
- Dogecoin Price Prediction – Chart Set-Up Highlights Perfect Buying Opportunity With Outflows Backing $0.45
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
