Breaking: Shiba Inu’s Official Shibarium Account Shares Update On Launch

Official Twitter handle of the Shibarium updates the Shiba Inu community about the upcoming launch of the Shibarium Beta Network.
By Varinder Singh
Breaking: Shiba Inu's Shytoshi Kusama Confirms Shibarium And Worldpaper Release Date

Shibarium Network, the official Twitter handle of the Shibarium blockchain, updates the community about the upcoming launch of the Shibarium Beta Network. It hints that the launch of surrounding Shiba Inu’s Shibarium Layer-2 blockchain solution is indeed near. In the last 2 weeks, Shiba Inu core developers Shytoshi Kusama and Trophias, and the Shiba Inu ecosystem dropped several hints about the Shibarium beta launch.

Advertisement
Advertisement

Shiba Inu’s Shibarium Beta Launch Is Here

Shibarium Network in a series of tweets on January 5 updated the community about the launch of the upcoming Shibarium Beta Network. This is the first tweet about the Shibarium blockchain from its official Twitter handle.

“As we approach the launch of the upcoming Shibarium Beta Network, we first would like to start by thanking the Shiba community for bringing such energy and excitement surrounding the upcoming phased introduction.”

It also cleared the rising speculations regarding the involvement of other tokens in the network or tokens required to utilize the benefits. Shibarium Network confirmed that BONE will remain the only token selected for gas fees and use. Therefore, no other tokens will be required to operate within the ecosystem.

Furthermore, Shibarium has been solely developed for Shiba Inu ecosystem. Other projects claiming association with the Shibarium for its operability dependency on any other tokens are false. The Layer-2 blockchain solution is for the community to innovate and evolve SHIB as an ecosystem. Thus, it will always support for Shiba Inu and its growth.

“Please stay alert to official information via our social media and blog portals in order to always receive the latest updates with accuracy and clarity directly from the source.”

ShibArmy also noted that “Shibarium announcement” section has been added to the Shiba Inu discord. Several SHIB developers and influencers shared the announcement from the official Twitter handle.

Advertisement
Advertisement

SHIB and BONE Price Skyrockets

Shiba Inu price is currently trading at $0.00000872, up over 5% in the last 24 hours. The SHIB price has seen massive trading volume amid the anticipated Shibarium beta launch.

Meanwhile, Shibarium’s gas token BONE has skyrocketed 20% in the last 24 hours. The BONE price is currently trading at $1.12. The 24-hour low and high are $0.9124 and $1.12, respectively.

Also Read: Solana Savior BONK Burns 500 Billion Coins As Price Continues To Surge

Advertisement
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.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and 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.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.