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Shibarium Tech to Intake: Something Big Is On The Way

Shibarium is a layer-2 solution that will be launched soon. Let's find out what Shytoshi Kusama, lead dev of Shiba Inu has announched
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Shibarium Tech to Intake: Something Big Is On The Way

When is Shibarium going to launch? This question has been running through every investor’s mind since the end of 2022. And the SHIBARMY has been maintaining patience since January 2023. Shytoshi Kusama, the lead developer of the Shibarium network has been giving out bits and bytes of info, without revealing the actual date of beta or mainnet launch. But now, we have something solid to rely on.

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Shibarium Intake Will Attract More Investors?

On February 27, the entire Shiba Inu community went crazy when Shytoshi announced the launch of the Shibarium portal. To get partnered or to gain access to additional benefits, one has to fill out the intake form. It will allow people to find the best projects and link them together with others who can help or assist.

Many SHIB influencers are sharing the latest updates on their Twitter handles and one such person is @LucieSHIB, a content creator and member of the Shib Army. While sharing the outlook of the form, the content creator apologized to Shytoshi Kusama and wrote “To ensure that your identity is safe, I have only filled out the form with the information I want to share.”

After this, people got confused about whether they had to go through the KYC process or not. But to their luck, another member of the community clarified this doubt. You don’t have to write your real name while filling out the intake form and KYC is completely optional.

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Layer 2 Is Yet To Come

Alongside these developments, the team still doesn’t reveal the exact launch date, but Kusama has confirmed that the team is prepared to release it as soon as possible. He also changed the Telegram group name to “Shibarium Tech” and chat will reopen for everyone by the end of this week.

Shiba Inu’s price at the time of writing is $0.00001266, with a market capitalization of $6,955,839,864 and a 24-hour trading volume up by 3.81%. Now it stands at $213,566,255. At the same time, the circulating supply is approximately 549,063,278,876,302 SHIB as per the crypto market tracker CoinMarketCap.

Also Read: Ethereum Shanghai Upgrade: Developers Reveal Key Details Ahead Of Sepolia Upgrade

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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