Shytoshi Kusama, owner and lead developer of Shiba Inu (SHIB), gave the date for the expected Shibarium Beta. With the expected announcement, the altcoin price moved.
Shiba Inu developer Kusama gave the exact date for the highly anticipated Shibarium Beta and excited investors. Shibarium, a DEX platform, aims to be a new blockchain for developers as well as token burning. Here is the expected date and details…
Shibarium Beta Date Announced
For investors of the Shiba Inu joke token, the long-awaited Shibarium Beta launch will most likely take place on Valentine’s Day, February 14th. Official community members and core developer Shytoshi Kusama supported the February 14 date with a few hints. Now the community is focused on what changes will happen to the Shibarium Layer-2 blockchain.
This expectation was supported by a 5 percent increase in SHIB and BONE coin prices, which delighted investors. It seems that SHIB will be eager to continue the wave of hype that previously emerged with Shiba Eternity.
Shiba Inu Tops the Trends!
While the community waited for the Shibarium launch, the popular cryptocurrency made headlines. The joke token jumped ahead of Bitcoin on the CoinMarketCap trending list and quickly gained a lot of attention from investors.
SHIB has received increased attention in recent weeks as speculation surrounding the launch of the Ethereum Layer 2 protocol has reached fever pitch. The developers have continued to drop hints and assurances to the community via social media that the launch is imminent.
In a recent blog post, the team revealed many details about the project, including how each transaction will burn the SHIB coin. According to the information disclosed, the protocol will use a certain amount of the base fee in BONE to purchase SHIB. It will send it to a special token burning portal and participate in transactions.
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