Sat, April 20

Shibarium Beta to be Launched Next Week

Altcoin News
  • The much anticipated L2 blockchain Shibarium will be released by next week.
  • BONE price spiked over 31.5% in a week.

The decentralized crypto exchange ShibaSwap’s governance token Bone (BONE) official Twitter account revealed the much awaits “layer 2 blockchain Shibarium” launch date. In a tweet, they stated that “It has been confirmed that Shibarium Beta will be released next week”.

The announcement comes after a well-known SHIB influencer and YouTuber posted a video on Saturday. That appears to confirm Shiba Inu’s pseudonymous leading developer ‘Shytoshi Kusama’s’ statement about the launch of Shibarium and his plan to release the layer-2 solution within the next seven days.

Shibarium Buzzed Crypto Twitter

Shibarium talk in ‘Crypto Twitter’ grew out of control through tweets and retweets. Because Shytoshi Kusama has not posted any blogs or announcements of the Shibarium launch. As the SHIB Army and its community requested the source but there wasn’t one. Following that the leading developer has plans to stop the speculations around the beta launch through his blog posts. 

Since February 14th, which is believed to launch date of Shibarium, Shiba Inu’s ‘Shytoshi Kusama’ planned to release a series of medium blog posts to expose the layer 2 solution to the world.  

Kusama published his first medium blog post of the Shibarium series on February 15th, which introduced the project to the crypto community. And he revealed the second blog on 20th Feb. The most recent chapter, “2022: The Year of Learning,” by Kusama, emphasized the community’s significant contributions to the growth of Shibarium.

However, the Shibarium Beta launch prompted the memecoins Shiba Inu (SHIB) and Bone ShibaSwap (BONE) prices. At the time of writing, SHIB traded at $0.00001319 with a price surge of 6% in a week. BONE traded at $1.85, soared over 10% in a day and 31.5% in a week. It has a market cap of $426 million.

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A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.