Breaking: Shibarium Beta Is About To Be Launched, Confirms Shiba Inu Team

The anticipated launch of Shiba Inu’s Layer-2 blockchain Shibarium Beta is almost here, the platform announced on Monday. The shibarium blockchain's official Twitter account presents some basic concepts to the shiba inu community about shibarium prior to its launch. As a consequence, shib and bone chips have exploded over the past 24 hours.

Shibarium Beta Launch Is Almost Here

Shibarium Network, the official Twitter account for the Shibarium blockchain, in a on January 16 revealed that the preparation for the Shibarium Beta launch is almost complete. The shiba inu community is about to receive the shibarium.

“Introduction to Shibarium: Shiba Inu’s Layer 2 Network — Rejoice #ShibArmy! Shibarium Beta is about to be released, and through this article we want to introduce a few basic concepts to bring clarity to the community."

Official ecosystem accounts Shib Inu and lead developer Shytoshi Kusama provided insights into Shibarium's launch in early 2023. Shiba inu team in an official blog has revealed some basic concepts on shibarium blockchain and its launch.

While a final date for the launch of Shibarium Beta has not been announced, the team said "we are nearing the end of the game for the launch of Shibarium Beta."

The Shibarium Layer 2 blockchain solution will address the scalability and performance limitations of existing blockchain networks. Chips from the shib, shib, leash and bone ecosystem will be the only chips needed for the shibarium. It will have advantages in the metaverse, , and gaming, with the evolution of

Validators and delegators will have an instrumental role in the Shibarium blockchain. Validators will enhance safety by locking the bone chips and exploiting the heimdall validation and drill block production nodes.

As earlier announced, BONE will remain the only token selected to pay for gas transactions and reward Validators and Delegators within the Shibarium protocol. Moreover, all transactions on the Shibarium network will burn more SHIB tokens, which will drastically reduce SHIB circulating supply

SHIB and BONE Price Skyrockets

The price of Shiba Inu (SHIB) has jumped by almost 6% over the past 24 hours and by more than 20% over the past 7 days, with the price currently trading at $0.00001079. The 24-hour low and high of $0.00000985 and $0.00001099, respectively.

On the other hand, the price of bone shibaswap has skyrocketed by more than 15% over the past 24 hours. The current BONE price is trading at $1.39, after reaching a 24-hour high of $1.42.

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