The Shiba Inu has declared that the eagerly awaited Shibarium Beta will be made available this week, and the Shibarium Documents containing all the relevant information will be issued soon.
The team encouraged the public to remain informed of current events by subscribing to SHIB’s social media accounts.
The SHIB team has stated that Shibarium will be available to the public in a Beta version, allowing anyone to utilize and test it.
On February 27th, Shytoshi Kusama, the lead developer of Shiba Inu, unveiled a new website and Twitter account for Shibarium in addition to introducing an intake form to attract those wishing to collaborate with SHIB. The intake system is designed to extend Shibarium’s presence within professional companies and identify appropriate validators for the Layer 2 solution.
LucieSHIB, a Twitter account dedicated to the Shiba Inu community, has reported that Kusama’s Shibarium intake form has generated a considerable amount of interest, with over 3,000 forms having been submitted. Numerous projects have reached out to the SHIB team expressing their willingness to collaborate with Shibarium.
Shytoshi Kusama, the chief creator of Shiba Inu, advised individuals in the community not to buy tokens or products offered during the beta stage of Shibarium’s progress. Kusama also declared on Twitter that he would no longer follow potential projects related to Shibarium. He suggested people to do their own research before investing in any venture, even if it has been backed by him.
Kaal Dhairya, a developer associated with the Shiba Inu project, noted that due to the progress being made on the Shibarium Layer-2 network, ShibaSwap will be the only official decentralized exchange acknowledged by Shibarium. Dhairya alerted followers on Twitter to be wary of people attempting to benefit from Shiba Inu’s name and community associations for their own gain. He advised users and other exchanges to do thorough research before participating in any ventures.
This announcement has had a positive effect on the Shiba Inu Governance token and the Bone ShibaSwap native gas token, with BONE currently trading at $1.71, which is an 11% increase compared to yesterday’s rate. The 24-hour trading volume for BONE has been reported as $33,319,292 ($33.31M).
