Shibarium Network, the official Twitter handle of the Shibarium blockchain, updates the community about the upcoming launch of the Shibarium Beta Network. It hints that the launch of surrounding Shiba Inu’s Shibarium Layer-2 blockchain solution is indeed near. In the last 2 weeks, Shiba Inu core developers Shytoshi Kusama and Trophias, and the Shiba Inu ecosystem dropped several hints about the Shibarium beta launch.

Shiba Inu’s Shibarium Beta Launch Is Here

Shibarium Network in a series of tweets on January 5 updated the community about the launch of the upcoming Shibarium Beta Network. This is the first tweet about the Shibarium blockchain from its official Twitter handle.

“As we approach the launch of the upcoming Shibarium Beta Network, we first would like to start by thanking the Shiba community for bringing such energy and excitement surrounding the upcoming phased introduction.”

It also cleared the rising speculations regarding the involvement of other tokens in the network or tokens required to utilize the benefits. Shibarium Network confirmed that BONE will remain the only token selected for gas fees and use. Therefore, no other tokens will be required to operate within the ecosystem.

Furthermore, Shibarium has been solely developed for Shiba Inu ecosystem. Other projects claiming association with the Shibarium for its operability dependency on any other tokens are false. The Layer-2 blockchain solution is for the community to innovate and evolve SHIB as an ecosystem. Thus, it will always support for Shiba Inu and its growth.

“Please stay alert to official information via our social media and blog portals in order to always receive the latest updates with accuracy and clarity directly from the source.”

ShibArmy also noted that “Shibarium announcement” section has been added to the Shiba Inu discord. Several SHIB developers and influencers shared the announcement from the official Twitter handle.

SHIB and BONE Price Skyrockets

Shiba Inu price is currently trading at $0.00000872, up over 5% in the last 24 hours. The SHIB price has seen massive trading volume amid the anticipated Shibarium beta launch.

Meanwhile, Shibarium’s gas token BONE has skyrocketed 20% in the last 24 hours. The BONE price is currently trading at $1.12. The 24-hour low and high are $0.9124 and $1.12, respectively.

Also Read: Solana Savior BONK Burns 500 Billion Coins As Price Continues To Surge

Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his knowledge about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been associated with the blockchain and cryptocurrency industry for a substantial period and is currently covering all the latest updates and developments in the crypto industry.

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