The team that created the highly anticipated layer-2 blockchain Shibarium recently shared a link for their new website and retrieval system. According to the statements, the Shibarium participation portal at the link is designed to make the world a better place with low cost, fast and powerful technology. It will be a hub for business owners, developers, content creators and job seekers who want to contribute to the Shiba Inu (SHIB) ecosystem. Here are the details…
Significant development revealed for Shibarium
Shiba Inu lead developer and inventor, Shytoshi Kusama, shared a link to his blog post on Twitter in the hopes that this new website will make things easier for anyone who wants to collaborate on Shibarium. According to the announcement, this procurement system will allow the SHIB military to find the best projects and can increase the reach of professional companies and Shibarium. Finally, it will help people find the right validators.
Here's to the first day of the rest of our lives on #Shibarium. INTAKE FORM IS LIVE #SHIBARMY. https://t.co/ZKYNFIjsnx
— Shytoshi™ (@ShytoshiKusama) February 26, 2023
As Shibarium prepares for an upcoming beta launch that will bring a multitude of benefits, this will have some ramifications. Shytoshi Kusama warned crypto traders to beware of new tokens being released on the nascent network. Shytoshi used the following expressions in a tweet he shared:
IMPORTANT REMINDER: During the beta, all tokens and products on the beta network are for testing purposes ONLY. Don’t be scammed and don’t buy anything you find on Shibarium until mainnet launch.
SHIB price rose
While the official Shibarium release date hasn’t been set, many believe the beta will launch next week. This announcement pushed the Shiba Inu towards a bullish rally. The SHIB price rose close to 5 percent at the time of the announcement. The coin is changing hands at $0.00001271 at the time of writing. However, it is worth noting that the cryptocurrency has risen from $0.0000124 to $0.00001307 on a daily basis. Shibarium is one of the most anticipated developments for the SHIB ecosystem, as we have also reported as Kriptokoin.com. Therefore, the change in the price of the SHIB is not surprising. Many crypto investors believe that there will be dramatic changes in the price of SHIB once Shibarium is launched. For this reason, Shibarium developments are followed closely. You can see the moment when SHIB jumped in the chart below:
On the other hand, the price of BONE, the management token belonging to the Shibarium ecosystem, has also recorded a small increase of 1 percent in the last 24 hours, reaching a one-day trading volume of $ 17,505,720. The coin managed to rise from $1.87 to $2.03 on a daily basis. It has been retracted to $1.88 at the time of writing. BONE also made a splash when the Shibarium announcement was made. The change in BONE price can also be seen on the following 24-hour chart:
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