The lead developer of ShibaSwap, Shytoshi Kusama, has released a third blog on Shibarium. The Shiba Inu blog mentioned that the Shibarium Beta could be just around the corner for an upcoming launch. The blog highlighted that the layer-2 network would help businesses, projects, platforms, and people.
Shytoshi confirmed in his third and newly released blog that the team plans on “releasing the beta as soon as possible.” It was also added that the SHIB community will be able to initiate transactions that are much cheaper and faster.
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“We’re excited to show the community a technology that is fast, cheap, and relatively robust out of the box,” he wrote.
The blog also has an invite link for businesses to join and build on the Shibarium layer-2 network. “Anyone can build with Shibarium” read the blog, suggesting that it’s open to all.
“Ideally, this intake system will allow us to find the best projects and link them together with others who can help or assist. It’ll allow us to meet the army and remain organized in the process,” he wrote.
Nonetheless, apart from a statement saying “as soon as possible,” no other tentative release date has been announced by the team. We will have to wait and watch for further updates about the Beta launch.
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Shiba Inu: Shibarium Launch
The SHIB community is eagerly waiting for the beta launch in the hopes that it will make both Shiba Inu and Bone sustainably scale up in price. While Bone will be used as gas fees on the network, transactions initiated by users will also burn SHIB tokens. The development could help Bone and Shiba Inu simultaneously and push them to new heights. Bone is already looking to breach the $2 mark in the days leading up to the launch.
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Shiba Inu was trading at $0.00001278 at press time, up 2.4% in the previous 24 hours. SHIB is down 85.11% from its all-time high of $0.00008616, reached in October 2021.