Shiba Inu News: Shytoshi Kusama Announces Major Update On Shibarium

Shiba Inu Coin News: The team building highly anticipated layer-2 blockchain Shibarium recently shared a link to their new website and intake system. The ‘Join Shibarium’ portal 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 looking to contribute to the Shiba Inu (SHIB) ecosystem.

Shibarium: Truly Open To All

Shytoshi Kusama, lead developer of Shiba Inu, on Twitter a link to the blog post with the hope that this new website will make things easier for anyone looking to build on Shibarium to collaborate.

“Here’s to the first day of the rest of our lives on #Shibarium. INTAKE FORM IS LIVE #SHIBARMY.”

Shytoshi Kusama (@ShytoshiKusama), February 27, 2023

According to the announcement, this intake system will allow the SHIB army to find the best projects and one can grow Shibarium’s reach with professional companies. Finally, it’ll help people find the right validators.

As Shibarium gears up for an imminent beta launch that will provide numerous benefits, there will be certain consequences. Shytoshi Kusama warned crypto traders to watch out for new tokens that launch on the nascent network.

“IMPORTANT REMINDER: During the beta, all tokens and products on the beta network are for testing purposes ONLY. Don’t get scammed and buy anything you’ll find on Shibarium until the main net launch.”

Though the launch date for the official Shibarium release has not been set, many believe that the beta version will be out next week.

Shiba Inu’s Price Rallies

This announcement pushed Shiba Inu toward a bullish rally. SHIB price has spiked by 4% over the last 24 hours. It is trading at an average price of $0.00001285, at the press time. However, its 24-hour trading volume has dropped by 2.34% to stand at $204,019,968.

On the other hand, the price has also made a marginal surge of 1% in the last 24 hours, with one-day trading volume of $17,505,720 (up 40%).

Also Read: Crypto Lending Platform To Support Shibarium And List BONE