The wait is almost over. According to SHIB lead developer Shytoshi Kusama, the highly anticipated Shibarium Beta will hit the market “very soon.” After the developer’s announcement, the price of Shiba Inu also increased. Here are the details…
Shibarium announcement from Shiba Inu developer
Shytoshi Kusama recently confirmed that the Beta launch of the Layer-2 solution Shibarium will happen very soon. In the tweet, Kusama reported that he was discussing the Shibarium Protocol with the Unification XFUND team. He also stated that they are focused on harmonizing the necessary elements for a successful Shibarium Beta launch very soon. It also confirmed that they are ready to implement and complete the launch.
Love meeting with the team from @UnificationUND about #Shibarium. Aligning. Onboarding. Finalizing. Soon. Very soon.
— Shytoshi Kusama™ (@ShytoshiKusama) December 29, 2022
cryptocoin.com As we have reported, a day ago Shytoshi Kusama stated that Shibarium will be launched gradually. He also clarified that the team will not rush to release the final version of the protocol. The launch will be a “Beta version” of the protocol and there is a possibility that the testing phase could be extended for up to a year. During the beta phase, they will frequently make many UX updates to improve the functionality of the network. After all necessary improvements are made, the Shiba Inu team will then release the final version of Shibarium with Unification XFUND.
No specific launch date at the moment
On the other hand, one of the developers of SHIB named “SHIB Trophias” stated that the only thing that needs to be done before the beta launch is to publish the documentation. “First the website, then the docs, then the beta,” the developer wrote in the shared message. The Beta launch of Shibarium was originally expected to hit the market in September. However, the launch was delayed due to some technical issues. The exact release date of the possible launch of Shibarium Beta is still unknown. On December 21, Shytoshi Kusama announced for the first time that beta testing of Shibarium will begin soon.
SHIB price jumps
The news has already created some excitement within the Shiba Inu community. The price of SHIB has increased by 2 percent in the last 24 hours. Thus, it went up to $0.000000820. With its rise, it surpassed other cryptocurrencies such as Bitcoin and Ethereum. However, the coin is down at the time of writing. Shibarium is expected to be one of the most ambitious developments in the Shiba Inu ecosystem. According to their updates, Kusama’s team is working hard on it. The Layer-2 solution will provide users with faster processing at lower costs. It will also enable them to benefit from an enhanced user experience.
For now, investors are following new updates on Shibarium’s development progress. Kusama’s team is currently preoccupied with their pre-release mission of the very extravagant layer-2 solution. The lead developer of meme coin recently celebrated everyone’s new year. At the same time, it announced that Shibarium, the highly anticipated tier 2 solution, will be ready very soon, although not in this critical period when families can spend time together.
