• SHIB tokens have soared to a 2-month high on the news of the upcoming launch of the Shibarium Network.
• The Shibarium Network is a Layer-2 Network for the Shiba ecosystem and will provide users of SHIB, BONE, and LEASH tokens with lower gas fees.
• The team did not state an exact date for the release of Shibarium’s Beta, but stated that the launch is just around the corner.
The Shiba token (SHIB) has been on a steady rise in recent weeks, reaching a two-month high on the news of the soon-to-be-launched Shibarium Network. Shibarium is a Layer-2 scaling solution built on the Ethereum blockchain, designed to provide users of SHIB, BONE, and LEASH tokens with lower gas fees.
The Shiba team recently announced the upcoming launch of the Shibarium Network, although they did not state an exact date for the release of Shibarium’s Beta. However, they did make it clear that the launch is just around the corner and that they will not be dropping any hints when it will be.
The Shibarium Network is a Layer-2 Network for the Shiba ecosystem and will be a major contributor to the DeFi space. Lower gas fees are the primary focus of the network, allowing users to interact with SHIB, BONE, and LEASH tokens without having to pay hefty fees. The team has also promised a number of other features and improvements for Shibarium, such as an improved UI, better security, and more.
The team is working hard to make sure the launch of Shibarium goes as smoothly as possible and that users of SHIB, BONE, and LEASH tokens can reap the benefits of the new network. With the crypto markets seemingly on track to recovery, the Shiba team is hoping that the launch of Shibarium will be the spark that sets off a bull run across the entire crypto space.