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Shib Army News: This Is Not A Drill! Shibarium Beta Is HERE! The Beast Unleashed!

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2 years ago

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SHIBARIUM NEWS
(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

The Excitement is for real as the BETA Public TestNet is releasing this week. There are so many in the SHIB ARMY and in the Crypto community that have been waiting for this day!

The Official Shibarium Technology Account made the announcement that the Beast is unleashed! In their tweet, they said “Attention #SHIBARMY We’re thrilled to announce that #SHIBARIUM Public Beta will be launching THIS WEEK! Make sure you’re following our official socials over the next few days as we reveal all the details on how to access the beta website. Hail Shib! #ShibariumBeta ”

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What exactly is Shiba Inu’s Shibarium?

Shibarium is a layer-2 solution that was proposed by the Founder of Shiba Inu, Ryoshi. Shibarium is being built by UNIFICATION & SHIB DEVELOPERS which say that SHIBARIUM will have transactions “approved in seconds for pennies”. There were so many developers waiting for the release as they want to build upon it. One of the most anticipated projects, Pawzone/PAWZAAR,(TOKEN AND PROJECT NOT YET RELEASED)  is fired up and ready to go.

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With BONE being the only GAS to be used on SHIBARIUM and a MAX Supply capped at 250 Million it is possible to see similar price action to Ethereum in its early days. After the exchanges start to list BONE, which is inevitable at this point, the token may very well exceed all other’s expectations. We encourage everyone to do their own research but in our humble opinion, $BONE is going to surprise a lot of people in the very near future.

So what about SHIBA INU? Do you remember what was said about Shibarium? There will be transactional burns that will be part of Shibarium. This means that even at pennies Shibarium has the potential to burn trillions of Tokens over time. The more popular that Shibarium becomes, the more SHIB will burn. remember, the main token of the ecosystem is Shiba Inu and though BONE may get the spotlight at the moment the ultimate goal is for the entire ecosystem.

The Official Account for #SHIBARIUM tweeted out “While on our last post we wanted to remind everyone that BONE  serves as the required gas token for operability within Shibarium, we also would now like to formally announce that each #Shibarium transaction will SHIB. We are focused on delivery at this time, please stay tuned for additional information and as we approach our beta launch. Please follow @ShibariumNET and our official portals for any information in regards to the protocol.”

 

Overall with the release of the BETA (PUBLIC TESTNET) version of Shibarium, the future really is in the hands of the Shiba Inu Ecosystem Though this is our opinion, we can see Shib moving into the top 10 Cryptos after the MAINNET is released and as more projects build upon the L2. There are many projects that will be built utilizing SHIBARIUM with the Shiba Army community very enthusiastic. We actually took a poll to see the percentage of people that were planning on building and the results showed that over 76% of the community was ready and willing to build upon it. These numbers are fascinating even if only 25% build the growth potential of the ecosystem is enormous.

 

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