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Confirmed: Shiba Inu’s Highly Anticipated Shibarium Set for Initial Launch Next Week

by Daily Hodl Staff
February 21, 2023
in Altcoins

Shiba Inu’s highly-anticipated layer-2 network Shibarium will launch in beta mode next week, according to a key player in the memecoin’s ecosystem.

The official Twitter account for Bone ShibaSwap (BONE) just posted a viral tweet confirming the launch date.

The most #important topics for everyone!
1. It has been confirmed that #Shibarium Beta will be released next week
2. Over a million #Shiba holders will buy $bone for very low fees and burn $Shib with every transaction.
3. You will need #bone for everything in the #shib ecosystem

— BoneShibaSwap (@BoneShiba) February 21, 2023

Shibarium is designed to be similar to other layer-2 scaling solutions like Polygon (MATIC).

The new network will let developers create custom tokens within the Shiba Inu ecosystem. It’s also expected to significantly speed up transaction speeds and lower gas fees.

The Shibarium scaling solution will use BONE as its governance token, and all gas fees in the ecosystem will be paid in BONE.

The launch dates for both the beta and official versions of Shibarium have been the subject of much debate.

The project’s pseudonymous lead developer Shytoshi Kusama has said he’s not giving firm dates to avoid disappointment from delays that could happen along the way.

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