Shibarium Launch Wait is Finally Over?

Shiba Inu and BONE witnessed a price surge in the last 24 hours ahead of the much-anticipated Shibarium launch. Some prominent SHIB influencers shared the “confirmed” logo of the upcoming layer 2 network. Shytoshi Kusama, lead Shiba Inu developer in a Telegram post said ‘Shibarium is ready’, and he will be releasing mediums “to introduce Shib Army to the layer-2 Blockchain.”

Shibarium Official Logo: Wait is it Finally Over?

Lucie, one of the prominent Shiba Inu influencers, shared the “confirmed” logo of Shibarium. But, it became official when Shytoshi Kusama used the same image as his cover photo which contains both the logo and the “Shibarium” inscription by the side.

On 14th February, Shytoshi wrote, “Saying here what I just said in the main TG chat (overrun by fudders and Shadowcats). Go enjoy Vday. Tomorrow my 1st of a series of mediums introducing the world to Shibarium will be released. The bow fits nicely, but I’m not releasing anything until @kaaldhairya is done mourning.”

Interestingly, the development suggests that the launch date for the public beta of the L2 network is around the corner.

“Wait WOT! Damn that’s HOT! #ShytoshiKusama says #Shibarium Is Ready, and will be releasing mediums to introduce #ShibArmy to the L2 #Blockchain! $Shib #Shiba pic.twitter.com/7c4tQ1WRNa”

– Lady Crypto (@ShibArmy_4Life)

Shiba Inu and BONE towards the Moon

Shiba Inu, a meme coin, has seen big gains in the past 24 hours, with its price surging more than 5%. At the time of writing, SHIB’s price was trading around $0.00001303 with a one-day trading value of $399,142,556. Interestingly, during the last 30 days, it has increased by 25.15% making it one of the best crypto gainers since the beginning of 2023.

On the other hand, Bone ShibaSwap (BONE), was up 11.45% at $1.51, with a market capitalization of $347,494,064 and a 24-hour trading volume has surged of nearly 193.23%. Now it stands at $27,533,399. At the same time, the circulating supply is approximately 229,928,600 BONE as per the crypto market tracker CoinMarketCap.

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.