Shiba Inu Surges 3% After Shibarium Portal Launch

Shiba Inu SHIB/USD is up 3.12% in the last 24 hours, after Shytoshi Kusama, the lead developer of SHIB, released a new network adoption portal, 'Join Shibarium', on Sunday.

What Happened: Kusama invited everyone looking to contribute to the Shiba Inu layer-2 network Shibarium to join the 'Join Shibarium' portal.

At the time of writing, SHIB was trading at $0.00001282.

Here’s to the first day of the rest of our lives on #Shibarium. INTAKE FORM IS LIVE #SHIBARMY. https://t.co/ZKYNFIjsnx Shytoshi (@ShytoshiKusama) February 26, 2023

Ideally, this intake system will allow us to find the best projects and link them together with others who can help or assist. Itll allow us to meet the army and remain organized in the process. Itll allow us to grow Shibariums reach with professional companies, and allow us to reset our relationships with businesses that weve connected to in the past. Finally, itll help us find the right validators, Kusama said in a blog post.

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SHIB lead developer alerted fans to watch out for new tokens that launch on the new network. Important Reminder: During the beta, all tokens and products on the beta network are for testing purposes ONLY. Dont get scammed and buy anything youll find on Shibarium until the Shibarium main net launch, Kusama noted.

The beta version of Shibarium is expected to launch next week.

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