Shiba Inu community’s confidence in the ecosystem and lead developers are rising as they await the Shibarium Beta launch. Telegram messages by developer Shytoshi Kusama and the Unification blockchain team indicate an increase in development activity as the anticipated launch of Shiba Inu’s Layer-2 blockchain solution Shibarium comes near.
Development Activity Rises As Shibarium Beta Launch Approaches
Ringoshi Toitsu, operator of FUND validator on the Unification blockchain, in a tweet on January 24 revealed Unification official Telegram messages by Shiba Inu’s lead developer Shytoshi Kusama.
As per the Telegram messages, Shytoshi Kusama points to Shibarium and Unification as the key to the future of the Shiba Inu ecosystem. Recently, Shytoshi Kusama met with the Unification team for aligning, onboarding, and finalizing Shibarium.
“It’s not a coincidence RYOSHI created a partnership with #Unification & SHYTOSHI continued his wishes. Data is the NEW OIL, & UNIFICATION operates both the extraction, & refining services of #SHIBARIUM data.”
Further, Shiba Inu Telegram group admin Xanders Shib reported an increase in development activity as developers are working to finalize the Shibarium Beta launch.
ShibArmy anticipates the Shibarium Beta launch on February 14, Valentine’s Day. Shytoshi Kusama changed his Twitter bio dropping hints at the Shibarium Beta launch on Valentine’s Day. Meanwhile, Shiba Inu and BONE tokens attract whale accumulation, the SHIB burn rate has increased, and social sentiment hit an all-time high.
According to the on-chain data platform IntoTheBlock, Shiba Inu is bullish amid the rise in social sentiment. Moreover, 80% of the circulating supply is held by whales.
SHIB and BONE Awaits Massive Momentum
Shiba Inu (SHIB) price is currently trading at $0.00001211, up 1% in the last 24 hours. The 24-hour low and high are $0.00001192 and $0.00001219, respectively. However, the trading volume has declined ahead of the Fed rate hike on February 1.
Meanwhile, Shibarium’s gas token BONE is trading at $1.40. The BONE is trading sideways in the last 24 hours. The community is confident over massive upside momentum in SHIB and BONE prices near the Shibarium Beta launch.
Also Read: Reasons Why Bitcoin (BTC) Price Rally Is Likely Over
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.