Shibarium Shiba Inu Rumored to Launch September 2022
The speculation arose after Unification xFund, the company working on the L2 solution, revealed that the Shibarium public beta testnet would open in the third quarter of this year.
Also, on August 25th, xFund moderators tweeted that Shibarium will launch on September 30th, powered by xFund.
However, the moderator deleted the tweet after receiving the spotlight from the Shiba Inu (SHIB) community.
The Shiba Inu team responded to the rumors and denied claims that Shibarium would open in September.
Trophias, head of the SHIB defense team, tweeted that Shibarium would not launch on September 30.
“I think the SHIB team needs to make a statement. No date has been announced for Shibarium to be allowed to be circulated,” explained Trophias, quoted from Watcher Guru.
The head of the SHIB defense team praised the developers who worked behind the scenes to build Shibarium.
The xFund team and oracle services are the partners chosen by the SHIB team. Trophias said it supports xFund and he is confident they will do an amazing job.
Shibarium is the most anticipated update in the Shiba Inu ecosystem. The L2 network aims to significantly reduce gas fees or transaction costs. This is expected to attract investors to buy SHIB tokens.
Currently, SHIB is trading at US$0.000012, down 1.9 percent in the last 24 hours. The Shiba inu dog-themed cryptocurrency meme is down 85.5 percent from its all-time high of $0.000086 hit in October last year.
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