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Reading: SHIB Token Sees Surge Ahead of Shiberium Beta Launch.
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The cryptonews hub > Blog > Market > SHIB Token Sees Surge Ahead of Shiberium Beta Launch.
Market

SHIB Token Sees Surge Ahead of Shiberium Beta Launch.

Crypto Team
Last updated: December 27, 2024 2:06 pm
Crypto Team
Published: January 17, 2023
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SHIB Token Sees Surge Ahead of Shiberium Beta Launch.

The Shiba Inu ( SHIB ) meme token community, also known as the “SHIB Army”, is getting super excited about the launch of Shiberium, a layer2 scaling solution designed for the SHIB crypto ecosystem. If we talk about it, the indications about its launch started last year as it was originally to be launched in the third quarter of 2022 which was mid-December. Members of the SHIB community indicated that the projects launch was nearing and on 15 January 2023 the team published a blog post titled “Introducing Shiberium: Shiba Inu’s Layer 2 Network”. Through this blog post it is known that “Shiberium Beta is about to launch” and it is also told what people are expecting from the launch and according to the team it will be launched in a phased manner and the project will be launched soon. The native token, known as BON, will be leveraged within the protocol for gas transactions and the payment of bounty validators and delegates. The team also mentions that in addition to having a supply of 250 million BONs, 20 million have already been reserved to reward validators and delegates in the coming years.
The ERC20 meme token Shiba Inu (SHIB) is definitely having a news moment during the past week as it has seen a 19.3% gain against the US Dollar while in the last twenty four hours, BON is up 11.1% and in the last week BON is up 16.1% Increased. Despite Shiberium still being in beta launch, many other meme tokens have seen similar growth as Floki, which jumped 26.4% this week. The meme token Let’s Go Brandon (LETSGO) is up by 71.6% during the past 7 days, and shibavax (SHIBX) is up by 55.9%. Metadog (Metadog) is up 41.5% this week and Hoge Finance (HOGE) is up 30.5%. Dogecoin (DOGE) which is popularly known as meme coin has seen a modest growth this week trading up 13.6% against the dollar and with this the meme coin economy is down as usual, as the last Its value has decreased by 3.5% during 24 hours.

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