A unification fund operator and validator on Twitter named Ringoshi Toitsu provided the most recent update on Shiba Inu’s Shibarium. According to the new update, Unification and the SHIB ecosystem are “unifying data together” for a possible Shibarium beta testnet.
The “partnershib” is a “beautiful sight to see,” according to the FUND REUMining Validator. The update also includes a picture of a Shiba Inu-themed dog and a silhouette of a man sitting on a tree gazing at the night sky with the xFund logo in the background.
“The unification / FUND partnershib with SHIBARMY on Shibarium is a beautiful sight to behold. We’re Unifying Data as a Team!” the most recent update stated.
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However, the validator did not provide any additional information about Shibarium’s public beta testnet launch.
Watcher Guru contacted the Unification validator to inquire about the release date. At the time of publication, the validator had not responded to our query. When the validator responds with a tentative Shibarium public beta testnet release date, FxCryptoNews will provide an update.
How Important Is Shibarium for Shiba Inu Development?
The Shibarium public beta testnet is eagerly awaited by the Shiba Inu community. The upcoming layer-2 solution would bring new opportunities to the SHIB ecosystem and allow developers to build new projects on the network.
Shibarium could help the SHIB ecosystem expand further and the Shiba Inu token’s price scale up in a sustainable manner. The L2 solution could also ‘burn’ SHIB tokens on a regular basis, thereby reducing their circulating supply. When supply becomes scarce, the price of the digital asset begins to rise.
SHIB was trading at $0.00000816 at press time, down 0.7% in the previous 24 hours. SHIB has also fallen nearly 90.5% from its all-time high of $0.00008616 in October 2021.