Shibarium Public Beta Imminent as SHIB`s Trading Volume Skyrocket

SNEAK PEEK:

• Shibarium’s beta launch drives a 104% surge in SHIBA trading volume.
• SHIB’s price dropped by 3% following Shibarium’s public beta announcement.
• Shibarium’s upcoming public beta signals a new secure, and efficient crypto trading era.

Shibarium, the blockchain network linked to the Shiba Inu token, is set to launch its public beta this week. The Shibarium team announced via their official social media accounts that users will soon be able to access the beta website and test its features before the official launch.

Attention #SHIBARMY 🚨

We’re thrilled to announce that #SHIBARIUM Public Beta will be launching THIS WEEK! 🎉

Make sure you’re following our official socials over the next few days as we reveal all the details on how to access the beta website. Hail Shib! #ShibariumBeta 🦴 pic.twitter.com/0fG3u3mY4S

— Shib (@Shibtoken) March 7, 2023

The crypto community highly anticipates the Shibarium beta release, as the platform aims to provide a more secure and efficient trading experience for its users. Shibarium is built on the Ethereum blockchain, with its native token, SHIB, serving as the platform’s utility token. 

The beta release is expected to offer users an early look at Shibarium’s interface, trading tools, and security measures and the opportunity to provide feedback and suggestions for improvement before the official launch.

The announcement of Shibarium’s upcoming public beta launch has significantly impacted the trading volume of Shina Inu (SHIB), the platform’s native token. According to data from CoinMarketCap, trading volume for SHIBA has increased by over 104% in the past 24 hours, with the token currently ranked as the 15th largest cryptocurrency by market capitalization.

The surge in trading volume clearly indicates the excitement surrounding Shibarium’s beta release and the potential for the platform to disrupt the current cryptocurrency trading landscape.

Despite the increased trading volume for SHIB, the token’s price dropped slightly after Shibarium’s public beta announcement. The SHIB/USD pair is currently trading at $0.00001082, representing a 3% decrease in price over the past 24 hours.

This price drop is not unexpected, as the cryptocurrency market is known for its volatility and fluctuating prices. However, it is worth noting that the overall trend for SHIBA has been positive in recent weeks, with the token experiencing steady growth and reaching new all-time highs.

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• Source: https://investorbites.com/shibarium-public-beta-imminent-as-shibs-trading-volume-skyrocket/