Why Is Shiba Inu Up 3% Today?

Why Is Shiba Inu Up 3% Today?

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Shiba Inu SHIB/USD is up 3.12% in the last 24 hours, after that Shytoshi Kusamathe main developer of SHIB, on Sunday released a new network adoption portal, ‘Join Shibarium’.

What happened: Kusama invited anyone interested in contributing to the Shiba Inu Layer 2 network Shibarium to join the Join Shibarium portal.

At the time of writing, SHIB was trading at $0.00001282.

“Ideally, this inclusion system allows us to find the best projects and link them to others who are helping or can help. It will allow us to meet the army while staying organized. It will allow us to expand Shibarium’s reach with professional companies and reinvigorate our relationships with companies we have been associated with in the past. Eventually, it will help us find the right validators,” Kusama said in a blog post.

See more: Top Indian Apps Giving Bitcoin, NFT Rewards

SHIB’s lead developer warned fans to watch out for new tokens being launched on the new network. “Important Reminder: During beta, all tokens and products on the beta network are for testing purposes ONLY. Don’t be scammed and buy whatever you find on Shibarium until the Shibarium mainnet launches,” Kusama noted.

The beta version of Shibarium is expected to be released next week.

Continue reading: Bitcoin, Ethereum, Dogecoin surge: Analyst warns ‘ugly’ bond market sell-off could push Apex Crypto to $21.5K

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