Shiba Inu (SHIB) has climbed over 70% in the last 30 days.
In anticipation of the Shibarium beta release, investors have flocked to SHIB, the flagship token of Shiba Inu.
Other Shiba Inu ecosystem tokens such as BONE and LEASH have also experienced price increases.
SHIB up 70% before Shibarium blockchain launch
With days before Shibarium’s launch, investors are jumping into Shiba Inu to capture any gains before the highly anticipated launch event.
Over the last 30 days, SHIB has climbed over 70%, LEASH (Doge Killer) went up over 50%, and BONE appreciated by 60%.
- Read more: Will Bitcoin go back up? Let's find out!
On January 15, 2023, the Shiba Inu team announced the new layer 2 blockchain network, Shibarium, and notified the crypto community that its beta release is imminent. SHIB has continuously climbed along with other Shiba Inu ecosystem tokens.
Since the announcement, BONE has been listed on crypto exchange Bitget and a petition by the Shiba Inu community to get BONE listed on Binance made some noise last week.
- Read more: Shiba Inu Coin Burn: Does SHIB Burn Coins?
Shiba Inu’s project lead, Shytoshi Kusama, is working around the clock to ensure that the Shibarium beta launches without a hitch. Shytoshi Kusama commented in the official Shiba Inu telegram group that he wants Shibarium’s launch to be “fudless”.
Tensions are high and a flawless network launch is to be expected after multiple delays and pushbacks. Many Shiba Inu owners see the recent green numbers across the ecosystem as a sign that the coin's future is on the right track.