Shibarium Public Beta to Be Launched This Week, SHIB Tokens Rallies

Published on:

Last Updated on March 8, 2023 by Bitfinsider

Shiba Inu developers announced early Wednesday that the much-anticipated Shibarium blockchain will issue its test version for the layer 2 network this week.

A beta testnet is a network that functions similarly to the actual world. Layer 2 refers to a collection of off-chain solutions (separate blockchains) constructed on top of layer 1s to alleviate scalability and data congestion.

These combine numerous off-chain transactions into a single layer 1 transaction, lowering data burden and costs.

The debut could help Shiba Inu, which was founded during the previous bull market as a Shiba Inu-themed meme currency and has since attempted to place itself as a serious project with its own blockchain network and dApp ecosystem.

Meanwhile, Shiba Inu tokens surged on Wednesday after the beta version debut was confirmed.

How to buy or trade SHIB on ProEX

You can buy or trade SHIB on ProEX. As ProEX frequently holds campaigns and events, you should check out its event page here to see if you can participate and win rewards as you trade.

On ProEX, you can trade SHIB as a spot pair (SHIB/USDT) in 3 simple steps:

  1. Sign up and register an account on ProEX 
  2. Buy USDT via ProEX One-click Buy 
  3. Trade SHIB/USDT at ProEX Spot

Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.