After days of reviewing, testing and fine-tuning, the Shiba Inu team relaunched the Shibarium website under lead developer Shytoshi Kusama.
Following the announcement that Shibarium is now back up and running, the price of Shibarium’s Bone ShibaSwap (BONE) gas token has risen 14% in the past 24 hours, according to CMC.
Shiba Inu team officer Lucie said the Shibarium is already creating blocks and operating normally; all that is needed is its publication.
Shytoshi Kusama previously promised to increase Shibarium’s capacity by 1,500%, which would improve its security, stability and decentralization.
Shibarium added a new monitoring system and additional security mechanisms such as RPC level rate limiting and automatic server reset.
In addition, the Shiba Inu team launches the implementation of ShibPaper to create a fully functional command and control structure.
Shibarium’s utility and token will increase as more projects and dApps are created online.
According to CMC, the BONE gas token has risen 14% in the last 24 hours and is now worth $1.40.
Additionally, trading volume increased by 100% in the last day, which is a sign that investors are paying attention.
On the other hand, new investors were constantly added to Shiba Inu. The number of people with SHIB has increased dramatically since the previous day.
The metrics show that the number of people with SHIB increased by 2,418,953 in the last 24 hours.