The crypto world is abuzz with the news of the Shibarium launch, as the Sharbi team is set to introduce its meme-themed cryptocurrency, SHARBI, on Shiba Inu’s Layer-2 blockchain, Shibarium. The much-anticipated event occurred on October 16, 2023, at 21:00 (UTC).
Sharbi’s Debut on Shibarium
SHARBI made a grand entrance on Shibarium by listing on Marswap, a decentralized exchange on the Shiba Inu blockchain. The team behind Sharbi expressed their excitement about the launch on Twitter, referring to the Shibarium network as their home and expressing their eagerness to collaborate with their amazing friends.
A Week-long Celebration for the Shibarium Launch
To commemorate the Shibarium launch, Sharbi’s team initiated a week-long campaign named ‘7 Days of Sharbi’. The campaign included a variety of engaging activities such as games, giveaways, and surprises for the community.
Sharbi’s Journey and Accomplishments
Sharbi, self-proclaimed ‘Queen of Memes’, is a community-owned crypto project. SHARBI is a multi-chain cryptocurrency available on two notable blockchains, Ethereum and Arbitrum, and with the Shibarium launch, it marks its presence on the third network. Despite being a relatively new crypto project, Sharbi has made remarkable strides, including listing on various crypto exchanges like Gate.io, Uniswap, Sushiswap, and LBank.
The Sharbi team has also formed alliances with leading crypto projects, including FCF Pay and Solidity.io. SHARBI holders are rewarded with USDC on a daily basis, and according to a March announcement, the team has distributed over $350K worth of USDC as a reward to SHARBI holders.
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SHARBI’s Performance and Shibarium’s Adoption
Following the Shibarium launch, SHARBI’s price witnessed a significant surge, with a 15% increase over the past 24 hours, according to CoinGecko data. The token also experienced a 19.7% rise over the past week.
Shibarium’s debut on August 16 has led to its growing adoption within the crypto community. As of now, Shibarium boasts an impressive 3.45M transactions and over 1.25M addresses, indicating its growing popularity.
