However, the community kicked against the proposal, which caused a change in the reimbursement plan.Harmony, in this week’s update, said the team listened to the concerns shared by the community and validators and stated plans to use the treasury for development and recovery.“We are committed to building Harmony for many years, to leverage our chain’s unique scaling advantages of uniform sharding and realize our long-term vision of network adoption and ecosystem growth. Harmony Protocol, which suffered a hack in June, has shared an update on its recovery plan for the community.The team stated that there would be zero percent minting, at least for now.In an amended recovery proposal published in a Medium blog post on Friday (September 23, 2022), the Harmony team said there are no plans to mint additional ONE tokens, nor would there be a hard fork.The latest development shows a shift from an earlier recovery plan in July, which proposed a hard fork to mint billions of ONE tokens. With a trading volume of $203 million.In contrast, Bone has also gained upward momentum, and as of the time of writing, BONE is also currently trading at $1.08, up over 14% in the last 24 hours, with a trading volume of $9.9 million.Featured image from Ferhat Deniz Fors on, chart from

As of the time of writing, Shiba Inu’s price is currently trading at $0.00000860, up over 4% in the last 24 hours. Multiple SHIB developers and influencers have been seen sharing the update from the official Twitter handle.SHIB and BONE Recent Price ActionSo far, SHIB has seen a reasonable momentum to the upside, following the path of other altcoins.

Even with hints and the hopes of its coming soon being given, there is still no official launch date yet.Notably, the Shibarium community Discord admin recently introduced a “Shibarium announcement” section in the Shiba Inu discord. However, the developers eventually confirmed that there was a technical issue which has now resulted in the delay of the network. Though some community members speculate that the development of Shibarium has been completed and is just waiting for the right time to deploy, they have expressed frustration at the prolonged delay of the network.Initially, the Shibarium blockchain launch was set for September 2022.

The team added, “No other tokens will be necessary to operate within the protocol.”In addition, the Shibarium team also made clear the ownership and objective of the blockchain, noting that Shibarium is built only for the Shiba Inu community and ecosystem to innovate while involving SHIB and not for any other projects outside the network.“Shibarium has been developed for Shib token and not for the sake of other projects who claim ownership or speculation surrounding its operability dependency on any other tokens,” the team stated using the Shibarium official account.Shiba Inu’s Shibarium Beta Launch Draws NearWith the constant anticipation of the Shibarium blockchain launch, prominent developers like Shytoshi Kusama and Trophias in the past weeks have dropped several hints indicating that the launch of the beta version of the Layer 2 blockchain is very close. In the series of tweets uploaded yesterday, Shibarium clarified that the project’s token, BONE, will be the only token that would be used for gas fees and other blockchain activities. This is the first series of tweets from the Shibarium blockchain official Twitter account.Debunking False Rumors Surrounding The Shibarium NetworkThe speculations on whether SHIB will be the blockchain native token have been another side of the false rumors going around. This comes amid the current anticipation of the network beta launch.Particularly, the speculation being cleared is the one surrounding tokens in the network or tokens that are required to utilize the network’s benefit. Following the rising speculation about the blockchain, the official Twitter account of Shiba Inu’s Shibarium network on January 4 made a post clearing the false speculation.

One harmony coin price prediction