GM Brew Crew, let us start your summer weekend off with an absolute banger. The sun is shining and Saturday is upon us… Let’s dive in ⬇️

On the menu today:

• 🐕 SHIBA BLOCKCHAIN ‘SHIBARIUM’ NEARS LAUNCH

• 🦾 META DOUBLING DOWN ON THE METAVERSE

• 🫣 SAM BANKMAN-FRIED DIGGING A DEEPER HOLE

Today’s Charts:

🐕 SHIBA BLOCKCHAIN ‘SHIBARIUM’ NEARS LAUNCH

SHIB, initially a memecoin, is constructing Shibarium, a complete layer 2 blockchain. A significant milestone was recently achieved as they announced live testing for their Ethereum bridge.

For the unfamiliar, a bridge enables various blockchains to communicate and allows seamless token transfers for the user.

The layer 2 network will utilize tokens with names you may expect such as: treat, shib, bone and leash.

Given that the mentioned tokens will be utilized for applications on the blockchain, there is potential for heightened demand and thus significant price increases in the near future. Not financial advice - I said POTENTIAL you degens.

The launch of the Shibarium Layer 2 blockchain is expected to be seen next month.

🦾 META DOUBLING DOWN ON THE METAVERSE