Lead developer Shiba Inu publishes a mysterious tweet – is this news about Shibarium?

While the wait for the official launch of Shibarium continues, there is speculation suggesting that the SHIB price could reach $0.001

Shytoshi Kusama is once again making market observers wonder. The community takes up the debate and concludes that Kusama’s statement is about Shibarium. Is this really the case?

Mystery, interest, uncertainty about Shibarium….

There are many indications that work on Shibarium, which has been delayed, is gaining momentum. This is what most of the Shiba Inu community recognizes. This is evident from the interpretation of words posted on Twitter by the ecosystem’s lead developer.

Shytoshi Kusama, posted the following on Wednesday, November 16:

“Preliminary design approved. Now I can double down. Let the debris show itself as a stream of kindness and truth that washes over the world.”

The community’s association with Shibarium seems quite obvious. This fact is manifested by the section of comments under the post, in which references to the second layer of the project are by far the most numerous. In addition, many observers of the Shiba Inu ecosystem have Kusama’s words in their mind, which stated that after the launch of the Shiba Eternity game, he shifts his attention to Shibarium. 

We have covered this topic more than once in our articles. If you want to learn more and stay up to date, we encourage you to use the magnifying glass, at the top of the screen. This will give you quick access to any content we have previously published.

Problems with running Shibarium

Shibarium is a 2nd Layer solution for Shiba Inu. It has been planned and designed for quite a long time. Its goal is to free the potential of SHIB from the limitations of the current project, by virtue of operating within the Ethereum network. The Shibarium is thus to become a center of life for the entire dog coin community. It is the name for the dog coin Metaverse. This solution is modeled on the Polygon network. It will therefore be similar in terms of security, scalability and operability.

This ambitious project, meanwhile, is proving difficult to implement. The company behind its construction promised that Shibarium documentation would be made available by the end of the third quarter of this year. To date, however, this has not happened. There is hope, therefore, that Kusama’s cryptic post suggests that things have moved forward significantly.

The reaction of the price of SHIB 

It appears that the mysterious tweet published by lead developer Shiba Inu, has had absolutely no effect on the coin’s price action. For the time being, it is consolidating around $0.000009. There are many indications that the further movement of SHIB will be determined by the condition of Bitcoin.

Disclaimer: Blockbulletin does not take accountability of investments based on the information of the website. We highly advice readers to make extensive research prior to any invest

Share this article

More news

XRP

XRP outperforms Bitcoin and Ethereum

In the past week, XRP decisively outperformed its main rivals, Bitcoin (BTC) and Ethereum (ETH), in terms of capital flows. Moreover, it recorded an impressive $2.7 million…

Solana and Avalanche on the eye of investment funds

Two alternative coins, Solana (SOL) and Avalanche (AVAX), are gaining increasing interest and are successively attracting the attention of investment funds. Although bitcoin (BTC) remains the main…
All articles loaded
No more articles to load

Learn

Cryptocurrency wallets

Cryptocurrency wallets

We talked about security when trading crypto assets in an article titled “Online security“. We also mentioned how important it…
hardware wallets

Cryptocurrency hardware wallets

From the article titled “Cryptocurrency wallets” you learned about the different types of wallets. They were briefly characterized there. Let’s…
Where to buy cryptocurrency brokers

Which cryptocurrency Brokers to use

In the article “Where to Buy Cryptocurrencies (Exchanges)“, we introduced you to which exchange platforms you can purchase cryptocurrencies on.…
Trading cryptocurrencies

Trading cryptocurrency

In the cryptocurrency market, you face many opportunities to invest in cryptocurrency or buy or sell cryptocurrency. If you want…
All articles loaded
No more articles to load

Analyses

All articles loaded
No more articles to load

Latest news

All articles loaded
No more articles to load