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.
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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.