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

Bitcoin bonds get the green light from El Salvador's regulator

El Salvador plans to build a Bitcoin City

El Salvador’s own progression of Bitcoin adoption is not slowing down. This time, President Nayib Bukele has announced plans to build a Bitcoin City. Special bonds are…
All articles loaded
No more articles to load

Learn

It seems we can't find what you're looking for.

Analyses

It seems we can't find what you're looking for.

Latest news

All articles loaded
No more articles to load