With the rise of meme coin projects in recent days, the expected attack from the SHIB community has finally arrived! While the community that has been waiting for Shibarium for a long time was managing questions on Telegram, the SHIB team excited the community members with the big announcement. So, will the levels conveyed by the experts come true? Here are the details…
The Shibarium Telegram admin pointed to May: The community is excited!
An official Shibarium Telegram group administrator said that important announcements are coming this month for Shiba Inu’s layer-2 scaling solution, Shibarium. Using the nickname “Someone Smart”, the telegram administrator made this announcement on the official Shibarium Telegram group over the weekend.
According to excerpts from the discussion, “Dinesh”, a member of the Telegram group, first asked if the community should expect “any good news” from the team behind the L2 blockchain. Responding to this question, Someone Smart suggested that “very, very soon”, suggesting that the team is close to announcing good news for Shiba Inu’s layer-2 scaling solution. Also, Someone Smart stated that good news for Shibarium will come in May. On the other hand, the Shibarium telegram manager also stated that multiple announcements will come for the SHIB Layer-2 network. However, against the community that has been waiting impatiently for a long time, the manager said that he could not give more information.
Shytoshi Kusama: “The Shibarium team is so close to achieving the impossible!”
Shibarium team members use encrypted messages to communicate their plans for the Layer-2 scaling solution. Last month, a member of the Shibarium Telegram group asked Shiba Inu lead developer Shytoshi Kusama to get the community excited “once in a while” with some good news about the L2 network. In response to this request, Kusama revealed that he is quietly working with an incredible team and trying to achieve the “impossible”.
While Kusama hasn’t shared any more clues about the impossible task the team is working on, many speculate that the Shiba Inu may be referring to the mainnet version of Shibarium. However, the Shibarium mainnet is expected to be available before the end of the year. However, the team did not reveal any official dates. Puppynet, the beta version of Shibarium, is still live and the project continues to be widely adopted. On the other hand, the Shibarium Beta has had tremendous success over the past few weeks. Notably, more than 14.06 million crypto addresses have been connected to the network. Additionally, the number of transactions exceeded 4.6 million.
These price levels could happen as SHIB adoption grows!
As you know, Shiba Inu (SHIB) fascinated the cryptocurrency world with its unique blend of meme culture and blockchain technology. The difference of the project, which has become the favorite of many investors, will be the Shibarium project. Shibarium is essentially an upcoming Layer-2 blockchain network for the Shiba Inu blockchain that will be built on Ethereum, a decentralized exchange (DEX), Metaverse, and games. However, one of the most important advantages of Shibarium is that it will encourage users to keep SHIB to join the platform. Users with SHIB will be able to stake it in Shibarium and earn rewards. This will create a demand for SHIB and potentially increase its price.
Another way Shibarium can affect the price of the SHIB is through increased usage. As a decentralized exchange built on the Shiba Inu blockchain, Shibarium will likely garner a lot of attention from the cryptocurrency community. This could cause more people to be interested in SHIB, increasing its demand and price. It should be noted, however, that the price of SHIB is highly volatile and estimates of $0.001 should be viewed with caution. However, Shibarium could potentially provide some stability to the SHIB price as it will create significant uses for the coin beyond speculation. If Shibarium proves to be successful, it could lead to other developments in the Shiba Inu blockchain that could further increase the value of SHIB.
56266
