Shiba Inu Important update will be released—will the price hit $0.50 by year's end QouteCoin
New York City: Shibarium will raise the market valuation of Shiba Inu (SHIB), the second-largest meme cryptocurrency. On Saturday, Shytoshi Kusama, the chief developer of Shiba Inu, hinted about introducing the much-anticipated Shibarium shortly, energizing the Shib-army who had been risk-averse owing to SHIB price drops.
Focused. “Update coming soon and I bet you will enjoy it,” Kusama tweeted, adding the “Shibarium” and “Shibareternity” hashtags.
The creator stated that his “attention now moves to Shibarium” after finishing the Shibaeternity 1000+ page players guide, which will be published on November 2. The Shiba community has speculated that the Shiba team would issue a gaming guide for Shiba Inu’s Collectible Card Game and Shibarium documentation at the same time based on Kusama’s tweets.
Shibarium, a layer-2 solution suggested by Shiba Inu developer Ryoshi, would host the Shiba ecosystem to support the network’s growing functionality. Since Shiba relies on Ethereum, high gas prices have suffocated consumers, particularly when Shiboshi NFTs launched. Despite Ethereum’s switch to proof-of-stake, this issue persists.
Shibarium will use a sophisticated mechanism to burn SHIB tokens, lowering the quantity of coins in circulation, which should boost the price. Shibarium might potentially connect different ecosystems and let developers build on it. Unification developers are establishing a Testnet to create end-user products including wallets, block explorers, and token transfer bridges.
