Shiba Inu Price Reacts to Shytoshi Kusama’s Plans for Shibarium 

2024-05-10 16:29 32

The post Shiba Inu Price Reacts to Shytoshi Kusama’s Plans for Shibarium  appeared first on Coinpedia Fintech News

The developer of the popular meme-coin Shiba Inu, Shytoshi Kusama, has started a blog series to explain the release of the Shibarium Layer-2 beta. The blog post from February 20 revived calls for Shibarium by spreading buzz via Twitter.

The latest blog is part of a series of Medium entries in which he presents Shibarium. The second part, “Shibarium Blog: 2022 The Year of Learning,” was just released, and in it, Kusama discusses the challenges he faced last year.

Kusama said, “In this blog, I spoke on what we’ve done publicly (and stealthily) to advance the idea of Shibarium during its development. Next, I’ll go into detail about what I’ve done behind the scenes to prepare the blockchain for public consumption and to keep us all safe, technical aspects, why intake and much more. Then, we will release the intake form and Shibarium Beta.”

As soon as the blog post was published, the Shiba Inu price increased by 4%. Shiba Inu is now up more than 3% and trading at $0.00001358 at the time of writing.

Despite opposition from a number of parties, Kusama underlines how hard he fought to see the project through to completion. The lead developer battled with personal difficulties and even threats of death. 

His next post will cover a variety of subjects, including community protection strategies, technological facts, and other pertinent data. The Shibarium team will continue with the beta version release after that.

“Next, I’ll go into detail about what I’ve done behind the scenes to prepare the blockchain for public consumption and to keep us all safe, technical aspects, why intake, and much more. Then, we will release the intake form and Shibarium Beta,” he said.

Another major piece of news was revealed in a brief tweet reply from Kusama, who stated that a teaser for the Shibarium album would be released somewhere during the week of February 20. Shibarium’s arrival was delayed by the absence of main team member Kaal Dhairya, but his rejoining the group has raised expectations for a quick launch.

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