Shiba Inu Dev Unveils Major Shibarium Upgrades Amidst SHIB Retracement
In a recent blog post, Kaal Dhairya, one of the key developers behind Shibarium, the layer 2 protocol of the Shiba Inu network, revealed a series of significant upgrades aimed at bolstering the network’s capabilities. The announcement comes at a time when Shibarium has crossed the 1 million wallet mark, a milestone that underscores its growing adoption and utility. “First of all, congratulations to the ShibArmy for reaching a milestone of 1 million wallets and soon, 1 million transactions. We have achieved—and aim to maintain—our status as one of the fastest and cheapest L2....
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In a significant development for the Shiba Inu community, Shib CoOp, a Metaverse real estate project, announced the premiere SHIB token burn on Shibarium, marking a significant step forward for the Layer-2 (L2) blockchain network built atop Ethereum. With the launch of Shibarium over two months ago, the platform is designed to host a myriad […]
The Shiba Inu cryptocurrency stands out as a vibrant and intriguing player. Rising from the quirky world of internet memes, Shiba Inu coin has pawed its way to prominence in the crypto market. This article will serve as an essential explainer, guiding you through the SHIB ecosystem, analyzing price dynamics, and offering insights into Shiba Inu price prediction trends. Introduction To Shiba Inu (Cryptocurrency) Here’s what you can expect: What Is Shiba Inu: Here, we’ll uncover the genesis of Shiba Inu coin, explore the unique culture that surrounds the cryptocurrency Shiba Inu, and....
The burning of SHIB tokens has become an important part of the Shiba Inu community. Each week, tokens are sent to a ‘burn’ address by community members as they try to reduce the supply of the token. This is why the introduction of a burn mechanism for the Shibarium Layer 2 network is a welcome development for the community. Lead Dev Says Shiba Inu Burn Portal Is Coming In a tweet shared on X (formerly Twitter) on Monday, Shiba Inu lead marketer LUCIE shared a much-anticipated announcement with the community. Lucie revealed in a screenshot of an exchange with the developer that a Shiba Inu....
Shibarium, the scaling solution from the Shiba Inu team, has achieved new milestones after experiencing a significant wave of adoption and user engagement following its launch. SHIB Community Euphoria Sparks Shibarium Meteoric Rise According to a report on August 21, the Shiba Inu ecosystem recorded an astonishing number of new wallets, with over 10 million wallets registered following the launch of the Shibarium network. The layer-2 network also recorded over 160 million compute units and a large deposit of ETH and BONE tokens, 1,000 and 600,000 respectively. Related Reading: Gemini....
A popular Shiba Inu burn tracker has made a significant step in the meme coin’s evolution with the launch of the aptly named SHIB Association, an innovative venture exclusively centered around the Shiba Inu ecosystem. Newly Launched SHIB Association Unmasked In a rather lengthy X (formerly known as Twitter) post, Shibburn announced the launch of the SHIB Association, a novelty initiation that may play a pivotal role in the future progress of the Shiba Inu ecosystem and the improvement of the SHIB community. Shibburn stated that the SHIB Association was created to facilitate the growth....