Shytoshi Kusama Reveales New Plans For Shibarium
The lead developer of Shiba Inu (SHIB), Shytoshi Kusama unveiled his plans for Shibarium. Kusama explained his journey toward developing a platform that was different and viable for the common ecosystem. The SHIB community is amazed as the developer is pushing the updates at a rapid speed.
“Let’s start the week off right. NEW SHIBARIUM BLOG. 2022: The Year of Learning recaps the year and looks forward towards #Shibarium. Read it so you’re all caught up,”
Shytoshi Kusama (@ShytoshiKusama), February 20, 2023
Shibarium: Soon frens. Until then, be well
Despite facing criticism and adversity, Shytoshi Kusama and the Shibarium team are rapidly working on bringing the platform to life. The second blog on Layer 2 blockchain consists of an array of topics in the Shiba Inu ecosystem. The topics include:
- The Breeds
- Shiba Eternity
- Welly
- Shiba Fashion
- SHIB: The Metaverse
- Shibarium
Amid a “constant barrage” of “wen Shibarium,” the lead developer noted how rolling out a project takes immense work and effort. Shytoshi wrote,
“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.”
Shiba Inu continued to perform better
Despite the rather disappointing news, Shiba Inu has been performing far better than its counterparts. SHIB’s price at the time of writing is $0.00001367, with a market capitalization of $7,499,847,601 and a 24-hour trading volume up by 153.36%. Now it stands at $550,284,070. At the same time, the circulating supply is approximately 549,063,278,876,302 SHIB as per the crypto market tracker CoinMarketCap.
Also Read: This Shiba Inu Coin Spin-off Cracks Triple-digit Gains
- Coinbase Joins Ripple and Circle In Applying For National Banking License
- USDT Issuer Tether Eyes $200M Raise To Launch Tokenized Gold Treasury Company
- REX-Osprey Files For ADA, HYPE, XLM, SUI ETFs as Crypto ETF Frenzy Heats Up
- ChangeNOW’s Quiet Power Play in Helping Crypto Businesses
- Standard Chartered Sees Bitcoin Soaring to $200,000 by Year-End on ETF Boom
- BNB Coin Price Hits ATH as Derivatives Activity Soars—Is $1,520 the Next Stop?
- Aster Price Eyes $3 After Channel Breakout as Open Interest Surges to $1.37B
- Will XRP Price Hit $5 if the SEC Approves ETFs This Month?
- Bitcoin Price Hits $120K Ahead of Q4 — Can Citigroup’s Forecast Hold Up?
- Pi Network Price at Risk of Another Crash as Mysterious Whale Stops Buying
- Solana Price Eyes $360 After Bullish Retest As VisionSys AI Deploys $2B Treasury Strategy
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
