Crypto News

Shytoshi Kusama Reveales New Plans For Shibarium

Shiba Inu developer Shytoshi Kusama has has revealed his plans amid the arrival of the Shibarium Layer-2 beta.
Published by
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

Advertisement

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.”

Advertisement

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

Advertisement
Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and 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.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Crypto News

VanEck Solana ETF Set for Launch as Firm Submits Final 8-A Filing

VanEck has filed its final filing for its Solana ETF with the U.S. SEC. It…

November 14, 2025
  • Crypto News

Canary XRP ETF (XRPC) Tops Solana ETF on Debut with $245M in Inflows

Canary XRP ETF (XRPC) makes a spectacular debut, with trading volume and net inflows surpassing…

November 14, 2025
  • Crypto News

Expert Raoul Pal Reveals Crypto Market Outlook as Government Shutdown Ends

The US government finally reopened after US President Donald Trump signed the funding bill passed…

November 14, 2025
  • Crypto News

Bitcoin Price Falls Below $100k Despite U.S. Government Reopening

The Bitcoin price has dropped below the psychological $100,000 level for the second time in…

November 13, 2025
  • Crypto News

21Shares Launches Crypto Market Index ETFs, Tracking Bitcoin, Ethereum, Solana, Dogecoin

21Shares introduced two new cryptocurrency index ETFs that offer regulated exposure to Bitcoin, Ethereum, Solana,…

November 13, 2025
  • Crypto News

Michael Saylor Predicts Bitcoin Will Overtake Gold’s Market Cap by 2035

Michael Saylor says Bitcoin will surpass gold’s market cap by 2035. Saylor said he has…

November 13, 2025