Crypto News

Shytoshi Kusama Reveales New Plans For Shibarium

Published by

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

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

Recent Posts

  • Crypto News

XRP News: US Tokenized Treasuries Value On XRPL Surpasses $418M

The rise of real-world assets (RWAs) on the XRP Ledger has continued to grow exponentially.…

April 29, 2026
  • Crypto News

Breaking: Robinhood Q1 Earnings Miss Wall Street Estimate, HOOD Stock Plunges 6%

Robinhood Markets Inc. (NASDAQ:HOOD) stock plummeted following the company's first-quarter 2026 earnings report, which fell…

April 29, 2026
  • Crypto News

CLARITY Act: Law Enforcement Concerns Surface as Crypto Bill Faces Another Hurdle

The CLARITY Act is facing another hurdle as Senator Thom Tillis, a member of the…

April 29, 2026
  • Crypto News

SEC Seeks Comment on NYSE Proposal for 85% NAV in Crypto ETF Assets Including XRP

The U.S. Securities and Exchange Commission (SEC) is seeking comments on the New York Stock…

April 28, 2026
  • Crypto News

WhiteBIT Partners With FC Barcelona in Push to Integrate Crypto Into Sports

Crypto exchange WhiteBIT has announced a new partnership with football club FC Barcelona, becoming the…

April 28, 2026
  • Bitcoin News

FOMC Decision Could Shape Bitcoin’s Next Move as Liquidity Conditions Improve, PrimeXBT Analyst Says

PrimeXBT has provided insights into the current Bitcoin price action and stated that the FOMC…

April 28, 2026