Cryptocurrency

Shiba Inu Lead Developer: I’m Not Playing Around, Shibarium is Near Completion

Members of the SHIB community continue to anticipate the launch of the Shiba Inu layer-2 scaling solution, Shibarium. The Shibarium project, which is near completion according to the lead developer in the meme token community, promises to scale the Shiba Inu network, enhance the network’s security and make transactions more efficient.

Shibarium launch nears

Given that the development of Shibarium began over a year ago, community members may have expressed doubts about the project or complained in the community chat group about the delay in the project launch. 

Accordingly, Shytoshi Kusama, a top developer in the Shiba Inu ecosystem has reiterated that the layer-2 scaling solution Shibarium would soon be launched on the main network. “Incoming. All incoming. I’m not playing around. We finish strong,” Kusama wrote, adding that he may be leaving the ShibArmy after the successful launch of all in-development projects.  

The developer made this statement in the official Shiba Inu community Telegram group in response to a member who enquired about the development surrounding the LEASH token. Notably, Shibarium went live on the Beta Testnet early this year with hundreds of thousands of transactions having been executed via the network. 

Jolt, a top member of the SHIB who broadcasted Kusama’s latest comment on Shibarium highlighted the rising price of the LEASH token, urging investors to look in the direction of the crypto asset. 

Per the screenshot shared by Jolt, Kusama went further to assure SHIB community members that all other planned projects in the Shiba Inu ecosystem,  including LEASH and SHIB Metaverse would be rolled out, probably, in the coming months. The top influencer in the SHIB ecosystem pointed out that he is not playing out, reiterating that the launch of Shibarium is near.

However, the exact date for the mainnet launch of Shibarium remains unknown as Kusama is yet to disclose it. SHIB community members are hopeful that the layer-2 scaling solution would be rolled out this year to further boost the ecosystem and positively influence the price of the second-largest meme token. Recall that the project pledged to burn billions of SHIB tokens accrued from transaction fees per week.


Follow us on Twitter, Facebook, Telegram, and Google News

Ndianabasi Tom

Ndianabasi Tom joined the crypto and blockchain industry in late 2018. He is an all-rounded crypto journalist and content writer. At TimesTabloid, he covers the industry's latest news, developments, and other educational content. He is a graduate of Petroleum Engineering.

Recent Posts

Best Cryptos to Buy in November 2024: Learn More About Qubetics, Polkadot, and Avalanche

The crypto market is buzzing again, and November 2024 is shaping up to be one…

3 hours ago

XRP Price Spikes As SEC Chair Gensler Officially Announces Resignation Date

Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), has officially announced he…

3 hours ago

The Best Casino Games That You May Be Overlooking

Asking a bettor what their favorite casino games are will always result in one of…

4 hours ago

Biggest In Almost 3 Years: Something Big Is Coming For XRP

A prominent cryptocurrency market analyst, Armando Pantoja, has suggested that XRP might be on the…

4 hours ago

Explosive Crypto Bull Run 2024! Don’t Miss the Biggest Opportunity of the Decade!

As the new year dawns, the crypto world is buzzing with predictions of an epic…

5 hours ago

Ike Goes Live on Mainnet: Unlocking Liquid Staking on Aleph Zero

London, United Kingdom, 21st November 2024, Chainwire

5 hours ago