Tuesday, November 12, 2024
HomeCryptocurrencyTop Bitcoin Proponent Lauds Shibarium Beta Bridge Testing, Says SHIB Now More...

Top Bitcoin Proponent Lauds Shibarium Beta Bridge Testing, Says SHIB Now More Than a Meme

Keyur Rohit, a well-known figure in the Bitcoin community, has recently taken to Twitter to express his admiration for Shibarium Beta Bridge. This cross-chain protocol has attained significant attention as a solution for Shiba Inu’s Layer 2 scaling.

The coveted bridge allows seamless asset transfers from networks such as Ethereum to Shibarium, although transactions can take up to 20 – 30 minutes to complete.

Read Also: Shiba Inu (SHIB) Sets Sights on Breaking Through $0.0000088 All-Time High

Shedding the Meme Coin Moniker

Rohit unequivocally stated that Shibarium Beta Bridge’s introduction marks a turning point for Shiba Inu, dispelling any notions that it is merely a meme coin.

Originally bestowed upon cryptocurrencies that emerged as a joke, meme coins have since undergone notable transformations to distance themselves from their humorous origins. Shibarium stands as an exemplar in this endeavor, and Rohit resonates with this sentiment.

The prominent Bitcoiner went on to explain that the advent of Shibarium Beta Bridge thrusts Shiba Inu into the limelight of major blockchain contenders. This development cements its status as a reputable cryptocurrency, elevating its significance in the market.

Rohit highlights the various reasons for this shift, including enhanced transaction speeds, reduced fees, a connection to Ethereum, and the potential for gaming and metaverse opportunities.

According to Rohit, “Shibarium is a game-changer for #SHIB and the #crypto world. It’s not just about memes anymore. Faster transactions, lower fees, a bridge to #Ethereum, and potential gaming and metaverse opportunities make it a force to reckon with.”

Read Also: How Much SHIB Will Make You $7 Million If Shiba Inu Hits $0.001, $0.01, and $0.1

Exploring Shibarium’s Pioneering Attributes

Further shedding light on Shibarium, Rohit elaborated on its forthcoming Layer 2 scaling solution. Faster transactions and reduced fees are among the selling points that will entice a growing user base.

Additionally, Rohit emphasized the integration of four tokens within the Shiba Inu ecosystem – SHIB, TREAT, BONE, and LEASH. As demand for these tokens soars, Rohit speculates that their prices will surge, yielding substantial returns for investors.

Rohit also touched on Doggy DAO, a decentralized autonomous organization operated by Shiba Inu token holders. By empowering community governance and allocating funds for Shibarium projects, the DAO plays a crucial role in shaping the ecosystem’s future.

Anticipation Builds as Shibarium Mainnet Launch Approaches

The release of Shibarium Beta Bridge signifies that the mainnet launch of this L2 scaling solution is imminent.

Shytoshi Kusama, the lead developer behind Shiba Inu, recently confirmed that the highly-anticipated mainnet launch may coincide with the Blockchain Futuristic Conference in August.

As the crypto community eagerly awaits this milestone, Shibarium has positioned itself as a frontrunner in the exciting future of Shiba Inu.


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Adedoyin Aka
Adedoyin Aka
Adedoyin is a graduate of Law and a Crypto & Blockchain expert who strongly believes that Blockchain is the future. At TimesTabloid, she focuses on crypto and blockchain educational content.
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