Shiba Inu Shibarium Network Officially Launches

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Posted Oct 18, 2024

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Adorable purebred Shiba Inu dog sitting near sakura branches with small flowers in garden against blurred background on summer day
Credit: pexels.com, Adorable purebred Shiba Inu dog sitting near sakura branches with small flowers in garden against blurred background on summer day

The wait is finally over for Shiba Inu enthusiasts! Shiba Inu Shibarium Network has officially launched, marking a significant milestone for the Shiba Inu community.

This new network is built on the Solana blockchain, allowing for faster and more efficient transactions.

The Shibarium Network is designed to be a decentralized, community-driven platform that enables users to create and manage their own decentralized applications (dApps).

With Shibarium, users can expect improved scalability and reduced transaction fees, making it a more attractive option for those looking to build on the Shiba Inu ecosystem.

Shiba Inu Update Released

Shytoshi Kusama, the pseudonymous co-founder of Shiba Inu, has released a blog post to introduce Shibarium, the new L2 blockchain.

Shytoshi highlights the importance of the ShibArmy's unification in Shibarium's success, emphasizing that it's the key to the project's success.

Shiba Inu's price has seen a nearly 7% spike in the last 24 hours, a promising sign for the community.

See what others are reading: Shiba Inu Coin Shibarium Release Date

Credit: youtube.com, SHIBA INU WILL GO SKYROCKET IN 24 HOURS!! SHIBARIUM RELEASE DATE IS JUST ANNOUNCED!! - SHIBA INU

Shytoshi has outlined four basal values that will guide the development of Shibarium: Burn, Protect, Help, and Grow.

These values are designed to expand the Shiba ecosystem and bolster decentralization, ensuring that the community is at the forefront of the project.

The community is encouraged to burn SHIB on every Shibarium project, promoting a healthy and sustainable ecosystem.

Shytoshi also emphasizes the importance of "Do Our Own Research (D.O.O.R)" to mitigate scams and FUDs, and to promote a culture of transparency and accountability.

The community is also encouraged to prioritize donations in expanding the network, and to consider wiring a part of their profits to the SHIB's Doggy DAO Foundation.

On a similar theme: Shiba Inu Shibarium News

Frequently Asked Questions

Will Shibarium make SHIB go up?

Yes, Shibarium is expected to increase the burn rate of SHIB tokens, potentially driving up the price. This is already reflected in the recent 8.8% price jump, but the full impact is yet to be seen.

Eileen Kessler

Junior Writer

Eileen Kessler is a rising star in the world of pet-focused writing. With a passion for canine companions, she has established herself as a go-to authority on all things dog-related. Her writing career has taken off, with a portfolio that showcases her expertise in crafting engaging and informative content.

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