Shiba Inu's Shibarium: Summer Heatwave or Just Hot Air?
Market Musing-g

Shiba Inu's Shibarium: Summer Heatwave or Just Hot Air?

2m
1 year ago

As the 'Summer of Shibarium' hype builds, the Shiba Inu team continues to fuel excitement around the Shibarium project without unveiling a definite launch date

Shiba Inu's Shibarium: Summer Heatwave or Just Hot Air?

Daftar Isi

Cover image via U.Today
As anticipation surrounding Shiba Inu's Shibarium intensifies, the project's team has stoked the "Summer of Shibarium" hype, despite maintaining ambiguity over its precise launch date.

However, without a confirmed launch date, it's unclear whether this excitement will translate into successful adoption and usage of Shibarium.

As reported by U.Today, Shibarium's Beta Bridge, a new cross-chain solution, was released for public testing.

Lucie, a notable influencer in the Shiba Inu community, announced the development, emphasizing the need for vigilance and authenticity verification when connecting wallets to any website.

The bridge will initially allow users to transfer testnet Ether tokens to Shibarium, with each transaction expected to take no longer than 30 minutes.

Something cooking in the Shiba Inu kitchen 

Lucie's announcement aligns with recent hints from the Shiba Inu team that they're "cooking something."

Lead developer Shytoshi Kusama has hinted that Shibarium is slated to launch next month, although a concrete date remains elusive.

Despite this, the Shiba Inu community remains enthused about the impending release of Shibarium, Shiba Inu's Layer-2 solution.

Earlier this week, Kusama posted on Telegram about "muting the room for focus sake," underlining the team's intense focus on the project.

Tokens such as BONE and SHIB continue to languish at 90% below their 2021 all-time highs, according to CoinGecko data. Whether Shibarium can reverse this trend and restore Shiba Inu's tokens to their former glory remains to be seen.

Regardless, the summer of Shibarium promises to keep the crypto world buzzing with anticipation.

0 people liked this article

Related Articles

Market Musing-g
Franco-German Alliance Probes Worldcoin’s Biometric Data Practices
Delving into Worldcoin's biometric practices, this article explores European concerns led by France and Germany about data collection and storage.
1 year ago
2m
Market Musing-g
Market Updates: Bitcoin’s $30K Uncertainty, Ripple’s $0.8 Ambitions and DigiToads Presale’s $7M T...
The post Market Updates: Bitcoin’s $30K Uncertainty, Ripple’s $0.8 Ambitions and DigiToads Presale’s $7M Target appeared first on Coinpedia Fintech News The constant volatility in the cryptocurrenc...
1 year ago
5m
Market Musing-g
Immutable X (IMX) price rises amid Upbit listing
Immutable X (IMX), a layer-2 scaling solution on Ethereum, has risen by more than 15% after being listed on the South Korean exchange Upbit. Immutable X (IMX) experienced a remarkable price surge, ...
1 year ago
3m
Market Musing-g
Losing 9% Weekly AEVA Stock On Race to Become Top Loser
1 Aeva Technologies Inc. (NYSE: AEVA) stock lost 4.84% of its trading price on July 27. 2 AEVA stock lost approximately 9.23% and 6.35% in the weekly and monthly time frames respectively. Aeva Tech...
1 year ago
3m
Market Musing-g
Acara Web3 Terbesar di Dunia TOKEN2049 Umumkan Pembicara Utama Baru
Acara Web3 dan kripto utama Asia, TOKEN2049, mengumumkan serangkaian sponsor utama dan pembicara utama baru untuk edisi Singapura yang akan datang. Dengan hanya 50 hari tersisa, TOKEN2049 akan berl...
1 year ago
3m
Market Musing-g
MakerDAO Set To Introduce EDSR To Boost DAI Savings Rate To 8%
The MakerDAO community recently passed a governance vote that sought to introduce the Enhanced Dai Savings Rate (EDSR). The EDSR is a mechanism to temporarily boost the rewards for DAI stablecoin h...
1 year ago
2m