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 <h2 id="strong-shibarium-mainnet-is-now-ready-for-use-strong"><strong>Shibarium Mainnet is Now Ready for Use</strong></h2> 
 <p><span style="font-weight: 400">Shiba Inu has actually made history as the first memecoin with a highly diversified pivot from being a mere fun token with the emergence of Shibarium. Drawing on the massive anticipation from the community, the Shibarium launch has been tagged by some stakeholders as a wait that is worth the while.</span></p>  
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
  <p lang="en" dir="ltr">Buckle up #SHIBARMY 🛸 <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> is officially live and ready to explore: https://t.co/56VsqOa2jt</p> 
  <p>— Shib (@Shibtoken) August 16, 2023</p> 
 </blockquote> 
 <p></p>  
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 </div> 
 <p><span style="font-weight: 400">The Shibarium mainnet launch follows from the core schedule from the lead developer Shytoshi Kusama who confirmed weeks ago that the Ethereum-based Layer-2 scaling solution will be launched at the ongoing Blockchain Futurist Conference in Canada.</span></p> 
 <blockquote> 
  <p><span style="font-weight: 400">“The Shibarium mainnet is now ready to on-board millions who are interested in shaping a new future that honors the principles of decentralization,” developers said in a statement.</span></p> 
 </blockquote> 
 <p><span style="font-weight: 400">The journey toward the launch of Shibarium was a very long one that was preceded by the emergence of PuppyNet, the </span><span style="font-weight: 400">L2’s testnet</span><span style="font-weight: 400">. PuppyNet served its purpose and showcased how well it can support the troves of Decentralized Applications (DApps) and user count that contributed to its design.</span></p>  
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 <p><span style="font-weight: 400">Several </span><span style="font-weight: 400">milestones</span><span style="font-weight: 400"> in usage were recorded by the Shibarium Testnet of which feedback obtained was used to perfect the final product that has finally been opened to the public today. The motivation behind the Shibarium protocol has been largely hinged on community and decentralization, two key considerations that Kusama said, in his keynote speech at the Conference, are a major prerequisite to building the “Everything App” most developers are building.</span></p> 
 <p><span style="font-weight: 400">Shiba Inu and by extension, <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> embodies these tenets, signifying the protocols to take on major competitors in the space.</span></p> 
 <h2 id="strong-the-shib-price-reaction-strong"><strong>The SHIB Price Reaction</strong></h2> 
 <p><span style="font-weight: 400">Against the general expectation and projections from pundits, the launch of <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> on the <a rel="noopener noreferrer nofollow" title="mainnet" href="https://thebittimes.com/tag/mainnet.html">mainnet</a> is not fueling a corresponding bullish rally in the price of <a rel="noopener noreferrer nofollow" title="Shiba Inu (SHIB)" href="https://thebittimes.com/tag/shiba-inu-shib.html">Shiba Inu (SHIB)</a>. The memecoin is still changing hands at a price of $0.00000931 with a </span><span style="font-weight: 400">sustained 7.18% valuation dip</span><span style="font-weight: 400"> at the time of writing.</span></p> 
 <p><span style="font-weight: 400">As a volatile memecoin, the token may just be warming up to the positive news and the outlook may change in a short while as Asian markets awake.</span></p> 
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Shiba Inu's Shibarium scaling solution goes live on mainnet

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