SHIB Lead Dev Kusama Announces Big New Shibarium Achievement

The pseudonymous Shiba Inu co-creator known under the alias Shytoshi Kusama has mentioned the recent peak in transactions seen on Puppynet, the Shibarium testnet launched on March 11, commenting positively on it.

Timeline of Kusama, Shiba-inu

Shiba Inu (SHIB), the second-largest memecoin by market capitalization is experiencing a mixed price action as bears go on a subtle rampage. Shiba Inu Mixed Performance Growth Metrics At the time of writing, Shiba Inu is changing hands at a price of $0.000007802, down by 0.71% over the past 24 hours.

Shibarium, a Layer 2 blockchain by the Shiba Inu project, aims to enhance scalability and reduce transaction fees. Its development is community-driven, fostering innovation and collaboration.

Shiba Inu (SHIB) has emerged as a force to be reckoned with in the digital asset landscape despite the lack of significant bullish momentum in the past few weeks. However, recent events have catapulted this canine-inspired cryptocurrency into the spotlight, as an astonishing 3 trillion SHIB tokens were accumulated by investors.

After watching the SHIB price stagnate around the $0.000008 range, Shiba Inu whales started making moves behind the scenes. Will the SHIB price speculation tilt the momentum in favor of the bulls?

Blockchain infrastructure provider NOWNodes has released its final updates prior to its much-anticipated mainnet launch of the Shibarium layer-2 solution, suggesting that the launch is "closer than you think," according to a tweet from key partner NOWNodes.

Earlier today, “LucieSHIB,” a well-known influencer in the Shiba Inu community and a marketing specialist working for the Shiba Inu (SHIB) team, offered an explanation for the current stagnation in the price of Shiba Inu's native token, SHIB.

Per IntoTheBlock data, Shiba Inu billionaire addresses, which refer to those that own 100 billion to 1 trillion SHIB, were found to have increased their holdings the most over the past 30 days.

Singapore's trailblazing crypto on and off-ramp solutions provider, Alchemy Pay, is all set to revolutionize the European crypto landscape with its latest strategic move. Seeking to enhance user experiences and drive the widespread adoption of cryptocurrencies, Alchemy Pay has successfully integrated a series of European local payment channels, including Belgium's Bancontact, the Netherlands' iDEAL, and globally accessible options like Skrill and Neteller, facilitating seamless crypto transactions via the euro.

The marketing expert on the Shiba Inu team has taken to Twitter to explain why the SHIB price is not going "to the moon" at the moment; @LucieSHIB stated that this question is now often being asked by SHIB holders, who are pestering the developer team to "do something" about this inert price performance.

The head of the Shiba Inu developer team known in the crypto community as Shytoshi Kusama has tweeted an important warning to the SHIB army, urging them not to fall for scammers that may pretend to be producers of cryptocurrency wallets.