- Next steps in the Shibarium mainnet phased launch revealed.
- Shibarium Tech moderators are running a scam alert page.
- SHIB continues trading in consolidation with neutral signals.
The popular dog-themed crypto Shiba Inu (SHIB) is making moves before Shibarium’s L1 mainnet launch. The new blockchain in development is set to solve a couple of issues for the two-year-old memecoin.
Firstly, the Layer-1 scaling solution for SHIB would significantly reduce the transaction fees and processing time. While the scaling solution is in test mode, the average block time of five seconds suggests that transactions would be reasonably faster.
Secondly, Shibarium could provide more utility for the canine token, as it’s currently based on an ERC-20 protocol. Shiba Inu’s metaverse, the blockchain version of the Shiba Eternity game, community dApps built on top of Shibarium, and the highly-anticipated Shiba Inu…
