Shiba Inu: These massive crypto giants will use Shibarium – Will it drive SHIB price rise to $0.01?

  • Shiba Inu influencer noted that projects like Falcon 9 (F9) and Metabet (MBET) will leverage Shibarium upon launch.
  • As per some market players, the Shibarium launch shall happen by the mid of February next month.

The developers at Shiba Inu have been actively working on the launch of the Layer-2 scalability platform Shibarium. As the launch of Shibarium edges closer, the team behind Shiba Inu continues to share its expectations.

In his recent tweet Shiba Inu influencer “Nasty Shib” shared a screenshot of Shytoshi Kusama’s expectations hinting at the potential utility of the Shibarium network. Shiba Inu lead developer Shytoshi Kusama stated that the upcoming Layer-2 blockchain Shibarium would be useful to cryptocurrency projects such as Falcon 9 (F9) and Metabet (MBET).

Falcon 9 is an Ethereum-based crypto community project whose native F9 token is tradeable on the decentralized exchange Uniswap as well as Shiba Inu’s decentralized exchange ShibaSwap. METABET, on the other hand, is a play-to-earn/Gamefi casino ecosystem that can trade only on Shiba Inu’s decentralized exchange.

In the screenshot shared, Shytoshi Kusama wrote: “I’m so excited to see projects like F9, Ufo, MBet, VXL, and other tokens utilize Shibarium and our other platforms. That’s the point, right?!”

These latest comments from Shytoshi Kusama add fuel to the ongoing hype regarding the launch of the Layer-2 blockchain Shibarium. Earlier this month, Kusama compared Shibarium to a “pine tree” that requires water, sunlight, and good soil to grow.

Besides, the lead developer added that Shibarium would survive and thrive even during the harshest of winters. The Layer-2 Shibarium network would usher fast, low-cost, and secure transactions. Additionally, Shiba Inu is also building Shibarium to serve diverse crypto sectors such as the Metaverse and gaming. All these exciting features of Shibarium are making the crypto community even more excited for the upcoming launch.

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Expecting Shibarium to launch in February

Talks around the launch of Layer-2 blockchain Shibarium have been going on for a few weeks. Some popular people in the crypto space believe that the launch of Shibarium shall happen by the mid of February tentatively on February 14. However,’ there’s no official confirmation yet from the Shiba Inu developers.

While the excitement around Shibarium builds up, other players in the crypto community are preparing themselves for it. Popular crypto influencer SHIB Knight noted that the Shiba Inu team is supposedly working on a Shibarium bridge that would allow users to assets between Ethereum and Shibarium. If so, this development will bring great utility to the Shibaarium blockchain. On the other hand, crypto hardware wallet maker Ledger has already confirmed supporting the Shibarium protocol upon launch.

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About Author

Bhushan is a FinTech enthusiast and holds a good flair for understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In his free time, he reads thriller fictions novels and sometimes explores his culinary skills.

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