2023-06-29 14:31:58
Shibarium, the long-awaited second layer solution for the Shiba Inu, has been around for quite some time now. Many expected that the solution might start sometime in the second or third quarter of 2023, it seems that this will not happen and there is no information regarding a closer date. However, Shiba Inu lead developer Shytoshi Kusama recently posted a video on Twitter that fueled the community’s optimism. There is still no news regarding the launch of Shibarum. Kusama wrote in her tweet that when is still a question, but it is no longer as important as the question of WHERE. The video shows a Shiba Inu logo and a larger, possibly American, city. And according to the message of the video, the team will go somewhere. So it looks like the Shiba Inu developers will get together somewhere for a big event. But we didn’t know much regarding Shibarium, and it’s possible that the tweet has nothing to do with it. In any case, since the Shibarium is the biggest issue around the Shiba Inu right now, it is quite likely that this is what the message is regarding. The members in the tweet also hint at something like this, since following #SHIBARMY there is also #SHIBARIUM in second place. Since quite a few additional members have been mentioned, it is likely that the entire Shiba Inu community will meet somewhere. However, this is also just speculation, so it is understandable that the uncertainty surrounding Shibarium also affects the value of the token. In recent weeks, the weakness of SHIB was clearly visible, the clear reason for which is the slippage of the second layer solution. Recently, for example, the price of the token has fallen to such a low level that it was last seen in September 2021. And although SHIB has had an upward trend several times, the price level has entered a downward trend channel since February. And Kusama’s current video didn’t have much of an impact on that either. The price is still hovering around 0.0000072, but in the upper tract of the price channel. The resistance level that should be broken now is at $0.000008.
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