shiba inu LUCIE from the development team recently posted some encouraging news on Twitter. shared. He emphasized that the future of Shibarium is still bright and the ideal time for its launch would be when the market starts to stabilize again.
According to LUCIE, the Shiba Inu ecosystem, represented by Shiba Inu (SHIB), Bone ShibaSwap (BONE), and Doge Killer (LEASH), is ready to withstand the current market turmoil. These cryptoassets are symbolic of people’s struggle for financial freedom.
Another day, another battle.
Crypto will win because it represents the people. It’s a battle against corruption, manipulation and it’s fight for financial freedom.
Not every coin will survive this battle ( be careful what you choose, but the Shiba Ecosystem will not only⦠pic.twitter.com/zdB7Z3Ji0N
β πππππ (@LucieSHIB) June 10, 2023
during the weekend cryptocurrency There was a recession in the market. SHIB is down 1.05% in the last 24 hours and 21.99% in the last seven days.
However, LUCIE believes that the launch of Shibarium will change the rules of the game. The introduction of Shibarium aims to address scalability and usage issues in the Shiba Inu ecosystem.
Why Is Shibarium Getting Widespread?
shibariumhas received a lot of attention for its potential to solve the high gas fees and scalability issues associated with the Ethereum (ETH) network. It aims to improve the Shiba Inu ecosystem by alleviating these trouble spots.
The network is also possible to attract investors and projects to the Shiba Inu ecosystem, thereby increasing utility. Shibarium will further increase SHIB burns by burning up to 70% of the base fees collected from each transaction.
Meanwhile, speculation about Shibarium’s exact release date continues to circulate. Shibarium1, a member of the Shibarium development team, stated that the launch is expected to take place in August.
βIt is closer than you expect and we are accelerating its release due to positive improvements in testing and other factors,β he said.
Lucie also addressed the burning question regarding the specific launch date, announcing that the Shibarium mainnet is scheduled to go live between the second and third quarters of this year. However, she confirmed that it wasn’t definitive.
Source : The Crypto Basic