As we start a new year, there are good news for the new year in the crypto money market. The lead developer of the popular meme coin Shiba Inu (SHIB) said that Shibarium has entered the final stages.
SHIB developer: Coming soon!
Shiba Inu lead developer Shytoshi Kusama announced on Twitter that the highly anticipated Shibarium has entered its final stages. Kusama also states in his post that the SHIB development team and Unification have finalized the creation of the protocol.
cryptocoin.com As you follow, the long-awaited Shibarium Layer-2 update has been on the agenda for a while. It seems that the Shiba Inu ecosystem is very close to fruiting the Shibarium. In this direction, Kusama excited the community by stating that the development is coming. Lead Shiba Inu developer, “Soon. Very soon,” he said.
Is Shibarium coming in early 2023?
In the tweet, Shystoshi Kusama shared the news of a recent meeting between the SHIB development team and Unification. The meeting that followed signaled that the Shibarium update had entered its final stages. Although Shytoshi reiterated that the update will come ‘soon’, similar statements were also present in his previous statements. earlier this week cryptocoin.comAs a result, we’ve reported that the Shiba Inu community has posted Discord messages stating that Kusama has put ‘a nice bow on it’, potentially referring to Shibarium.
Additionally, another major SHIB developer, Trophias, delivered a similar message in the same report. Shiba Inu announced on their website that they will be running ‘docs, then beta’ after the upgrades. Conversely, talk of Shibarium’s beta release in 2023 fills the entire community with optimism.
SHIB price performance
Meanwhile, the second largest meme coin in the market is up over 3% after Shibarium speculation. Accordingly, it has become one of the top 10 most purchased cryptocurrencies by major Ethereum wallet holders. At press time, SHIB is changing hands at $0.000008121, up 1.43% on a daily basis.
Undoubtedly, 2022 has been a year of decline across the industry. During this period, the Shiba Inu fell more than 90% from its all-time high of $0.00008845 reached in October last year. However, according to experts, for the token, the launch of the layer 2 protocol will help its price a lot. It was also very important for SHIB that 83 billion SHIB tokens went to burn wallets this year. With development and incineration activities, it is possible to lead to an increase in price. However, what the cryptocurrency market will face in 2023 will also be decisive for the Shiba Inu.