{"id":207889,"date":"2021-12-20T15:30:53","date_gmt":"2021-12-20T10:00:53","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=207889"},"modified":"2021-12-20T19:18:48","modified_gmt":"2021-12-20T13:48:48","slug":"shiba-inus-layer-2-solution-shibarium-now-expected-to-be-launched-soon","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/shiba-inus-layer-2-solution-shibarium-now-expected-to-be-launched-soon\/","title":{"rendered":"Shiba Inu&#8217;s Layer 2 solution Shibarium now expected to be launched &#8216;soon&#8217;"},"content":{"rendered":"<p>One of the biggest success stories this year has been the wonder memecoin <a href=\"http:\/\/ambcrypto.com\/tag\/shib\/\">Shiba Inu<\/a>&#8216;s meteoric rise. The crypto, which has gained by over 44,622,335% over the year, has often been touted as a rival to the OG <a href=\"http:\/\/ambcrypto.com\/tag\/doge\/\">Dogecoin<\/a>. Needless to say, in keeping with the theme of dog coins and shitcoins, many consider it to be useless.<\/p>\n<p>In fact, the usual points of argument such as the apparent lack of use cases, development activity, and low public opinion are often thrown at SHIB supporters.<\/p>\n<p>In an effort to counter this negative perception and not become obsolete, the team behind Shiba Inu has been constantly evolving its ecosystem. In fact, ShibaSwap developer Eric M even gave an <a href=\"https:\/\/twitter.com\/Camila_Rocha\/status\/1472452988006322182\">update<\/a> on Shib&#8217;s layer 2 solution Shibarium&#8217;s progress on Discord recently, claiming that it will be launching &#8220;soon.&#8221; He further added,<\/p>\n<blockquote><p>&#8220;Those who trusted the project pre-swap were successful post-swap&#8230; A timeline is not needed when you trust a project. That&#8217;s how Shib has worked until now and will keep being like this.&#8221;<\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We are playing 3D chess ladies and gentleman&#8230; hence new Profile Pic. <a href=\"https:\/\/twitter.com\/hashtag\/shibarmy?src=hash&amp;ref_src=twsrc%5Etfw\">#shibarmy<\/a> <\/p>\n<p>Next up is mapping details on Shibarium, working on a few surprises for us all, locking in our AAA game studio and so much more.<\/p>\n<p>&mdash; Shytoshi Kusama\u2122 (@ShytoshiKusama) <a href=\"https:\/\/twitter.com\/ShytoshiKusama\/status\/1449011555224408077?ref_src=twsrc%5Etfw\">October 15, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Announced in October, Shibarium was <a href=\"https:\/\/allhailtheshiba.medium.com\/i-am-ryoshi-5fe57841f8f1\">first proposed<\/a> by Shiba Inu\u2019s creator, Ryoshi. The blockchain\/layer 2 will be built on top of the <a href=\"http:\/\/ambcrypto.com\/tag\/eth\/\">Ethereum<\/a> network and will host not the high-performing SHIB or LEASH as its native token, but rather BONE so that it can be given a fair and fresh start.<\/p>\n<p>Since Shiba Inu is an ERC-20 token, it is often marred by the congestion problems faced by Ethereum. This could be reduced significantly through a scaling solution like Shibarium. The goal is also to reduce the high transaction fee, bringing it to zero perhaps.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">And this Ole fren is why we are working on <a href=\"https:\/\/twitter.com\/hashtag\/SHIBARIUM?src=hash&amp;ref_src=twsrc%5Etfw\">#SHIBARIUM<\/a>. <a href=\"https:\/\/t.co\/FtxzaXME5Y\">https:\/\/t.co\/FtxzaXME5Y<\/a><\/p>\n<p>&mdash; Shytoshi Kusama\u2122 (@ShytoshiKusama) <a href=\"https:\/\/twitter.com\/ShytoshiKusama\/status\/1448810553208623107?ref_src=twsrc%5Etfw\">October 15, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Scaling is especially important now that the SHIB ecosystem is expanding towards NFTs and blockchain gaming. Shiba Inu&#8217;s NFT collection, known as Shiboshis, was first released in October amidst much fanfare and anticipation. Unsurprisingly, they sold out within 35 minutes of their release, highlighting the exceeding popularity enjoyed by the network.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">35 MINUTES SOLD OUT. <a href=\"https:\/\/twitter.com\/hashtag\/SHIBOSHIS?src=hash&amp;ref_src=twsrc%5Etfw\">#SHIBOSHIS<\/a> <a href=\"https:\/\/t.co\/8MppUet9hE\">pic.twitter.com\/8MppUet9hE<\/a><\/p>\n<p>&mdash; Shytoshi Kusama\u2122 (@ShytoshiKusama) <a href=\"https:\/\/twitter.com\/ShytoshiKusama\/status\/1448773427997945864?ref_src=twsrc%5Etfw\">October 14, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The NFTs will ultimately be required to play Shiba Inu&#8217;s intended metaverse gaming project, Oshiverse, which is expected to be launched on the layer-2 Shibarium chain.<\/p>\n<p>Since launching its own decentralized exchange ShibaSwap earlier this year, the network has been looking for ways to beef up its growing ecosystem. In a previous blog post, Ryoshi had revealed that,<\/p>\n<blockquote><p>&#8220;We are working on so many aspects of Shiba Inu including Shibarium, Shi, Shibanet, The Decentralized Shiboshi Game, Incubator and much more that won\u2019t become evident until the near future.&#8221;<\/p><\/blockquote>\n<p>While giving a boost to its utility, this ecosystem-centric development is aiding SHIB in staying relevant in the current cryptocurrency industry. An industry that has often not been too kind to the memecoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the biggest success stories this year has been the wonder memecoin Shiba Inu&#8216;s meteoric rise. The crypto, which has gained by over 44,622,335% over the year, has often been touted as a rival to the OG Dogecoin. Needless to say, in keeping with the theme of dog coins and shitcoins, many consider it<a href=\"https:\/\/ambcrypto.com\/shiba-inus-layer-2-solution-shibarium-now-expected-to-be-launched-soon\/\">Continue reading <span class=\"sr-only\">&#8220;Shiba Inu&#8217;s Layer 2 solution Shibarium now expected to be launched &#8216;soon&#8217;&#8221;<\/span><\/a><\/p>\n","protected":false},"author":44,"featured_media":207896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[2066],"class_list":["post-207889","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view","tag-layer-2"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Shiba Inu&#039;s Layer 2 solution Shibarium now expected to be launched &#039;soon&#039; - AMBCrypto<\/title>\n<meta name=\"description\" content=\"In an effort to counter this negative perception and not become obsolete, the team behind Shiba Inu has been constantly...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/shiba-inus-layer-2-solution-shibarium-now-expected-to-be-launched-soon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shiba Inu&#039;s Layer 2 solution Shibarium now expected to be launched &#039;soon&#039; - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"One of the biggest success stories this year has been the wonder memecoin Shiba Inu&#039;s meteoric rise. The crypto, which has gained by over 44,622,335% over\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/shiba-inus-layer-2-solution-shibarium-now-expected-to-be-launched-soon\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-20T10:00:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-20T13:48:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/shiba-g8f6d3c40f_1280-e1639988384740.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anjali Jain\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/AnjaliJain97\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anjali Jain\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/shiba-inus-layer-2-solution-shibarium-now-expected-to-be-launched-soon\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/shiba-inus-layer-2-solution-shibarium-now-expected-to-be-launched-soon\\\/\"},\"author\":{\"name\":\"Anjali Jain\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/21c87f0f09bee16fdab29a84b20a4a3b\"},\"headline\":\"Shiba Inu&#8217;s Layer 2 solution Shibarium now expected to be launched &#8216;soon&#8217;\",\"datePublished\":\"2021-12-20T10:00:53+00:00\",\"dateModified\":\"2021-12-20T13:48:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/shiba-inus-layer-2-solution-shibarium-now-expected-to-be-launched-soon\\\/\"},\"wordCount\":515,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/shiba-inus-layer-2-solution-shibarium-now-expected-to-be-launched-soon\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/shiba-g8f6d3c40f_1280-e1639988384740.jpg\",\"keywords\":[\"Layer 2\"],\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/shiba-inus-layer-2-solution-shibarium-now-expected-to-be-launched-soon\\\/#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/shiba-inus-layer-2-solution-shibarium-now-expected-to-be-launched-soon\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/shiba-inus-layer-2-solution-shibarium-now-expected-to-be-launched-soon\\\/\",\"name\":\"Shiba Inu's Layer 2 solution Shibarium now expected to be launched 'soon' - 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