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You are here: Home / Cryptocurrency News / Shiba Inu’s Shibarium Network: The Catalyst for SHIB, BONE, and LEASH Growth

Shiba Inu’s Shibarium Network: The Catalyst for SHIB, BONE, and LEASH Growth

By Aditya | Edited By Saeed Ul Hassan,September 9, 2023, 8:05 AM

Shiba Inu

Shiba Inu’s Discord administrator, known as “Da Vinci,” likened Shibarium to a powerful catalyst for the cryptocurrency, emphasizing that SHIB, BONE, and LEASH would experience significant advantages through this Layer 2 blockchain solution. In a recent message addressed to SHIB enthusiasts, Da Vinci affectionately referred to Shibarium as the “secret sauce” of the cryptocurrency, urging the community to view the L2 blockchain as a high-performance “turbo booster” that will expedite Shiba Inu’s journey and deliver substantial benefits to SHIB, BONE, and LEASH.

Da Vinci elaborated, stating, “Shibarium is our secret sauce! Imagine it as the engine propelling our cryptocurrency journey forward. All three tokens—BONE, SHIB, and LEASH—will reap the rewards.” Da Vinci also urged patience among cryptocurrency enthusiasts regarding current market developments, noting that building something substantial takes time, as the famous saying goes, “Rome wasn’t built in a day.” Furthermore, Da Vinci emphasized that Shiba Inu has a robust foundation and mentioned that the team is actively working on exciting developments.

#Shibarium is LIVE and rocking and rolling!

We've had to deal with a bunch of stuff, not just those Twitter trolls ( shadow cats) trying to make you sell your assets for their not-so-great shitcoins. There are even some professional fudders from other communities spreading… pic.twitter.com/vLiC0eDiw6

— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼‍♀️ (@LucieSHIB) September 6, 2023

He concluded his message with words of encouragement, saying, “So, hang in there. Maintain your patience and keep your faith alive. Our journey is just beginning, and the best is yet to come.” It’s worth noting that a screenshot of Da Vinci’s heartfelt message was shared on the X platform by Shiba Inu’s marketing specialist, Lucie.

Warm Regards to the Shiba Inu Community

In her tweet, Lucie announced the successful launch of Shibarium and emphasized how the project’s team effectively addressed concerns and doubts (commonly referred to as FUDs) that were directed at Shibarium during its initial release. She pointed out that the motivation behind these doubts was an attempt to persuade investors to exchange their Shiba Inu tokens for other cryptocurrencies that were less reputable.

Lucie also expressed her heartfelt thanks to both the Shiba Inu developers and the dedicated members of the community for their unwavering support. Meanwhile, Shibarium has been operating smoothly since its public relaunch. It’s worth recalling that the L2 network encountered technical issues shortly after its initial launch on August 16, primarily due to a surge in user activity.

Thanks to the collaborative efforts of Shiba Inu and Polygon developers, Shibarium successfully underwent a public relaunch on August 28. Since then, the L2 network has demonstrated impressive progress, with a total of 1.38 million transactions and nearly 1.12 million wallets created.

Despite Shibarium’s remarkable performance, it’s noteworthy that this success hasn’t yet translated into substantial price increases for SHIB, BONE, and LEASH tokens. Many had anticipated a significant surge in the prices of these tokens following the mainnet launch of Shibarium. However, this hasn’t materialized, largely due to the prevailing bearish trend in the cryptocurrency market. As of the time of the tweet, SHIB was trading at $0.000007635, showing a modest 0.29% increase over the past 24 hours, while BONE had experienced a 4% decline to $0.9515. On the other hand, LEASH had fallen by 1% over the past day and was trading at $347.

Filed Under: Cryptocurrency News, Altcoin News

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