Join Shibarium portal launched by ShibainuCoin $SHIB: Comprehensive guide shibainucoin Shibarium SHIB w/ ShibariumNet
The coin had almost been forgotten, but in August 2020, TikTok bloggers decided to pump the price of DOGE. Six months later, the token attracted the interest of Tesla"techno king" Elon Musk. Through his provocative tweets, he triggered the"meme coin" narrative: Dogecoin spiked by 1,000% in 24 hours.
Despite having meme coin status, Shiba Inu developers and its community maintain a"serious" ecosystem with a native DeFi protocol ShibaSwap and NFT and metaverse projects. Liquidity providers in the Shiba Inu ecosystem can get rewards for staking its three native coins, SHIB, BONE and LEASH . Also, the team released a governance module and inches ever closer to the beta testnet of Shibarium, a Layer 2 network designed to optimize operations in the Shiba Inu ecosystem.
In his introduction blog post, Shytoshi Kusama hinted at the integration of Shibarium into Shiba Inu metaverse developments and Shiba Eternity game.For sure, the release of Shibarium will be a watershed milestone for all tokens of the Shiba Inu ecosystem. For SHIB, it will mean yet another huge catalyst of massive adoption. As Shibarium employs Bone Shibaswap as a gas fee token, the launch of the L2 platform will be a major accomplishment for its tokenomics.
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