A, introduction
Shibarium blockchain The countdown to the much-anticipated Shibarium blocks Layer 2 solution mainnet launch time has begun! Ryoshi Kusama, the creator of the Shiba Inu meme coin, has announced in his post that the much-anticipated blockchain of Shiba Inu’s Shibarium Layer 2 solution will come to the main net in the coming month of August 2023.
Blockchain futurist conference. :
The Blockchain Futurist Conference will be held in Toronto on August 2023. At the same conference, the Shiba Inu blockchain Shibarium will be unveiled for use by all developers in the mainnet for creating projects.
Test Net of Shibarium Blockchain layer 2 solutional known as Puppy Net was live March 11, 2023, Which people liked very much. After the huge success of PuppyNet, more than 20 million transactions were done successfully. The developer team worked very hard, and finally, the time has come. When next month in August 2023 the Shibarium blockchain layer 2 solution will be live for the public and developers.
B, What is Shiba Inu?
Japanese dog breeds Shiba Inu (SHIB) is a meme token built on the Ethereum ERC 20 blockchain and named after billionaire Elon Musk’s favorite Shiba Inu dog breed. And Elon Musk’s cute meme token has been created as an alternative to Dogecoin (DOGE). Ethereum and bitcoin have a very low supply while Shiba Inu Token has a very high supply. The total supply of this token is 1 quadrillion. The token was created as a joke, but the group that created it took it a long way beyond the meme token by creating NFTs, Shiba Swap decentralized exchanges, Shiba the Metaverse, Web 3, play to earn game, and the Shiba Inu blockchain as a stablecoin. Its usefulness has been increased by installation. Shiba Inu
Cryptocurrencies are of great importance in the world of transactions.
C, What is the achievement of Shiba inu?
Ryoshi Kusama an anonymous person created this meme token in 2020. 1 quadrillion abundantly created on the Ethereum blockchain ERC 20 Time after time the creation group worked hard to popularize it and built the decentralized exchange Shiba Swap, which has proved to be a millstone for the Shiba Inu. And NFT, Play to Earn. the game has been created. Shiba Inu has achieved 15000000% growth. And this token has joined the Metaverse crypto family. This token has a very good burn mechanism with the total supply decreasing daily. A total of 1 quadrillion Shiba Inu meme tokens were supplied. Out of that, 50% of the tokens were sent to the wallet of Ethereum co-founder Vitalik Butarin. every day some amount of transaction is sent to a dead wallet.
Shiba Army: Shiba Inu’s loving community is very large, which adds to its popularity.
D, The act of Shibarium blockchain
Shibarium is a blockchain layer 2 solution, it is a transparent network in which developers can create applications, and tokens, and use them. All transactions and activities on this network are open and can be transacted and compared to other blockchains. Its gas fee is very negligible in it, its transaction speed is fast. Its low fee and the speed of its speed are very much liked by the developer and the user. Because of this, the testnet called Puppy Net has completed more than 40 million transactions in such a short time (March 11, 2023).
E, Current Shiba Inu Price:
Shiba Inu is priced at $0.00007623 at the time of writing and is a 4.23% improvement at $4.498 million according to market cap data.
Q1 What is a puppy net?
Answer: PuppyNet is the tenet of the Shiberium Block Chain Layer 2 solution. The Shiberium blockchain is used to test how it is working and is in the process of making appropriate improvements.
Q2, what is a Shibarium blockchain
Answer: Shibarium is the blockchain layer 2 solution. Developers and users can create and operate applications and tokens in the Shibarium blockchain. The gas fee of this blockchain is very low and the speed is fast. And it is open to all.
Q3, When will Shiba Inu’sblockchain Shiberium go live on the main net?
Answer: Ryoshi Kusama has announced the date when the Shiberium blockchain mainnet will go live in her blog post. Tiberium will go live in the blockchain mainnet on August 2023.
Q4, Will Shiba Inu tokens increase in value when Shibarium goes live?
Answer: Yes, Shiba Inu Token will increase in value as Shiberium transaction activity is much cheaper and faster to be adopted by developers and users.
Q5, Will a Shiba Inu cost 1 cent?
Answer: Yes Shiba Inu can be worth 1 cent when people create developer application tokens in large quantities on the Shiberium blockchain and Shiberium’s burn mechanism will reduce the supply of Shiba Inu.
Disclaimer:
The crypto market is highly volatile in which investors can lose their principal. So whenever you invest, Do your research and get good information. Or take the advice of a professional. Invest only then, otherwise, the principal money may be damaged. We will not be responsible for any loss of money.
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