Cryptocurrency sector’s one of the most exciting communities, Shiba Inu (SHIB), is in the headlines with new updates. In fact, SHIB-focused news keeps on coming, yet they have not made the expected impact on the price. The SHIB team seems quite determined to create this impact. Famous developer and one of the leaders of the SHIB team, Shytoshi Kusama, made a new announcement about the issue.
New Announcement for SHIB
Project leader Kusama, in a statement he made on Telegram, personally emphasized that more development is on the way. When looking at the post made in the Telegram group, it is seen that Kusama used the expression “much more is coming”. The fact that this comes after the recently shared ShibaSwap update brings the possibility that the new development will be even bigger and more impactful.
The Shiba Inu crypto ecosystem, backed by SHIB Coin, has garnered significant support in recent periods, and it seems like efforts are underway for this to continue. August is being discussed for the project’s Layer 2 blockchain network, Shibarium, and many users are focused on August.
Shibarium on the Way for SHIB Coin
Shibarium is a long-anticipated development and is expected to bring a definite change for SHIB. In addition to SHIB Coin, it is known that Shibarium is incredibly important for other cryptocurrencies in the ecosystem, such as BONE, LEASH, WOOF, and PAW. Kusama had previously emphasized that they couldn’t wait any longer for Shibarium. The new “much more is coming” statement after the announcement made at the end of June seems to add excitement to the excitement.
With the Layer 2 network solution, it is known that Shiba Inu will have its own network. This situation can lead to revolutionary changes in both transaction fees and SHIB burning rates. The Layer 2 network trend is one of the most talked-about trends of the recent period, and in this context, it certainly adds to the excitement of SHIB investors. The SHIB Coin price has not moved much recently, and it is clear that a major catalyst is needed for this.
