Shiba Inu (SHIB) Community Speculating About Shibarium Release Date

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Alex Dovb­nya

Will the much-antic­i­pat­ed layer‑2 solu­tion be launched on Feb. 14? 

Shi­ba Inu lead devel­op­er Shy­toshi Kusama recent­ly pro­vid­ed a cryp­tic update on the upcom­ing launch of Shibar­i­um, the high­ly-antic­i­pat­ed layer‑2 network. 

In his Twit­ter sta­tus mes­sage, Kusama wrote that he is “tend­ing the Pine Tree of Life. Quick­ly learn­ing to play the flute before putting Shibar­i­um in a heart-shaped box with a bow.”

This state­ment has sparked spec­u­la­tion among the Shi­ba Inu com­mu­ni­ty that the launch of Shibar­i­um could be tak­ing place on Feb. 14, Valen­tine’s Day, due to the men­tion of a “heart-shaped box.”

While Kusama did not con­firm or deny the rumors, the com­mu­ni­ty is eager­ly await­ing fur­ther updates from the devel­op­ment team.

As report­ed by U.Today, Shi­ba Inu devel­op­ers recent­ly offered a first look at Shibar­i­um. It is a lay­er 2 net­work that aims to solve the issues of scal­a­bil­i­ty, speed, and expense in the Ethereum blockchain. The net­work’s gas fees are expect­ed to be low­er than the cur­rent fees on the Ethereum mainnet.

The project is expect­ed to focus on meta­verse and gam­ing appli­ca­tions and will be a cheap set­tle­ment for decen­tral­ized appli­ca­tions. The launch of Shibar­i­um could con­tribute to the growth of the Shi­ba Inu ecosys­tem, which cur­rent­ly has three tokens with a com­bined mar­ket cap­i­tal­iza­tion of over $5 billion.

The val­ida­tors on Shibar­i­um will be lim­it­ed to 100 slots and will be required to stake a min­i­mum of 10,000 BONE tokens. A TREAT token will also be launched to incen­tivize liq­uid­i­ty pools on the ShibaSwap decen­tral­ized exchange. 

As the launch date draws near, the Shi­ba Inu com­mu­ni­ty is eager­ly await­ing fur­ther updates from the devel­op­ment team.

The spec­u­la­tion about the launch date being on Valen­tine’s Day has added an extra lay­er of excite­ment to the launch, and the com­mu­ni­ty is look­ing for­ward to see­ing what Kusama and his team have in store for Shibarium.



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