Shibarium Is LIVE & Sees Surge in Contract Deployments: A Fun Weekend Ahead for Shiba Inu’s Layer-2 Network
Shibarium, the much-anticipated layer-2 network for Shiba Inu (SHIB), is now live, and the pace of new tokens being launched on it is nothing short of breathtaking. The crypto community is abuzz with anticipation, expecting a thrilling weekend ahead as developers and investors explore the new opportunities on the platform.
Several decentralized exchanges (DEXes) have already emerged as key trading hubs for these new tokens. Examples include:
Twitter user cheatcoiner.eth @cheatcoiner has been actively updating followers on the chain status and sharing essential resources, including a Chain status link and a New tokens/pairs bot.
The launch of Shibarium has not been without its challenges. Here’s a brief overview of the journey so far:
- Delayed Launch: Initially expected in May, the launch was postponed multiple times, finally taking place between August 15-16.
- Botched Launch: Despite the official launch on August 16, Shibarium faced technical difficulties, pausing block production on August 17 due to Ethereum (ETH) transaction issues.
- Clarification and Restart: The Shiba Inu team has been actively working to clarify the situation and dismiss recent claims as fear, uncertainty, and doubt (FUD). They are monitoring validator data and transactions to work towards a restart of the Shibarium network.
- Layer-2 Network: Shibarium serves as a layer-2 solution on the Ethereum blockchain, aiming to provide efficient transactions and unique governance for the Shiba Inu ecosystem.
The situation surrounding the Shibarium launch is dynamic, and it’s essential to refer to official sources and announcements from the Shiba Inu team for the latest updates.
With the recent surge in contract deployments, the Shiba Inu community is eagerly looking forward to what promises to be an exciting weekend on Shibarium. Whether you’re a developer, investor, or enthusiast, keep an eye on the official channels for real-time updates and join the fun!
