Shytoshi Kusama, the lead developer at Shiba Inu, recently announced that Shibarium, an L2 scaling solution from the Shiba Inu blockchain, is live and operating well. The announcement follows a series of trials and fine-tuning, and marks a major milestone for the Shiba Inu project.Shibarium has already boasted over 65k wallets and processed 350 transactions. It has hosted a number of fun, unusual, and sometimes even offensive tokens, providing several platforms. Kusama hailed Shiba Inu’s decision to fork Polygon and bring the new Shibarium project to a thriving fruition.Kusama also mentioned a withdrawal process for a couple of tokens, highlighting that the process takes different durations ranging from 45 minutes to 3 hours to 7 days, specifically for the BONE token. Despite the highly anticipated launch suffering from major technical difficulties earlier in the month, leading to a SHIB price plummeting, Kusama urged the community to stay focused on long-term goals over short-term market fluctuations.The positive news about the launch of the L2 didn’t really affect Shiba Inu’s primary native token. SHIB is down by more than 2% over the past 24 hours and sits below $0.000008.

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Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	7
People	Ryoshi, Shytoshi Kusama
Companies	Polygon, PrimeXBT, Binance, Shiba Inu
Currencies	shib, bone, ethereum., shiba inu, polygon, bitcoin
Securities