Shiba Inu Dev Hints 2023 Release For Layer 2 Shiberium

The Shiba Inu community is excited about the new year, anticipating the release of Layer 2 Shiberium and possible new payment integrations. However, the coin price has declined by more than 75% this year.

2023 is just around the corner, and the Shiba Inu community is excited for the new year. There is growing excitement about the various developments within the project, but Shiv Tokens Are Facing The Outbreak Of 2022 crypto winter,

The coin is down more than 90% from its all-time high made in October 2021. Will it be able to meet the high expectations of the community in 2023?

Read our Shiba Inu Price Forecast for January here,

SHIB/USD Chart by TradingView
source: trading viewSHIB/USD, Coinbase

Shiba Inu developer hints at Shiberium release in 2023

Lead developer Shitoshi Kusama took to Twitter and informed the community that Shiberium will be coming very soon but not during the New Years party. He further mentions that next year is ‘crucial for humanity’, possibly hinting at a 2023 release for Shiberium.

shiberium is a layer 2 scaling solution Being developed by the Shiba Inu team.

many community members claim Say that Shiberium is ready now but the development team is waiting for the right time to deploy. Others believe it will take longer because the anonymous Shiotoshi is a ‘classic’. relaxer,

an unverified screenshot A discord message from Shiotoshi has been floating around since January 2022 where he claims he will reveal his true identity by the end of the year. But this is yet to happen.

Will the business accept payment at SHIB?

The popularity of the Shiba Inu has attracted various businesses to accept payments through Memecoin. Companies like GameStop and Nordstorm accept payments through Flexa at SHIB, while Twitch allows users to support their favorite streamers with Memecoin. pay now, a crypto payment Gateway, pushing for popular subscription services Like Netflix and Spotify to accept payment in Shiba Inu.

But all of this comes with challenges for businesses amid regulatory uncertainty and a high concentration of Shiba Inu tokens in whale wallets. About 70% of the SHIB supply is controlled by whales which has the potential to further damage the price if sold in large quantities.

Shiba Inu Supply Concentration Chart by IntoTheBlock
source: intoblock

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disclaimer

BeInCrypto has reached out to the company or the person involved in the story for an official statement regarding the recent development, but has yet to hear back.


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