Shiba Inu (SHIB) Community Wishes For Shibarium To Launch On Thanksgiving Day

The SHIB Army asks the Chef SHIB to cook up Shibarium instead of a turkey for Thanksgiving.

Shiba Inu with cooked chiken on head and SHIB logo on a silver plate with corn cobs and mayo sauce on the side

As many get ready to celebrate Thanksgiving Day, the SHIB Army definitely has a lot to be thankful for. This year the popular memecoin Shiba Inu (SHIB) celebrated its second anniversary, as the developers came through with a couple of crucial upgrades. For instance, the Shiba Eternity collectible card game was released on mobile, while Shibburn Radio now also has a dedicated mobile app.

However, the biggest hype builds around Shibarium, the Layer-2 upgrade. The Layer-2 scaling solution is supposed to lay the foundation for SHIB‘s metaverse project, the $SHI stablecoin, and the blockchain version of Shiba Eternity. Because of the harsh conditions in the ongoing crypto winter, some of the developers are very careful about giving any timelines, thus playing on the nerves of the less patient members of the SHIB Army.

The SHIB Army Remains Optimistic Amid Price Plunge

The merciless bears didn’t miss the chance to kick SHIB around this FTX-infused crypto winter. However, the most active crypto community in Twitter remains positive about the future of the canine coin. According to popular opinion, SHIB’s black eye should heal quickly as the main developer Shytoshi Kusama is “focused on Shibarium.”

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On top of that, the partnering developer company xFund recently announced the release of wFund, which is set to power all of the Ethereum (ETH) based projects.

On the other hand, the popular memecoin is priced at $0.00000888, having gained 2.8% in the last 24 hours. After multiple days in the red, SHIB might be getting prepared for a rebound rally with substantial inflow of trading volume. But a lot of the rebound efforts will depend on Chef SHIB’s timing with Shibarium, as it will begin a new chapter for the rapidly growing crypto community.

On the Flipside

  • As the wait for Shibarium continues, the SHIB community is divided into two camps.
  • One half is bashing main developer Shytoshi Kusama for delays in Shibarium and SHIB’s plunging market price.
  • Naturally, the other half encourages the team developers to take as much time as needed.
  • Shytoshi Kusama might collaborate with the World Economic Forum in order to shape the future of the metaverse.
  • Some SHIB holders are clearly against it, but there’s still time to vote on the proposal.

The social mentions revolving around the Japanese guard dog themed cryptocurrency might spark bullish sentiment for other altcoins too. To illustrate, the recent uptrend of social mentions on Twitter led to Litecoin’s (LTC) recent bull run.

Learn more about the latest actions of the canine coin Shiba Inu (SHIB):

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Shiba Inu (SHIB) To Share Metaverse Progress At The Immerse Global Summit

Shiba Inu (SHIB) Registers 50,000 New Wallets Despite SHIB Price Plunge

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.