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Shiba Inu (SHIB) Main Developer Wants to See Shibarium Arena in Miami

FTX Arena, the home of the Miami Heat, begs for a name change these days as the fallen FTX crypto exchange went bankrupt in a quickly escalating series of events. Hence,...
Shiba Inu (SHIB) Main Developer Wants to See Shibarium Arena in Miami © Reuters Shiba Inu (SHIB) Main Developer Wants to See Shibarium Arena in Miami
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FTX Arena, the home of the Miami Heat, begs for a name change these days as the fallen FTX crypto exchange went bankrupt in a quickly escalating series of events. Hence, Shytoshi Kusama, the lead developer of the Shiba Inu (SHIB) team, took to Twitter to call for the Miami Heat to change the name of the venue into the “Shiba Inu Arena.”

Unsurprisingly, the polite request left rival Dogecoin (DOGE) founder Billy Markus appalled. However, one member of the SHIB Army suggested it should instead be the “Shibarium Arena” which Mr. Kusama acknowledged to be “a great idea.”

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The Wait For Shibarium Continues For SHIB Army

Just last week, SHIB launched a dedicated Twitter profile for Shibarium – an informational center of sorts, along with a social hub. What’s more, the developer team has been working on the forthcoming SHIB: The Metaverse, with several key HUBs unveiled already. However, the date of Shibarium launch wasn’t revealed, nor was there any potential launch date for SHIB: The Metaverse.

On the other hand, the number of SHIB holders is growing exponentially. Ethereum’s (ETH) TOP 100 whales are meanwhile still hoarding plenty of SHIB themselves.

Double Digits In The Red For SHIB

At press time, the SHIB Army’s beloved canine token is changing hands at $0.00000921, according to CoinGecko. SHIB was slapped around by the merciless bears of the ongoing crypto winter all week to a shocking 22% deficit. In addition, the last 24 hours signals another 1.3% in the red, while in yearly terms the loss records an eye-watering 82.2%.

On the Flipside

  • Some crypto investors on Twitter are fed up with the delay in Shibarium. According to Shytoshi, it’s in ‘testing mode.’
  • Despite the decline in SHIB’s market price, the SHIB burn rate accelerated by 1064% in the last 24 hours, according to Shibburn portal.

Why You Should Care

The memecoin project SHIB has been in development for two years. The developer team behind the 14th ranked cryptocurrency is working on a self-sufficient ecosystem through Shibarium, the Layer-2 upgrade.

Find out more about the latest adventures of the canine coin Shiba Inu (SHIB):

Crypto.com Shows Trust in Shiba Inu (SHIB) as Holders Set SHIB Price Prediction

Dogecoin (DOGE) Founder Takes A Jab At Shiba Inu (SHIB) On Twitter

See original on DailyCoin

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01-05-2024 10:45:17 (UTC+7)

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
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(0/ 0) # 1,510
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SJC 0,5c7,380/ 7,560
(0/ 0) # 550
SJC 99,99%7,370/ 7,470
(0/ 0) # 460
SJC 99%7,196/ 7,396
(0/ 0) # 386
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