Shiba Inu L2 Shibarium Launch Might Be Surprisingly Good for DOGE, Analyst Says

Top researcher DefiIgnas expains why Shibarium L2 is crucial for $SHIB, $DOGE and meme coins segment as a whole Shibarium SHIB ShibaInu SHIBArmy

Shibarium, an upcoming multi-purpose second layer platform for Shiba Inu Coin ecosystem, represents an entirely novel approach to scaling for the meme coin segment. A seasoned crypto analyst explains why its launch is a double-edged sword for the prospects of the SHIB narrative.DeFi Ignas, a popular cryptocurrency analyst, took to Twitter to share a review of what we know so far about Shibarium, an overhyped L2 solution for SHIB-centric products.At a $6.

Not many details are available yet, but having a stablecoin backed by a meme token would have been fun. SHIB: The Metaverse visitors will be incentivized to claim land plots, somehow upgrade them, lend them to peers, earn rewards and repeat this cycle as many times as possible.Despite the fact that the launch of Shibarium and metaverse are hotly anticipated by passionate SHIB supporters, it is still unclear whether it would inject new life into the SHIB narrative or ruin it.

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