Shibarium sees brief outage amid Shiba Inu’s Layer-3 blockchain ambitions

Shiba Inu secured $12 million in a funding round through a private token sale of its upcoming TREAT token to bolster the development of an unnamed privacy-focused Layer-3 (L3) blockchain network.
According to an April 22 post on X (formerly Twitter) by Lucie, the marketing lead at Shib.

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Shiba Inu Shibarium Faces Technical Glitch: Network Outage Hinders User Experience | Bitcoinist.com

Amidst the burgeoning landscape of cryptocurrency solutions, Shiba Inu’s layer 2 protocol Shibarium suffered a major setback due to a temporary network outage within the platform that affected users’ seamless operations and experience.

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Crypto Analyst Predicts Further Upside For Shiba Inu, Here’s The Target | Bitcoinist.com

Shiba Inu is currently on a consolidation path after a strong upswing earlier in the month. Specifically, SHIB is currently down by 13% in the past seven days, although still up by 210% in a wider 30-day time frame.

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Shiba Inu Scam Watcher Sends Critical Warning To SHIB Community

The Shiba Inu community is being targeted by another string of scam attacks aimed at profiting from unsuspecting members. As a result, the Shibaarmy Scam Alert, an X (formerly Twitter) social media handle dedicated to exposing scams, has issued a crucial warning to the entire SHIB community.

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Shiba Inu Headed Toward Critical Support Threshold With 2 Trillion SHIB Buys | Bitcoinist.com

Shiba Inu (SHIB) has established a critical price support level amidst the market-wide downtrend, which has kept crypto prices down. This support level has been established thanks to a host of Shiba Inu holders who have invested in the meme coin at that price level with a 2 trillion SHIB buy order.

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Dogecoin Sees Bullish Spike In Volume Despite Fierce Competition From Shiba Inu And Other Meme Coins | Bitcoinist.com

Dogecoin has been in a bearish sentiment among investors in the past week that even a tweet from Elon Musk referencing the cryptocurrency earlier in the week failed to do much to cause a price reversal.

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Cardano Drops Below Dogecoin On Crypto Top 10 List, Will It Lose 10th Spot To Shiba Inu? | Bitcoinist.com

Cardano has been struggling in the market over the last few weeks, completely erasing its gains from March. This continuous decline has put the digital asset in a perilous position as it has dropped drastically on the list of the top 10 cryptocurrencies by market cap.

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Shiba Inu Devs Roll Out Major Shibarium Update: Details

Shibarium, the layer-2 blockchain solution crafted by the creators of the Shiba Inu (SHIB) token, have unveiled a comprehensive update to its platform, promising enhanced performance and broader accessibility.

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Shiba Inu Team Member Says SHIB Price Is Still On Track For A Supercycle | Bitcoinist.com

Despite experiencing steep price declines in the past few weeks, popular Shiba Inu marketing team member, Lucie, has remained optimistic about SHIB’s price fundamentals, stating that the cryptocurrency is still on track for a supercycle.

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Shiba Inu Reaches Critical Junction In Its Campaign For $0.00028 | Bitcoinist.com

Shiba Inu continues to struggle in the market, especially as Bitcoin continues to demonstrate muted price movements ahead of the halving. This market-wide downtrend continues to keep the prices of cryptocurrencies down.

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