Shiba Inu Token (SHIBUSD)

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>>>Shiba Inu Whale Activity Surges On Hype Around The Upcoming Shibarium Launch<<<

Why Shiba Inu Has Remained Most Held Asset Amongst Large Ethereum Whales Despite Price Turmoil
Ethereum whales are busy amassing Shiba Inu ahead of the anticipated Shibarium launch. Whalestats shows that the meme crypto was among the top ten most purchased tokens among the top 2,000 largest Ethereum investors as of this week.

What is fueling the high whales’ appetite is the much-awaited Shibarium. It is a layer-2 platform expected to improve the performance of Shiba Inu. Speculations were heightened that Shibarium could be launched soon after the ecosystem’s lead developer Shytoshi Kusama remarked on the same. “Love meeting with the team from UnificationUND about Shibarium. Aligning. Onboarding. Finalizing. Soon. Very Soon,” Kusama said.

Described as the foundation for the Shiba Inu ecosystem, Shibarium features a decentralized exchange (DEX), blockchain games, and the metaverse – all of which have been under development. Shiba Inu currently relies on Ethereum, with shortcomings being slow transactions and high gas fees. However, that is bound to change within the layer-2 solution. Shibarium will take most of the transactions off Ethereum while still using the blockchain as a security layer.