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Shibarium Ready to Reopen to the Public According to an official blog on August 22, Shiba Inu lead developer Shytoshi Kusama announces that Shibarium is now enhanced and optimized after two days of testing and tweaking parameters. Moreover, the chain is producing blocks again and is “almost ready to reopen to the public.” advertisement Shibarium has a new monitoring system and additional fail-safe mechanism including rate limiting at the RPC level and auto server reset. Shytoshi Kusama warns the ShibArmy about FUD, making people sell their bags. He asserts the Shiba Inu ecosystem is dedicated to decentralization. “One piece of fud is that Shibarium was never going to come. Kek. Fud ded. Another was that I am not focused on decentralization. This fud is now also laughable as I’ve presented what is, arguably, the most comprehensive decentralization document the world has ever seen.” Recommended Articles ...

Shiba INU Holds Still This move, often indicative of an intention to hold assets for the long term, has surprisingly not impacted Shiba Inu’s market position. Data from CoinMarketCap reveals that the meme coin has maintained a positive market trajectory, on the verge of surpassing a $5 billion market cap, marking a significant rise from its June standing below $4.5 billion. The coin is trading at $0.000008303, at the time of writing. advertisement Although the coin’s burn rate has seen a recent decline, the last 24 hours recorded 97.5 million SHIB tokens being sent to dead wallets, according to Shibburn, the SHIB burn portal. This increase has seen the burn rate surge by over 296%, with numerous transactions involving the burning of several million tokens. Despite the impressive numbers, they remain low when compared to periods where close to a billion SHIB were burned. The intriguing development suggests a dynamic, yet stable scenario for Shiba Inu ...