While the Shiba Inu (SHIB) price has been stagnant since mid-November, the latest cryptic news from the meme cryptocurrency\u2019s lead developer could provide fresh fuel for a rally. As the SHIB community observed, Shytoshi Kusama has once again updated his profile.<\/p>\n
The Shiba Inu lead developer\u2019s status now reads<\/a> \u201cWe Are Not Alone.\u201d In addition, Kusama\u2019s current Twitter location says, \u201cWith a new fren\u2026guess who?\u201d The SHIB community is now puzzling over whether the mysterious announcement could have to do with a new partnership or the launch of Shibarium, a layer 2 solution.<\/p>\n Hey $SHIB<\/a> Family @ShytoshiKusama<\/a> has once again updated his profile. “We Are Not Alone” and “With a new fren\u2026Guess Who” Could it have anything to with a new partnershib or maybe even #SHIBARIUM<\/a>? I am stumped. Help me out here family. pic.twitter.com\/fX6AAhTpUB<\/a><\/p>\n \u2014 Shib Dream * Shiba Inu News * Shib Army Social (@theshibdream) December 27, 2022<\/a><\/p>\n\n As recently as Christmas Eve, Kusama tweeted that Shibarium will be released very soon, emphasizing the importance of next year for the project:<\/p>\n Happy Holidays to more than half the world. Wen Shibarium? Please know it will come very soon*, but not during a crucial time for people to spend with their family (or the resulting New Years party time). Enjoy these next days, next year is an important one for humanity.<\/strong><\/p>\n Therefore, probably the hottest bet for the mysterious announcement could be Shibarium. The Shiba Inu community is currently eagerly anticipating its launch. Shibarium is a layer-2 blockchain solution for Shiba Inu that targets Ethereum\u2019s high transaction cost and low transaction speed problem.<\/p>\n The goal of the layer-2 blockchain is to lay the groundwork for building the Shiba Inu ecosystem, which will consist of a metaverse<\/a>, a DEX, and blockchain games. Shibarium has been in development for quite some time.<\/p>\n Another developer, Trophias, put the brakes on the release recently. He said that Shibarium needs more time because the launch has to be done carefully.<\/p>\n On the other hand, the SHIB community speculates that the announcement could be a new partnership with another blockchain company. However, there are no conclusive indications as to who the company could be.<\/p>\n A new boost for the Shiba Inu price would be a welcoming gift for investors in the meme coin. Since the beginning of the bear market, SHIB has lost about 90% of its value. The all-time high was $0.00008819 and was reached on October 28, 2021.<\/p>\n The deep fall of Shiba Inu also happened despite the fact that the token enjoys very high popularity<\/a>. As Binance made public<\/a> on December 19, SHIB is one of the top 3 most watched crypto assets on the exchange in 2022, alongside Bitcoin<\/a> and Ethereum.<\/p>\n However, even the recent announcement of the Shiba Inu lead developer has not been able to move the price. Within the last 24 hours, SHIB is posting a marginal gain of 0.04%, and over the last seven days, a loss of 1.1%. The trading volume is down to $59 million in the last 24 hours, an 8% drop from the previous day.<\/p>\n A look at the 4-hour chart of SHIB reveals that the token has been stagnating in a sideways trend since mid-November, trending slightly lower. Just last week, SHIB marked a 6-month low at $0.00000794.<\/p>\n The 1-week chart also paints a dark picture and reveals the massive crash in the Shiba Inu price. To build momentum, the $0.00001029 resistance would be key.<\/p>","protected":false},"excerpt":{"rendered":" <\/p>\n While the Shiba Inu (SHIB) price has been stagnant since mid-November, the latest cryptic news from the meme cryptocurrency\u2019s lead developer could provide fresh fuel for a rally. As the SHIB community observed, Shytoshi Kusama has once again updated his profile.<\/p>\n The Shiba Inu lead developer\u2019s status now reads<\/a> \u201cWe Are Not Alone.\u201d In addition, Kusama\u2019s current Twitter location says, \u201cWith a new fren\u2026guess who?\u201d The SHIB community is now puzzling over whether the mysterious announcement could have to do with a new partnership or the launch of Shibarium, a layer 2 solution.<\/p>\n Hey $SHIB<\/a> Family @ShytoshiKusama<\/a> has once again updated his profile. “We Are Not Alone” and “With a new fren\u2026Guess Who” Could it have anything to with a new partnershib or maybe even #SHIBARIUM<\/a>? I am stumped. Help me out here family. pic.twitter.com\/fX6AAhTpUB<\/a><\/p>\n \u2014 Shib Dream * Shiba Inu News * Shib Army Social (@theshibdream) December 27, 2022<\/a><\/p>\n As recently as Christmas Eve, Kusama tweeted that Shibarium will be released very soon, emphasizing the importance of next year for the project:<\/p>\n Happy Holidays to more than half the world. Wen Shibarium? Please know it will come very soon*, but not during a crucial time for people to spend with their family (or the resulting New Years party time). Enjoy these next days, next year is an important one for humanity.<\/strong><\/p>\n Therefore, probably the hottest bet for the mysterious announcement could be Shibarium. The Shiba Inu community is currently eagerly anticipating its launch. Shibarium is a layer-2 blockchain solution for Shiba Inu that targets Ethereum\u2019s high transaction cost and low transaction speed problem.<\/p>\n The goal of the layer-2 blockchain is to lay the groundwork for building the Shiba Inu ecosystem, which will consist of a metaverse<\/a>, a DEX, and blockchain games. Shibarium has been in development for quite some time.<\/p>\n Another developer, Trophias, put the brakes on the release recently. He said that Shibarium needs more time because the launch has to be done carefully.<\/p>\n On the other hand, the SHIB community speculates that the announcement could be a new partnership with another blockchain company. However, there are no conclusive indications as to who the company could be.<\/p>\n A new boost for the Shiba Inu price would be a welcoming gift for investors in the meme coin. Since the beginning of the bear market, SHIB has lost about 90% of its value. The all-time high was $0.00008819 and was reached on October 28, 2021.<\/p>\n The deep fall of Shiba Inu also happened despite the fact that the token enjoys very high popularity<\/a>. As Binance made public<\/a> on December 19, SHIB is one of the top 3 most watched crypto assets on the exchange in 2022, alongside Bitcoin<\/a> and Ethereum.<\/p>\n However, even the recent announcement of the Shiba Inu lead developer has not been able to move the price. Within the last 24 hours, SHIB is posting a marginal gain of 0.04%, and over the last seven days, a loss of 1.1%. The trading volume is down to $59 million in the last 24 hours, an 8% drop from the previous day.<\/p>\n A look at the 4-hour chart of SHIB reveals that the token has been stagnating in a sideways trend since mid-November, trending slightly lower. Just last week, SHIB marked a 6-month low at $0.00000794.<\/p>\n The 1-week chart also paints a dark picture and reveals the massive crash in the Shiba Inu price. To build momentum, the $0.00001029 resistance would be key.<\/p>\n <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-14833","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/14833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=14833"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/14833\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=14833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=14833"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=14833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Shiba Inu (SHIB) Price Caught In Downtrend<\/h2>\n
Shiba Inu (SHIB) Price Caught In Downtrend<\/h2>\n