Meme cryptocurrency Shiba Inu (SHIB) recaptures attention with Shibarium relaunch
– Mihailo Bjelic, co-founder of Polygon (MATIC), invites Shiba Inu community to leverage Polygon zkEVM for blockchain ecosystem enhancement.
– Shibarium faced challenges and outage due to high user and transaction volumes.
– Bjelic suggests other projects to transition to Ethereum Layer 2.
– Polygon played a crucial role in addressing challenges faced by Shibarium.
– Polygon zkEVM offers scalability, transaction privacy, and compatibility with Ethereum Virtual Machine.
Polygon offers a solution to Shibarium challenges
– Polygon team helped Shibarium overcome operational difficulties and manage surge in traffic.
– Shiba Inu lead developer expresses appreciation for Polygon’s support.
– Polygon zkEVM offers scalability, transaction privacy, and compatibility with Ethereum Virtual Machine.
SHIB value undergoes slight correction
– SHIB’s value decreases by about 0.95% in the past 24 hours, trading slightly below $0.0000082.
– Shibarium relaunch leads to a surge of 35,000 new wallets and a total user count beyond 100,000.
Closing Thoughts: Shibarium’s relaunch boosts Shiba Inu network
The relaunch of Shibarium, with the support of Polygon’s zkEVM, has rejuvenated Shiba Inu’s presence in the crypto market. This collaboration has resolved operational challenges and attracted a significant number of new users. With the scalability and transaction privacy offered by Polygon zkEVM, the future looks promising for Shiba Inu and its blockchain ecosystem.
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