Shiba Inu: Shibarium Struggles to Keep SHIB Afloat

Shibarium, the new layer-2 solution for Shiba Inu, was recently launched.

There are some technical difficulties with Shibarium, including $1.7 million worth of Ethereum stuck in the Shibarium Bridge.

Memecoins across the market are suffering, with SHIB plummeting 20.41% over the last seven days.

Shiba Inu’s price is struggling to stay above $0.00000800, a key support level.

At long last, the Shiba Inu team has announced the much-anticipated launch of Shia Inu’s new layer 2 solution, Shibarium

Shibarium is the new layer-2 solution to Shiba Inu, which is expected to make the chain and its transactions cheaper and more scalable than Ethereum