(Crisis Averted) The SHIB Token Is Back In Full Force
TL;DR
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Final week, everybody was desirous to check out Shibarium — which led to the blockchain getting overwhelmed and switching to fail-safe mode.
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Excellent news is: it’s all mounted now.
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And inside 24 hours of Shibarium’s relaunch, greater than 100,000 wallets remodeled 420,000 profitable transactions.
Full Story
You understand that second of ‘social overwhelm’ you’ll see toddlers undergo at Christmas lunch?
One too many pinches on the cheek from one too many half-sauced aunts → the child will get scared → cries → leaves the room totally.
That’s kind of what occurred just lately with the launch of the Shibarium, the layer 2 blockchain on Ethereum which is supposedly even cheaper and quicker than Polygon.
Everybody was desirous to attempt it out, and rapidly, hundreds and hundreds of transactions all tried to undergo on the similar time — which led to the blockchain getting overwhelmed and switching to fail-safe mode.
Because of this, $2.5 million bought caught in limbo. Not fairly the outcomes the followers of the token have been hoping for…
Excellent news is: it’s all mounted now.
SHIB’s Shytoshi Kusama bought assist from none aside from Sandeep Nailwal, co-founder at Polygon Labs, who helped patch every thing up.
And inside 24 hours of Shibarium’s relaunch, greater than 100,000 wallets remodeled 420,000 profitable transactions.
That ain’t too shabby!
Ain’t too shabby in any respect.
