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Shiba Inu (SHIB) Dev Admits Polygon's Great Help in Shibarium Relaunch

Mon, 08/28/2023 - 12:49
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Yuri Molchan
Major SHIB developer has thanked Polygon (MATIC) team for helping to relaunch Shibarium
Shiba Inu (SHIB) Dev Admits Polygon's Great Help in Shibarium Relaunch
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Top member of the developer team of Shiba Inu Kaal Dhairya has taken to Twitter to send his personal thanks to several members of the Polygon (MATIC) team for providing timely help putting Shibarium back up after its fall during the first attempt to launch it.

In particular, he sent lavish thanks to Sandeep Nailwal (Polygon cofounder), Jaynti Kanani (the other co-founder) and krishna.polygon, a member of the core protocol team of the Polygon chain.

"This friendSHIB is forever," Kaal Dhairya tweeted.

In an earlier tweet, the developer announced the relaunch of the Shibarium mainnet, urging users now to "handle it with love and care." Dhairya likened the newly launched Shibarium to a "new born baby" who almost went crazy with "so many excited family members coming to greet him."

Earlier today, the lead developer of Shiba Inu, known to the community under the pseudonym Shytoshi Kusama, released a fresh blog post to tell the SHIB army about Shibarium's second launch.

Kusama also stated that once the Layer 2 solution collapsed under an inflow of traffic at the first launch, he phoned a cofounder of Polygon, Sandeep, and asked him for help. The result was that without a second thought "he helped provide additional resources to ensure a perfect outcome to the situation." Here, Kusama once again stated that forking Shibarium off Polygon was a good decision.

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Aside from him, Kusama thanked some members of the Unification Fund team, the Shiba Inu team and a few others, whose aliases and names he mentioned but did not identify what blockchains they work for exactly. But he stressed Polygon's help as the most significant.

Now, according to Shytoshi, Shibarium boasts more than 350,000 transactions and over 65,000 connected wallets with "a variety of fun, unusual, and sometimes offensive tokens" created on Shibarium, along with platforms deployed on it.

However, the seemingly successful relaunch of Shibarium has not helped the SHIB price to go to the moon yet. SHIB keeps going down, trading at $0.000008022 so far, per CoinMarketCap. SHIB token has been pushed back to the 16th spot by market capitalization value.

A marketing expert of the Shiba Inu team, Lucie, has commented on it, explaining why she believes SHIB's price is not mooning as yet: it is moving along with market waves, just like the rest of the crypto. She suggested that the SHIB army hold on to a long-term investment strategy since it usually works better than a short-term one.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at