Shiba Inu’s Shibarium Officially Live But SHIB Price Suffers

Despite the positive news, SHIB is down 2% on the day.

Moreover, Kusama mentioned a withdrawal process for a couple of tokens, highlighting that the process takes different durations ranging from 45 minutes to 3 hours to 7 days, specifically for the BONE token.

The highly anticipated launch suffered from major technical difficulties earlier in the month, leading to a , taking away weeks of positive price performance. Furthermore, Shibarium suffered some critical “FUD attacks.” Despite all that, Kusama urged the community to stay focused on long-term goals over short-term market fluctuations.The positive news about the launch of the L2 didn’t really affect Shiba Inu’s primary native token. SHIB is down by more than 2% over the past 24 hours and sits below $0.000008.

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