The price of Shiba Inu (SHIB) experienced a decline subsequent to the introduction of the Layer 2 solution known as Shibarium. Within the last 24 hours, SHIB’s value decreased by 4.6%, marking a 25% decline over the course of the week.
These drops occurred in the aftermath of Shibarium’s launch, during which technical challenges and a bridge error emerged, causing a temporary lock on user funds. Despite the fact that the team behind Shibarium promptly addressed these concerns, the initial hurdles during the launch seemed to have a moderating effect on investor interest in Shiba Inu.
Also read: Ethereum’s Vitalik Buterin Moves 600 ETH to Coinbase, What’s the Motive?
Shiba Inu marketing team member Lucie recently shared a tweet highlighting her insights on the recent drop in the price of SHIB, BONE, and LEASH.
Lucie says she isn’t unhappy with Kusama
Lucie mentioned in her tweet that the price of BONE, SHIB, and LEASH dropped considerably along with the whole cryptocurrency market. However, she mentioned that she was not unhappy with Shytoshi Kusama, the lead developer. Lucie stated that they kept their promises, but they made one mistake.
Talking about the mistake, LUCIE highlighted that Kusama didn’t understand how much the Shiba Inu army wanted to be on Shibarium. She also added that the small issue that the community is going through will just be a joke that can be told to the new SHIB investors.
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