Shiba Inu ecosystem’s Layer 2 chain, Shibarium, is live after a botched mainnet launch on August 16. While users lost access to their Ethereum and BON
Kusama explained that by design, SHIB, LEASH and WETH withdrawals through the Shibarium bridge will take at least two checkpoints and between 45 minutes to three hours.
withdrawals on the Layer 2 chain will take up to seven days. Between Shibarium’s mainnet launch and the revival of the Layer 2 solution, SHIB price declined 20% on Binance. At the time of writing, SHIB is exchanging hands at $0.00000797. As withdrawals have resumed, it remains to be seen whether SHIB price makes a recovery.Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money.
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