Shiba Inu (SHIB) Tumbles 7% on Concerns About Shibarium Code

George Georgiev
George Georgiev

16 Mar 2023 6:28 AM

Shiba Inu (SHIB) saw its price tumble in the past 24 hours on concerns that Shibarium's testnet is a copy....

  • Shiba Inu (SHIB) price has dropped by about 7% in the past 24 hours.
  • This is due to concerns that Shibarium's testnet is a copy, as its chain ID is the same as another network's.
  • Using an existing chain ID is incompetent as it would cause issues with chain functionality and user interaction.
  • The article suggests that changing the chain ID will help Shibarium grow its reach with professional companies, reset relationships with past businesses, and find the right validators.

The article presents negative sentiment towards Shiba Inu (SHIB) as its price has dropped by 7% due to concerns over Shibarium's testnet being a copy. However, it also suggests potential solutions to address the issue and improve Shibarium's growth.

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Related Questions

Why has Shiba Inu (SHIB) price dropped in the past 24 hours?
What is Shibarium's testnet?
Why is using an existing chain ID incompetent?
How can changing the chain ID help Shibarium grow its reach with professional companies?
What is the article's overall sentiment towards Shiba Inu (SHIB)?

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