The meme-based cryptocurrency, Shiba Inu $SHIB has gained significant attention recently due to its transaction volume surging in the last 24 hours with the presence of large investors, known as “Whale”.

Previously via his official blog (shiba blog) the main developer of Shiba Inu, Shytoshi Kusama,

congratulated the ShibArmy community on reaching over 1 million wallets, describing Shibarium as one of the "fastest and cheapest" L2 networks available. According to him, Shibarium aims to scale the original Ethereum-based Shiba Inu project, to facilitate faster and more cost-effective transactions.