Did Shibarium fail? The Shiba Inu community was offered by DogCoin (DOGS) to become the Layer 1 network of Shiba Inu.

DogCoin (DOGS) is a layer 1 project that uses AI to solve the problem of slow and expensive transactions, providing gamers with fast and secure transactions. In contrast, Shiba Inu's layer 2 project, Shibarium, has faced criticism for allegedly copying the Rinia chain, which has led to accusations of incompetence. Shiba Inu has also faced community backlash for issuing tokens before the launch of Shibarium, leading to a feeling of being cheated. DogCoin has offered to support the Shiba Inu ecosystem by becoming its layer 1 network, though the specifics of how this will work are currently unclear. Layer 1 networks are generally considered more advanced than layer 2 networks.