- Shibarium mainnet launch could be announced in either Q2 or Q3 according to Lucie.
- However, this is not guaranteed as the launch may be delayed if any fault is found.
The long-awaited mainnet launch of Shibarium is fast approaching as the SHIB army is expecting a bull run. According to LucieSHIB, content marketing specialist at Shiba Inu, the mainnet launch could be set between the second quarter and the third quarter of this year.
However, this cannot be guaranteed since there would be several tests and audits that have to be done. In this case, the launch may be delayed if any fault is found. Fortunately, no problem has been found as of now. According to Lucie, the developers are working diligently to launch Shibarium as soon as possible.
Before the official launch, a complete version with bridge and swap will be available on the testnet, and there may even be ShibaSwap 2, but this is yet to be confirmed. Following this, there will be extensive stress tests and auditing to ensure the security of all funds. The launch date is not set in stone, as it is important to prioritize the safety of our users’ funds. We anticipate the launch to take place between Q2 and Q3, but we cannot guarantee the timeline. Rest assured that we are working diligently to bring Shibarium to fruition as soon as possible.
In May, it was reported that the team is deploying VOR and OoO on the Shibarium testnet. According to them, the xFUND Test token has already been deployed and has successfully bridged L1 and L2. On top of that, the xFUND test tokens have been successfully transferred between L1 (Goerli) and L2. In the next phase, OoO and VOR Router smart contracts would be deployed on the network. The report further discloses that the team has received several requests on the additional data types that OoO could potentially support.
Would Shiba Inu’s Price React Positively to the Shibarium Launch?
Shiba Inu has added extra an zero to trade at $0.000008, however, it is expected that the asset stages a bull run to “kill” some of these zeros after the launch. The asset is very bearish and has fallen marginally by 0.06 percent in the last seven days.
Contrary to the expectation of the Shiba Inu investors, on-chain metrics and price prediction firm Changelly does not see any improvement in its price in June. According to the analysts, the asset may fall even further in the coming weeks. By June, they expect the price to fall to $0.000007483.
Recently, Shibarium lead developer Shytoshi Kusama announced to the Telegram community that the team would host a reward program to celebrate several important milestones in the Shibarium ecosystem.
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The time has come. To celebrate several completed important milestones on the Shibarium ecosystem, we are hosting a rewards claim event where 5,000,000 BONE tokens are distributed to our communities to further expand awareness with the approaching main net release! Event rules: Every person can participate; Users can participate only once; The reward amount depends on your wallet activity; All qualifying users will split the pool of 5,000,000 BONE.
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