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Will Shiba Inu’s Shibarium launch on the 14th of February? Lead developer shares updates

February 2, 2023
in Crypto News
Reading Time: 4 mins read
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  • Shiba Inu developer makes a noteworthy blog post, teasing the possible launch of Shibarium in the near term. 
  • Will Shiba Inu’s long-awaited Shibarium upgrade launch in February? 

Shiba Inu’s community members have received yet another hint that the long-awaited Shibarium update is right around the corner.

In a now deleted tweet that was posted on the 1st of February, Shiba Inu influencer with the twitter handle “LucieSHIB” revealed a blogpost that further teased the release of the Shibarium launch.

In the tweet, the influencer posted a screenshot that contained an excerpt of a recent blog post titled “TEST”. The post was written by popular Shib developer Shytoshi Kusama.

“This post is simply to test Twitter’s algorithm
for this website in preparation for Shibarium release.” Shytoshi Kusama wrote in the blogpost.

Another tease from @ShytoshiKusama
… link was posted and erased… #Shibarium docs coming… WEN pic.twitter.com/3HsVXCrDT9

— Lucie ➹ ➹ ➹ (@LucieSHIB) February 1, 2023

The blogpost which was very brief, was posted yesterday, but was later quickly erased, and has since been unavailable to the ShibaSwap blog paste, which it was posted to.

Influencer LucileShib has mirrored other influencers and community member’s sentiments, as she states that the blogpost was in fact another tease for the Shibarium upgrade. She also added that it was likely a hint at the Alpha stage already being completed.

This also means that the Shibarium upgrade, despite the release date not being revealed, could be launched to the public this February.

Shibarium ; when does it arrive? And how will it affect SHIB?

Shibarium is a layer 2 Blockchain scaling solution, which is being built to advance the workings of Ethereum ; Shiba Inu’s host chain.

Shibarium was first proposed in May 2021, by Shiba Inu’s anonymous creator Ryoshi. Shibarium’s launch has since been teased by developers, who have yet to drop an actual release date to the Shib community.

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However, in its last tweet, the Shiba Inu network took to twitter to mention that the Shibarium Beta Network upgrade is “upcoming.”

Shibarium Update 🧵

As we approach the launch of the upcoming Shibarium Beta Network, we first would like to start by thanking the Shiba community for bringing such energy and excitement surrounding the upcoming phased introduction.

1/6 🧵

— Shibarium Network (@ShibariumNet) January 4, 2023

This is to confirm and validate, from us, the official source, that BONE is and remains the only token selected for gas fees and use. No other tokens will be necessary to operate within the protocol.

Shiba Inu network noted in another tweet.

          No spam, no lies, only insights. You can unsubscribe at any time.

It is being speculated that the launch of the Shibarium blockchain will catapult the price of Shib to a new price level. This is expected, particularly because Shiba Inu will likely gain more popularity after the launch, further making Shiba Inu a more valuable blockchain to the broader market.

Adoption for the Shib token could hit roof levels in the future, and Shib Inu’s price will react to this positively, with a price pump.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.


Credit: Source link

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