Shiba Inu Teases “Soon” Hint; Where’s SHIB Price Rally Heading?

Crypto News: With the Shibarium mainnet set to be released in the upcoming week, the Shiba Inu team teased the community with a hint. Earlier, CoinGape reported that Shiba Inu lead developer Shytoshi Kusama’s confirmation of the mainnet release at the Blockchain Futurist Conference and ETH hackathon in Canada. In the lead up to the release, the Shiba Inu price (SHIB) is maintaining a steady upward curve over the last few days, at a time when the rest of the crypto market is maintaining sideways path in the wake of the spot Bitcoin ETF news.

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Shibarium “Soon”

Earlier, the Shib Token official Twitter account teased with a “Soon” comment, in the context of the upcoming Shibarium launch. The Blockchain Futurist Conference, where the Shibarium mainnet will be released, is being organized in Toronto, Canada between August 15-16, 2023.

Meanwhile, the $SHIB burn tracker on Saturday, August 12, 2023, reported a transfer of 18,702,159 SHIB to a dead wallet. It remains to be seen how the Shibarium launch could affect the SHIB token price, considering the traders have been waiting from a long time for the release. CoinGape reported that if the memecoin breaches $0.0000105, traders could likely push the price further with a 12.8% jump to $0.00001188.

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