Shiba Inu Lead Dev Shares Mysterious Video, SHIB On The Rise?

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Shibarium, the extremely anticipated layer 2 resolution by Shiba Inu, is going through vital delays, leaving traders in a state of uncertainty. Regardless of preliminary expectations for a launch between the second and third quarter of 2023, the precise launch date stays unknown.

Nevertheless, Shiba Inu chief developer Shytoshi Kusama launched a brand new video right now which will give the neighborhood renewed optimism. Alluding to probably the most often requested query of when Shibarium will lastly be launched, Kusama wrote by way of Twitter right now: “Wen is so final yr. The actual query is… WHERE?” and shared quite a few hashtags: #SHIBARMY #SHIBARIUM #SHIBOSHIS #SHIBAETERNITY #MVSHIB #SHIBACALS #WELLY #UNIFICATION #BADIDEAI #SEEYOUTHERE.

The video options the Shiba Inu brand and a significant (American) metropolis. The message of the video is: “One thing is coming. Truly we’re going someplace.” Apparently the builders of Shiba Inu are planning a giant occasion, whether or not it’s the launch social gathering for Shibarium is the a million greenback query. Not less than that’s what Kusama’s phrases recommend, because it’s apparently not a query of when, however the place. Nevertheless, it may simply be a Shiba Inu conference or an occasion to announce one thing else, to date it’s all hypothesis.

#wen is so final yr. The actual query is… #WHERE? #SHIBARMY #SHIBARIUM #SHIBOSHIS #SHIBAETERNITY #MVSHIB #SHIBACALS #WELLY #UNIFICATION #BADIDEAI #SEEYOUTHERE pic.twitter.com/vLDAXVwWGn

— Shytoshi Kusama™ (@ShytoshiKusama) June 29, 2023

However the chances are high very excessive that it will likely be an occasion that places Shibarium on the centre of consideration. In any case, Kusama makes use of the hashtag Shibarium second, proper after #SHIBARMY. Clearly, your complete Shiba Inu neighborhood will meet, as Shiboshi NFTs, the collectible card sport Shiba Eternity, SHIB The Metaverse, Shibacals, Unhealthy Concept.AI and Shibarium developer Unification are additionally talked about within the hashtags.

Shiba Inu Value Stays Flat Regardless of Announcement

The dearth of readability on Shibarium presently appears to be inflicting concern amongst Shiba Inu merchants and is affecting the valuation of the SHIB token. Apparently, the delay within the launch of Shibarium has had a adverse impression on the worth of SHIB in latest weeks.

Currently, SHIB skilled a major decline, falling from $0.000011 to $0.00000591, a stage the worth final noticed on September 09, 2021. Regardless that SHIB managed a 40% rally, the worth failed to interrupt the 23.6% Fibonacci retracement stage and the descending pattern channel that has been shaped since early February.

At press time, Kusama’s teaser video didn’t generate a lot hype amongst SHIB traders. The value remained caught at $0.00000726, however in place to assault the highest of the descending pattern channel once more. A breakout above the world between $0.000080 and $0.00000833 (23.6% Fibonacci retracement stage) is the important thing resistance in the meanwhile.