Shiba Inu Developer Reveals Shibarium Release date
The launch of Layer-2 blockchain, Shibarium, has been eagerly anticipated by the Shiba Inu community. Shytoshi Kusama (the pseudonymous leader developer of the popular meme currency) has given another hint about the Shibarium’s release date. This has prompted mixed reactions from the SHIB army.
However, the lead developer confirmed that Shibarium beta launch will likely take place before May. He also dropped several hints in the official Telegram group for Shiba Inu.
Shibarium is likely to have a “MAY” release
Shytoshi Kusama has never named a specific Shibarium release date, despite changing his Twitter bio in January.
Shytoshi has now calmed down the D-Day rumors. A member of the SHIB community shared this screenshot on Twitter. It included the latest information on the Shibarium launch date.
“Update “way before may” #SHIBARIUM IS very soon! Make sure you get your #BONE AND #SHIB! !” – Shiba_1Arizona @ShibaArizona
Shytoshi, a Shiba Inu community channel, stated that “Things are Coming Way Before May.”
Also read: MicroStrategy’s (MSTR) and Coinbase’s (COIN) shares turn bullish after US CPI data
Mixed Reaction from the community
Following this, investors seem to be upset by the “soon” answer when it comes to the Layer-2 solution for Shiba Inu networks.
One of the community members responded to @ShibaArizona with:
“What is that supposed to mean?” More fake hype! This is so familiar …. This sounds very familiar. PSYCH!!! We now know what they felt at that time.”
This was not the case. Many people now refer to Shibarium as “Soonbarium”; they also believe that Shiba Inu will suffer a huge price drop if this continues.
Also read: MicroStrategy’s (MSTR) and Coinbase’s (COIN) shares turn bullish after US CPI data
SHIB Price Rises After US CPI
The Shiba Inu’s price rose nearly 5% following the US CPI data release. It currently trades at $0.0000127. The lowest and highest 24-hour prices are $0.00001293, and $0.00001206, respectively. The CPI data has also led to a dramatic increase in trading volume.
The price of Shibarium’s gas token BONE, which is currently trading at $1.37, has fallen 8.80% over the past 24 hours. After hitting a high point of $1.508 today, the token is consolidating.
Also read: Bitcoin Price Likely to Hit $25K after US CPI Data. Here’s Why
CoinGape’s first article, Shiba Inu Developer Reveals Shibarium Release Time, appeared first on CoinGape.