Lucie, a prominent Shiba Inu (SHIB) influencer and member of the SHIB marketing team, shared her insights and predictions for the highly anticipated mainnet launch of Shibarium, the layer-2 scaling solution for the Shiba Inu ecosystem. Here is the important information Lucie gave…
Important announcements came for the Shiba Inu
To address the persistent speculation and questions surrounding the launch date, LUCIE provided valuable insight into the estimated timeline. He highlighted the team’s commitment to providing a safe and sustainable platform. LUCIE’s personal forecast coincides with community-appointed Shiba Inu project leader Shytoshi Kusama’s forecast for a July launch. However, Shibarium1, an anonymous but prominent Shibarium developer, had a forecast for August.
UNDERSTAND – if some testing goes wrong it may take longer – it's being built – it's not made from magic box😜
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) May 24, 2023
Based on these inputs, Lucie announced that the team’s official forecast for the Shibarium mainnet launch is set for the second to third quarter of 2023. According to Lucie, the Shiba Inu development team is confident in Shibarium’s progress with multiple dedicated teams working on development, including focusing on artificial intelligence (AI) integration. This statement was intended to clarify and deter the spread of misinformation regarding the launch date among Shiba Inu enthusiasts. However, LUCIE also acknowledged that unforeseen complications during the testing phase could potentially lengthen the timeline.
Shibarium developer confirms launch
Moreover, Shibarium1 recently announced that the launch is closer than the community expected. In a Discord chat, the admin noted that things are going well during the development process and teams are speeding up the release time. He added that they have not encountered any problems during the testing phases yet. As a result, as the Shiba Inu continues to grow in popularity, the successful launch of the Shibarium is crucial for further growth and development. The crypto community is eagerly awaiting the release of Shibarium, especially as it promises advanced DeFi features for Shiba Inu ecosystem tokens.
Loaded SHIB transactions attracted attention
Meanwhile, Shibarium’s on-chain growth fueled the ascension thesis among whales. 40 billion SHIB tokens were collected by major wallet investors, setting a new record. In a 60-minute time frame on Wednesday, several large transactions were spotted by crypto intelligence tracker Etherscan. About 6.4 billion Shiba Inu tokens were transferred in just six transactions. A major investor has bought 13 billion SHIB on the Crypto.com exchange. On the other hand, another 1.5 billion was collected from KuCoin and withdrawn to a cold wallet.
Just as Shibarium’s milestone fueled the rise thesis among SHIB holders, the launch date announcement is expected to raise sentiment among community members. Meanwhile, Lucie’s; The SHIB executive recalled that lead developer Shytoshi Kusama had previously said that Shibarium is expected to launch in July if there are no delays in development. The Shiba Inu is trading at $0.00000854 at the time of this writing. cryptocoin.comAs we have also reported, it experienced a 3 percent price correction last week.
