Shiba Inu Bullish Signal as Shibarium Network Upgrade Kicks Off

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Last Updated on March 5, 2023 by Bitfinsider

As the debut of the Shibarium layer-2 scaling solution approaches, Shiba Inu is also set to reach unprecedented heights.

Shiba Inu supporters are eagerly anticipating the debut of Shibarium, planned for next week, after months of anticipation. Initially, the main creator of Shiba Inu, Shytoshi Kusama, indicated that the debut would occur prior to May. Following the indication was a recent post from the YouTuber YourPop8 claiming that Shibarium would launch the following week.

In a tweet, Shytoshi Kusama disputed allegations that the YouTubers’ remarks were false, stating, “When he is correct, you due him an apology.”

The introduction of Shibarium is anticipated to result in a price increase for Shiba Inu. The meme currency is anticipated to reach a new annual high as the Shiba Inu ecosystem’s usage is projected to increase following Shibarium’s merger.

Although, as of press time, Shiba Inu is experiencing slight loses on a daily and weekly basis. However, trading traffic is anticipated to increase as the debut date approaches. Many proponents of Shiba Inu also anticipate that SHIB will surpass Dogecoin to become the tenth most valuable commodity by market price.

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