Shytoshi Kusama, the lead developer behind Shiba Inu, has provided a glimpse into the highly anticipated launch of Shibarium, a layer-2 protocol within the Shiba Inu ecosystem, sparking excitement and speculation among the community.
Over the weekend, Lucie, the content marketer for Shiba Inu, took to Twitter to share a discussion in a Telegram group chat, where Kusama was asked about any potential changes to the launch date or plan of Shibarium. Confidently, Kusama responded, “It doesn’t matter; everything is already set. I can’t change the date or plan. It’s called a launch strategy.”
This tweet quickly gained traction within the community, generating further anticipation and interest with various individuals praising the project’s developers.
“Wow. Strong Words!! I love how the team is handling the launch. Very strategic!! And I believe the timing will be perfect,” American Businessman Old Horse replied to Lucie’s tweet.
However, critics of Kusama have accused him of toying with people’s emotions by consistently raising false expectations.
“Honestly ShytoshiKusama, I would believe that statement had you not been insinuating the launch of Shibarium and giving false hope, especially as much as you have in the recent six months. At this point, you’re just toying with people’s emotions,” one individual commented.
In April, Kusama indicated a launch timeframe of two to four months. Last month, the developer disclosed that the launch of Shibarium is imminent. Lucie also hinted in May that the Shibarium launch is closer than expected. Interestingly, July 11 would mark the four-month milestone since the beta release, prompting discussions around the possibility of the launch happening on that date.
Austin Hilton, CEO of Redhill Group and a member of the Shiba Inu community predicted on July 3 that Shibarium would likely launch in mid-August. Hilton expressed his intention to purchase and hold over 20,000 BONE tokens leading up to August, hoping that the Shibarium launch will bring exponential growth potential to BONE.
That said, these conflicting projections have left the community in anticipation, eagerly awaiting an official announcement from the Shiba Inu team regarding the launch date. Despite this obscurity, excitement is expected to keep building around SHIB, preparing it for a massive surge.
Following a significant decline to its lowest point of the year, SHIB faces difficulties breaking the $0.000008 monthly resistance. Should Bulls demonstrate sufficient strength to overcome the level, there is a possibility of witnessing SHIB subtracting another zero and surging to $0.00002 soon.
At press time, SHIB was trading at $$0.000007478 after dropping 2.73% in the past 24 hours, as per CoinMarketCap data.
