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HomeCrypto NewsMarketShiba Inu Ecosystem Official Says Something Is Cooking, Highlights Shibarium YouTube

Shiba Inu Ecosystem Official Says Something Is Cooking, Highlights Shibarium YouTube


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Shiba Inu (SHIB) developers are preparing to onboard more substantial developments into the ecosystem post-mainnet launch of Shibarium.

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Lucie, the Shiba Inu marketing specialist, has given proponents of the canine-themed cryptocurrency more reasons to be optimistic about SHIB. Per a Monday update, the project official affirmed that more positive developments would land the Shiba Inu ecosystem in the coming weeks or months.

“We are cooking something,” Lucie wrote, attaching a GIF that contained Shibarium’s logo. While she provided zero details about these planned developments, the notable team member urged the teeming ShibArmy to subscribe to Shibarium’s Youtube page.

Shibarium’s Youtube channel has three videos uploaded with 370 subscribers.

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This recent tweet coincides with a previous statement from Shytoshi Kusama, the lead developer of Shiba Inu. Introducing the Summer of Shibarium, Kusama promised the community of strategic releases and updates in the near term. The aim is to pave the way for the Shibarium mainnet launch expected in August during the Blockchain Futurist Conference.

Recall that Lucie assured community members that hundreds of projects would join the Shiba Inu ecosystem when the L2 scaling solution goes live on the mainnet. These expected developments would take the project’s ecosystem tokens beyond SHIB, BONE and LEASH, she noted.

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Despite these bullish sentiments and planned developments, SHIB has yet to stage any substantial rally. The famous altcoin is exchanging hands at $0.00000766 at the time of writing, as it continues to maintain a bearish trend over the past seven days.

Notably, the crypto asset has declined by over 2.3% in the past 24 hours and seven days. With Bitcoin (BTC) and other large-cap altcoins printing red candles, the SHIB price may be adversely affected in the coming days. But following the mainnet launch of Shibarium, experts predict a rally in SHIB price and other ecosystem tokens, including BONE and LEASH.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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