HomeCrypto NewsMarketTop Bitcoiner's Hot Take for Shiba Inu, Says "Big Things Happening for SHIB"

Top Bitcoiner’s Hot Take for Shiba Inu, Says “Big Things Happening for SHIB”

Date:

Written By:

Follow TheCryptoBasic

Top Bitcoiner Davinci Jeremie has dropped a hot take for Shiba Inu (SHIB) ahead of the Shibarium launch, stating that the project is in for something big.

The anticipation for the Shiba Inu layer-2 solution, Shibarium, has elevated dramatically. With the Shibarium mainnet launch fast approaching, numerous crypto experts have weighed in on SHIB’s future. These actions further indicate improved interest in the community-driven project.

Davinci Jeremie is among those contemplating a positive transition for Shiba Inu in the coming months. Citing Shibarium, the crypto educator and early Bitcoin, adopter remarked that “big things are happening for SHIB.” He further indicated that SHIB had entered his watchlist.

- Advertisement -

 

Jeremie communicated this bullish opinion over SHIB on Tuesday via a short clip. According to the video, he said:

“Wow, I heard that Shiba Inu is creating a second layer on top of Ethereum to help shed its meme coin stigmatism. That’s awesome. Actually, this is going to be something interesting to watch. It will be live on testnet on Friday, as early as Friday. Let’s see how well that works out because if they accomplish this, it will be something big, especially if their second layer works well. I’ll be interested to watch how this plays out.”

Jeremie recognized Shibarium’s potential to boost SHIB if the layer-2 network worked as expected. His recent viewpoint agrees with the common perception in the Shiba Inu community.

Recall that the project’s marketing specialist, Lucie said hundreds of projects would join the ecosystem post-mainnet launch of Shibarium. Likewise, a panel of Fintech specialists said the project would trigger a rally in SHIB price.

Wen Shibarium?

The precise date for the mainnet launch of Shibarium remains undisclosed to the public. However, SHIB’s lead developer Shytoshi Kusama said the anticipated launch would happen during ETH Toronto.

The Blockchain Futurist Conference is scheduled for August 15 – 16 in Toronto. As reported by The Crypto Basic, Kusama invited Elon Musk to the conference. The invitation came shortly after the Twitter owner mentioned Shiba Inu directly after two years.

Meanwhile, the beta testnet of the layer-2 scaling solution went live in January. Codenamed Puppynet, the testnet has recorded massive interactions from several wallets. At press time, exactly 17,063,400 have engaged with the Shibarium beta testnet. This has taken the total transactions on the network to 34,269,221.

DisClamier: 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 opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

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.

More from Author

Latest Stories

Ethereum Analysis for Jan 13: Where Next as ETH Price Holds Key Support?

Ethereum is consolidating around key support levels, with potential for upward momentum if it maintains current support and overcomes resistance. For context, Ethereum (ETH) is...

XRP Analysis for Jan 13: Bulls Defend Support but Real Test at $2.09 Fib Resistance

XRP faces key resistance at the 0.5 Fibonacci level, with the next major move dependent on whether support holds. XRP is currently sitting at $2.06,...

Standard Chartered: Ethereum Could Hit $7,500 This Year and Outpace Bitcoin

Ethereum is increasingly being viewed as the stronger long-term performer compared to Bitcoin, according to a new outlook from Standard Chartered. The bank believes Ethereum’s...

Bitcoin Forecast for Jan 12: Here Are Key Resistance and Support Levels to Watch

Bitcoin shows resilience amid market tensions, with key resistance and support levels defining its next potential move for January 12. Specifically, Bitcoin (BTC) rose 1.3%...

Standard Chartered: Ethereum Could Hit $7,500 This Year and Outpace Bitcoin

Ethereum is increasingly being viewed as the stronger long-term performer compared to Bitcoin, according to a new outlook from Standard Chartered. The bank believes Ethereum’s...

Ethereum Analysis for Jan 13: Where Next as ETH Price Holds Key Support?

Ethereum is consolidating around key support levels, with potential for upward momentum if it maintains current support and overcomes resistance. For context, Ethereum (ETH) is...

XRP Analysis for Jan 13: Bulls Defend Support but Real Test at $2.09 Fib Resistance

XRP faces key resistance at the 0.5 Fibonacci level, with the next major move dependent on whether support holds. XRP is currently sitting at $2.06,...

Could 5,000 XRP be Worth 1 Bitcoin in 2026?

Bird, a crypto influencer and well-known pundit within the XRP community, says 5,000 XRP could be worth a full Bitcoin in 2026. The market commentator...

Shiba Inu Forecast for Jan 12: Will SHIB Fall Lower to Find a Floor?

Shiba Inu faces a pullback as it tests key support levels, with mixed market sentiment and futures flows indicating uncertainty. Shiba Inu (SHIB) has encountered...

Shiba Inu Forecast for Jan 9: Where Next After SHIB Tests Weekly Bollinger Band Resistance?

Shiba Inu tests the weekly Bollinger Band resistance, with positive short-term momentum, but faces key resistance ahead. The Shiba Inu (SHIB) price chart for January...

Will This Cycle Follow Dogecoin Past Rallies?

Dogecoin has upheld its standards so far this cycle, and analyst Bitcoinsensus has kept in touch with this sideways trend. In a Monday commentary, the...

Dogecoin Price Analysis for Jan 12: DOGE Must Close Above This Crucial Resistance

Dogecoin shows resilience but must close above key resistance to confirm a bullish reversal. Dogecoin has shown resilience, holding steady above $0.138 despite the latest...

Guides