Over the past few weeks, the latest happenings in the Shiba Inu ecosystem seemed to gear towards the long-anticipated Shibarium launch. In previous reports, the Shibarium got highlighted constantly as one of the welcome developments that would be crucial for Shiba Inu (SHIB) turnaround.
Intriguingly, in the latest development, Austin Hilton, CEO of a marketing agency, The Redhill Group, shared a video on his verified Twitter account, bringing the attention of his 56.6k followers to a significant and new development in the SHIB’s ecosystem.
Read Also: A Closer Look Into Shiba Inu (SHIB) Potential in July: Is It Worth Buying? Details
In the video shared by Austin, titled “Shiba Inu Exposed: The Truth You Must Know!” The Redhill Group CEO pinpointed the actions of whales, diverting about 2.2 trillion Shiba Inu coins in the recent price rebound.
In addition, Austin maintained that the present price increment might appear insignificant, stressing the importance of the need to pay details to the broader picture, such as focusing on opportunities and activities revolving around SHIB coins, especially with Shibarium’s release in sight.
While discussing a possible Shibarium launch date, Hilton hinted that the Shiba Inu scaling solution could launch in mid-August. Notably, the Shiba Inu team lead developer, Shytoshi Kusama, also attested to the fact that the Shibarium completion is imminent.
Hilton emphasized the need to delve into the Shiba Inu investment scheme now, as profiting from the project’s immediate market response might be too late.
Also, the CEO acknowledged the significant role of the Shiba Inu ecosystem token, BONE, which currently sells for $0.952172. Hilton noted that should BONE succeeds in becoming the gas token for Shibarium, it could be an avenue to boost the token’s value.
Read Also: A Closer Look At Potential Return of $100 Shiba Inu Investment If SHIB Hit $0.001
Hilton compared Shibarium to Ethereum (ETH) early days, urging viewers to ensure they grab the opportunity that the Shibarium seems to be presenting.
In conclusion, Hilton revealed that he is taking the bold step of stacking LEASH and BONE coins, also noting that his video is not a form of paid advertisement for Shibarium and, at the same time, warned investors of the need for proper research before investing as the crypto market could be wild at times.
Follow us on Twitter, Facebook, Telegram, and Google News
XRP is experiencing a historic rally in the cryptocurrency market, fueled by optimism over regulatory…
The cryptocurrency landscape is abuzz with anticipation as certain tokens hint at remarkable growth. Memecoins…
Crypto analyst EGRAG Crypto recently shared a detailed chart on social media, analyzing XRP’s price…
A recent analysis shared by Full Stack Developer Nerdyx has sparked discussions within the cryptocurrency…
David Schwartz, Ripple's Chief Technology Officer, has reignited discussions around XRP's role in global finance…
A significant transfer of Shiba Inu (SHIB) tokens has captured the attention of the cryptocurrency…