SHIB enters critical zone, Shibarium beta launch might happen this week?

SHIB enters critical zone, Shibarium beta launch might happen this week?

February 19, 2023

By Michael Nderitu

Read Shiba Inu [SHIB] price prediction 2023-2024

Reportedly, Shibarium beta launch might happen this week.

Shiba Inu may potentially experience a demand reboot as hype starts to build up.

Shiba Inu [SHIB] might be headed for another demand shock and it mostly has to do with the Shibarium beta potentially going live this week.

The hype around the much-awaited event is starting to build up following expectations that Shibarium will roll out this week.

The heavy expectations within the Shiba Inu community are based on multiple factors. One of the leading authorities on SHIB and Shibarium-related news recently reported that lead developer, Shytoshi hinted that the launch is coming this week.

In addition, Shytoshi recently turned off messaging on the official Shibarium telegram channel. He also noted that messages will be reactivated once all the Shibarium documents are ready.

While not much else was revealed, these actions did pave the way for speculation that the decision is a move to eliminate noise and misinformation ahead of the official launch of the L2 network’s beta version.

Understanding the growing hype and potential impact

The hyped event can potentially kickstart the next bullish wave for SHIB. The latest WhaleStats data already confirmed that SHIB was the third most used smart contract among the top 2000 ETH whales in the last 24 hours.