Crypto analyst and trader Ali Martinez, known for an active social media presence, highlights a significant surge in activity focused on the Shiba Inu (SHIB) token. According to Santiment data, SHIB holders have been making large transfers to their own wallets in July. This indicates that the community is eagerly awaiting the launch of Shibarium's mainnet, which has raised hopes for an expected SHIB price increase.

SHIB Holders Prepare for the Launch of Shibarium

The Shiba Inu community is actively preparing for the start of the Shibarium mainnet by moving their SHIB tokens to their personal wallets on a large scale. Analysts view this move as a positive sign of an imminent increase in SHIB's price.

SHIB Takes Center Stage at the Blockchain Futurist Conference

The Blockchain Futurist Conference, to be held in Toronto, Canada, in mid-August, will feature SHIB as one of the main sponsors. During the conference, the SHIB team will provide detailed information about the Layer 2 Shibarium blockchain and may announce its launch. #SHIBA

SHIB Team to Launch a Multi-participant Hackathon for SHIBARIUM

At the Blockchain Futurist Conference, the SHIB team will organize a multi-participant hackathon where developers can create original dApps using the Shibarium beta Puppynet. This event aims to promote SHIB-branded projects and encourage developer contributions to the network. #SHIBAINU #SHIBARIUM

Shibarium Update from the Mysterious SHIB Head Developer, Shytoshi Kusama

In a recently published blog post, the mysterious SHIB head developer, Shytoshi Kusama, revealed that the SHIB development team plans to mint the remaining supply of the Shibarium gas token BONE and abandon the BONE contract. This move is considered a significant step towards the launch of Shibarium, and BONE is expected to play a crucial role in technology governance within the new system.

In Summary

As the SHIBA INU community eagerly awaits the launch of Shibarium, significant developments such as SHIB token taking the spotlight at the Blockchain Futurist Conference and updates from the enigmatic SHIB head developer, Shytoshi Kusama, are drawing attention. These developments provide important clues about the future of the SHIB ecosystem and bolster the community's hopes. $SHIB