Shiba Inu: Shibarium Unveils YouTube Channel Featuring Three Video Releases

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Shiba Inu (SHIB) has recently introduced a fresh YouTube channel that centers around its layer-2 network known as Shibarium. This “Shibarium Tech” channel currently hosts three newly uploaded videos, each featuring distinct animations. The videos were all posted a few hours ago, indicating the platform’s commitment to providing up-to-date content. Notably, SHIB influencer “LUCIE” has hinted at exciting developments, stating that the team is actively working on something innovative and promising within the Shibarium ecosystem.

The initial clip on the “Shibarium Tech” YouTube channel is an 8-second video showcasing the Shibarium logo highlighted with a green tint. The video concludes with the phrases “Shibarium Technology” and “L2 WITH $BONE AS GAS FEE TOKEN,” hinting at the layer-2 technology of Shibarium and the utilization of $BONE as the gas fee token.

As for the second video, it is a 5-second snippet also displaying the Shibarium logo. The video concludes with “Burn $SHIB on Every Transaction.” This suggests that Shibarium is introducing a new mechanism to burn Shiba Inu (SHIB) tokens with every transaction made on the network. Reports and speculations have surfaced regarding the potential burning of trillions of tokens each month through the new network, aiming to decrease the circulating supply of SHIB and consequently foster increased demand.

Read Also: New Milestone for Shibarium as Testnet Crosses 31M+ Transaction

Shibarium Tech Teases with Intriguing Videos

In contrast, the third video presents a captivating 3-D environment exhibiting vibrant balls rolling along various tracks. The video culminates with the phrase “Summer of Shibarium Tech,” suggesting exciting developments and advancements to be anticipated in the realm of Shibarium during this season.

It is essential to highlight that all three videos share the title “July 24, 2023.” This has sparked speculations within the community that the team might be planning to unveil the Shibarium network on this specific date. However, it is worth noting that the team has not explicitly confirmed this assumption, leaving enthusiasts and followers eagerly awaiting further updates and announcements regarding the official launch.

Shibarium Launch Date Still Uncertain as Excitement Grows

Although SHIB’s upcoming Shibarium launch has ignited considerable excitement within the community, the team must provide a specific launch date. Speculations have circulated that the network might debut in August, possibly during the Blockchain Futurist Conference. However, there is no official confirmation regarding this speculation either.

SHIB lead developer Shytoshi Kusama mentioned that the highly anticipated network could be introduced sometime between June and August. Hence, the team may pleasantly surprise the community with today’s unexpected launch.

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Read Also: Shiba Inu Price Unaffected by Significant Voyager Dump of 320 Billion SHIB Tokens

As of the latest update, SHIB was trading at $0.00000771, reflecting a 1.16% decrease in the last hour. Meanwhile, BONE, the gas token for Shibarium, was trading at $1.28, experiencing a marginal 0.3% decrease in the same time frame. The fluctuating prices add to the anticipation surrounding Shibarium’s release and its potential impact on the SHIB ecosystem.

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