Kusama

Bone

Shiba Inu

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 <p>The lead developer of ShibaSwap, Shytoshi Kusama hinted in a recent blog post that <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> could release in August 2023. According to the blog, <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> <strong>“will be likely”</strong> released at the Blockchain Futurist Conference in Toronto, Canada. The event is scheduled for August 15 and 16 and Shiba Inu has secured the title sponsorship. However, Shytoshi only teased the <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> release but he did not confirm that it would release next month.</p> 
 <p><strong>Also Read: Shiba Inu: Here’s a List of Upcoming Releases in the SHIB Ecosystem</strong></p> 
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  <img decoding="async" width="1024" height="809" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="" class="wp-image-104210 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp.webp 1024w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp.webp 300w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp.webp 768w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp.webp 380w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp.webp 550w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp.webp 800w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp.webp 1047w" data-srcset-img="https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp 1024w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp 300w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp 768w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp 380w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp 550w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp 800w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp 1047w" data-eio="j"> 
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   <img decoding="async" width="1024" height="809" src="https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp" alt="" class="wp-image-104210" srcset="https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp 1024w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp 300w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp 768w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp 380w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp 550w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp 800w, https://cdn.thebittimes.com/images/2023/07/31/efb2b785e2fb9f083ee2079a1f7ee6ed.webp 1047w" sizes="(max-width: 1024px) 100vw, 1024px"> 
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    Source: Coingecko 
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 <p>However, <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>’s governance token Bone skyrocketed in price after the blog post indicating that investors are bullish on SHIB. Bone spiked nearly 55% in the last 30 days going from a low of $0.90 to a high of $1.50. If Shytoshi confirms a tentative release date for <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> during the conference, SHIB may rally and delete it’s fifth ‘zero’.</p> 
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 <h2 class="wp-block-heading" id="h-shiba-inu-can-shib-reach-0-001-after-shibarium-launch">Shiba Inu: Can SHIB Reach $0.001 After Shibarium Launch?</h2> 
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  <img decoding="async" loading="lazy" width="1024" height="802" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="shiba inu moon rocket" class="wp-image-103185 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp.webp 1024w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp.webp 300w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp.webp 768w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp.webp 380w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp.webp 550w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp.webp 800w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp.webp 1040w" data-srcset-img="https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp 1024w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp 300w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp 768w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp 380w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp 550w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp 800w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp 1040w" data-eio="j"> 
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   <img decoding="async" loading="lazy" width="1024" height="802" src="https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp" alt="shiba inu moon rocket" class="wp-image-103185" srcset="https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp 1024w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp 300w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp 768w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp 380w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp 550w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp 800w, https://cdn.thebittimes.com/images/2023/07/31/4b59c263575123666deca4134a0180d3.webp 1040w" sizes="(max-width: 1024px) 100vw, 1024px"> 
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  <figcaption class="wp-element-caption">
    Source: freepik.com 
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 <p>Shiba Inu is currently trading at $0.000008 and needs to rise 13,000% to reach the $0.001 mark. That’s deleting three ‘zeroes’ in a short period after the <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> launch. While SHIB could delete its fifth ‘zero’ and trade with four ‘zeroes’ in the charts, reaching $0.001 remains highly unlikely.</p> 
 <p><strong>Also Read: Shiba Inu: You Could Make $7 Million if You Bought SHIB on ‘This Day’</strong></p> 
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 <p>The cryptocurrency markets remain in bearish territory with fears of a recession taking over the second half of the year. Even the king cryptocurrency Bitcoin is struggling to remain above the $30,000 mark and is slipping to $29,000 levels. SHIB could take years if not decades to reach the $0.001 mark and deliver a handful of profits.</p> 
 <p>However, the fate of SHIB’s price firmly depends on the scale of the burns from the <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> network. If <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> burns trillions of tokens every year, reaching $0.001 could be faster than imagined.</p> 
 <p><strong>Also Read: Shiba Inu: When Will SHIB Climb Above Its All-Time High of $0.00008616?</strong></p> 
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<div class="cs-entry__tags"> 
 <ul> 
  <li>shib</li> 
  <li>shiba inu</li> 
  <li>Shibarium</li> 
 </ul> 
</div>

Shiba Inu Geared Up For Shibarium Launch: SHIB To Reach $0.001 Soon?

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TheBitTimes

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