Shiba Inu’s Kusama Drops Hints on Shibarium Release, BONE Spikes by 9.5%

Vignesh Karunanidhi
Shiba Inu’s Kusama Drops Hints About Shibarium Release, BONE Spikes by 9.5%
Source: NewsBTC

Shytoshi Kusama, the lead developer of Shiba Inu, has apparently acknowledged the upcoming release of the Shibarium public beta testnet within the next week, according to social media reports and rumors. It all began when YourPOP, a Shiba Inu community member and Twitter user, tweeted about Kusama, stating that the Shibarium beta would be launched next week.

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But Shibarmy Canada tweeted about YourPOP and asked the community to be cautious as no official announcement has been made. However, Kusama replied to the tweet, stating that they owe an apology to YourPOP if he is right.

Rumors about the Shibarium Public Beta Testnet have quickly spread on social media, with numerous tweets and retweets spreading this information.

However, Shiba Inu’s Kusama has not formally publicized the launch of the Shibarium Beta on any channel, nor has he released any related blog posts or tweets, with the exception of one tweet reply. Before making any investment or trading decisions, it is advised to exercise caution and wait for an official announcement.

Shiba Inu’s BONE spikes by 9.5% following the rumors

Following the circulating speculations, the price of Bone ShibaSwap has shot up by 9.5% in the last 24 hours. According to CoinMarketCap data, BONE traded at $1.63 at press time. The market cap of BONE has spiked by 9.4% along with the 24-hour trading volume, which spiked by 26.7%.

Source: CoinMarketCap

Whales have been evidently accumulating BONE, anticipating the launch of Shibarium. However, Shiba Inu has not exhibited a major price change as it trades at $0.00001327 at press time, with a 0.78% spike in value over the last 24 hours.