Austin Hilton, CEO of The Redhill Group, recently highlighted an important development concerning the Shiba Inu (SHIB) world in a video. He called it "the truth" and said that Shiba Inu fans should be aware of it.
Hilton pointed out how whales had moved a huge amount of SHIB tokens (2.2 trillion) when the price of the cryptocurrency rose again. Last week, Crypto Basic noticed a similar phenomenon.
Hilton acknowledged that a 2.6% price increase may not seem significant, but he highlighted the need to consider the whole picture. He emphasized the potential of SHIB token, especially with the upcoming introduction of Shibarium.
Hilton's projections suggest Shibarium, the future expansion of the Shiba Inu network, may become available in the middle of August. No exact day has been announced yet; nevertheless, there have been clues from Shytoshi Kusama, the Shiba Inu lead developer, and the fan base, which has sparked anticipation among SHIB token holders.
The Shiba Inu team recently explained how Shibarium works and how it can be advantageous to the Shiba Inu community.
Hilton highlighted the need to act quickly and capitalize on the chances available before Shibarium is launched. He warned against postponing until the actual unveiling, as it may be too late to reap the benefits of the initial market reaction.
Hilton also discussed the Shiba Inu-based token BONE, which is currently trading at $0.94. He noted that BONE is destined to be the fuel for the Shibarium platform, and that this could translate to a considerable rise in its value.
He encouraged viewers to acknowledge the possibility that Shibarium provides, in comparison to Ethereum's early days.
Hilton noted that he was making preparations by getting more BONE and LEASH. He made clear that Shiba Inu had nothing to do with his video. Investors should bear in mind, though, that it's hard to accurately forecast market fluctuations, so they shouldn't take this as investment guidance.
HYIPer.net » Redhill Group CEO predicts that Shibarium will launch in August
