{"id":106998,"date":"2023-06-10T22:38:00","date_gmt":"2023-06-10T22:38:00","guid":{"rendered":"https:\/\/dripp.zone\/news\/should-shiba-inu-traders-be-worried-as-shibarium-launch-date-remains-uncertain-crypto-news\/"},"modified":"2023-06-10T22:38:02","modified_gmt":"2023-06-10T22:38:02","slug":"should-shiba-inu-traders-be-worried-as-shibarium-launch-date-remains-uncertain-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/should-shiba-inu-traders-be-worried-as-shibarium-launch-date-remains-uncertain-crypto-news\/","title":{"rendered":"Should Shiba Inu traders be worried as Shibarium launch date remains uncertain\n &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>\t\t\t\t\t\t<br style=\"clear: both; display: block; float: none;\"\/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">The Shibarium mainnet launch date is still being determined as the testnet grows.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">SHIB and BONE are in a bear trend as SHIB enters the oversold region.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The highly anticipated debut of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/shiba-inus-shibarium-should-l2s-delayed-launch-concern-your-bones\/\" data-wpel-link=\"internal\">shiba inu<\/a> Shibarium has sparked numerous conversations.  Initially, enthusiasts were led to believe that the launch would take place sometime between the second and third quarters of 2023. However, as we approach the conclusion of Q2, the specific date remains uncertain, as reported by a trusted Shiba Inu promoter.<\/span><\/p>\n<hr\/>\n<p style=\"text-align: center;\">read <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/predictions\/shiba-inu-price-prediction\" data-wpel-link=\"internal\">Shiba Inu (SHIB) Price Prediction<\/a> 2023-24<\/p>\n<hr\/>\n<h4><b>Shibarium launch date uncertain<\/b><\/h4>\n<p><span style=\"font-weight: 400;\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/LucieSHIB\/status\/1667208974213472256?t=g9Exs8d4ocUnpPUdp40-Iw&#038;s=19\" data-wpel-link=\"external\">LucieSHIB<\/a>a prominent promoter of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/shiba-inu-traders-bet-against-price-rise\/\" data-wpel-link=\"internal\">shiba inu<\/a>previously announced that the highly anticipated Shibarium mainnet was slated for release between Q2 and Q3 of 2023. However, recent updates from the same source indicated a potential delay in the launch date, casting doubt on its previous certainty. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite the uncertainty surrounding the mainnet launch, the testnet continued to progress, as confirmed by information from the Puppynet scanner.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As of this writing, the testnet witnessed an impressive number of transactions, surpassing 19.4 million.  Additionally, there were over 16.7 million wallet addresses and more than 1.2 million blocks. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the last Shibarium report, there were temporary disruptions with the Puppynet scanner, resulting in hours of downtime.  However, as of now, the scanner is operational once again, providing users with up-to-date information.<\/span><\/p>\n<h4><b>SHIB and BONE price trend<\/b><\/h4>\n<p><span style=\"font-weight: 400;\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/whats-next-as-shiba-inu-reverses-all-2023-gains\/\" data-wpel-link=\"internal\">shiba inu<\/a> experienced a notable decline in its price on the daily timeframe chart, with the cryptocurrency currently trading at a substantial loss of over 20%. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This decline has pushed <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/chatgpt-shiba-inu-price-prediction-11\/\" data-wpel-link=\"internal\">shib<\/a> into a strong bear trend, indicating a significant downward movement.  The Relative Strength Index (RSI) further confirmed the bearish sentiment, as SHIB dropped below 30 and entered the oversold zone.<\/span><\/p>\n<div id=\"attachment_319660\" style=\"width: 1500px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/SHIBUSD_2023-06-10_09-22-23.png\" data-wpel-link=\"internal\"><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-319660\" class=\"size-full wp-image-319660\" src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/SHIBUSD_2023-06-10_09-22-23.png\" alt=\"Shiba Inu SHIB\/USD\" width=\"1490\" height=\"716\" srcset=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/SHIBUSD_2023-06-10_09-22-23.png 1490w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/SHIBUSD_2023-06-10_09-22-23-300x144.png 300w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/SHIBUSD_2023-06-10_09-22-23-1024x492.png 1024w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/SHIBUSD_2023-06-10_09-22-23-768x369.png 768w\" sizes=\"auto, (max-width: 1490px) 100vw, 1490px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-319660\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">Simultaneously, the other ecosystem token, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/why-shibaswaps-limited-listing-remains-a-bone-of-contention-details-inside\/\" data-wpel-link=\"internal\">BONE<\/a>, displayed a lackluster price performance in the same timeframe.  As of this writing, it was trading at approximately $0.6, reflecting a loss of nearly 9%.  Like SHIB, this token was also in a strong bear trend, with its RSI below 40.<\/span><\/p>\n<div id=\"attachment_319661\" style=\"width: 1500px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/BONEUSDT_2023-06-10_09-27-36.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-319661\" class=\"size-full wp-image-319661\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Shiba BONE\/USD\" width=\"1490\" height=\"630\" data-lazy-srcset=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/BONEUSDT_2023-06-10_09-27-36.png 1490w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/BONEUSDT_2023-06-10_09-27-36-300x127.png 300w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/BONEUSDT_2023-06-10_09-27-36-1024x433.png 1024w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/BONEUSDT_2023-06-10_09-27-36-768x325.png 768w\" data-lazy-sizes=\"(max-width: 1490px) 100vw, 1490px\" data-lazy-src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/BONEUSDT_2023-06-10_09-27-36.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-319661\" class=\"size-full wp-image-319661\" src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/BONEUSDT_2023-06-10_09-27-36.png\" alt=\"Shiba BONE\/USD\" width=\"1490\" height=\"630\" srcset=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/BONEUSDT_2023-06-10_09-27-36.png 1490w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/BONEUSDT_2023-06-10_09-27-36-300x127.png 300w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/BONEUSDT_2023-06-10_09-27-36-1024x433.png 1024w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/06\/BONEUSDT_2023-06-10_09-27-36-768x325.png 768w\" sizes=\"auto, (max-width: 1490px) 100vw, 1490px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-319661\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">During the launch of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/shiba-inu-burn-rate-declines-amidst-shibariums-rapid-growth\/\" data-wpel-link=\"internal\">Shibarium<\/a> mainnet holds the potential to trigger a rally in these tokens, the prevailing uncertainty surrounding its release may have a negative impact on their value. <\/span><\/p>\n<hr\/>\n<p style=\"text-align: center;\">Is your portfolio green?  Check out the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/calculator\/shiba-inu-profit-calculator\" data-wpel-link=\"internal\">Shiba Inu Profit Calculator<\/a><\/p>\n<hr\/>\n<h4><b>SHIB&#8217;s burn rate surges<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Despite the significant decline in value, there was a notable spike in the burn rate of Shiba Inu.  According to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.shibburn.com\/\" data-wpel-link=\"external\">Shibburn<\/a> data, the burn rate of SHIB in the last 24 hours increased by an astonishing 4,000%.  As of this writing, the burn rate stood at an impressive 4,181.09%, and over 227.4 million. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/shiba-inu-in-liquidity-squeeze-end-of-the-road-for-shib\/\" data-wpel-link=\"internal\">shib<\/a> tokens have been burnt. <\/span><\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Shibarium mainnet launch date is still being determined as the testnet grows. SHIB and BONE are in a bear trend as SHIB enters the oversold region. The highly anticipated debut of shiba inu Shibarium has sparked numerous conversations. Initially, enthusiasts were led to believe that the launch would take place sometime between the second [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":106999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-106998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/106998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=106998"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/106998\/revisions"}],"predecessor-version":[{"id":107000,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/106998\/revisions\/107000"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/106999"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=106998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=106998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=106998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}