Shiba Inu Inventor Announces: Big News Could Come Today!

Shiba Inu (SHIB) lead developer Shytoshi Kusama is getting ready to break the big news. He said yesterday on Twitter that he has a lot to share tomorrow.

The Shiba Inu founder has something to say

Shytoshi Kusama, the lead developer of Shiba Inu (SHIB), is preparing to make some important announcements in 24 hours. The announcement is expected to come in the form of a blog post, as Shytoshi Kusama recently posted a tweet. Kusama wrote on Twitter yesterday:

The Shiba Inu community is excited after the tweet. Many guess that Shytoshi Kusama will share the “Shibarium Documents”. As we have reported, Shytoshi Kusama shared a video featuring the RedBull brand in the past months. This sharing from Twitter caused the expectation of a partnership among the community. However, the developer did not make any statement about this intriguing video.

What will Shytoshi Kusama reveal?

The community agrees on some guesses as the Shiba developer spoke after revealing his plan to release the Shibarium testnet. Most people are hoping that there is a 99% chance of releasing an official “Shibarium Documentation” via the upcoming blog post. The FUND TestNet upgrade includes the much anticipated IBC/Gravity/wFUND updates.

Meanwhile, rumors of the release of the Shibarium Layer-2 solution are circulating all over social media.

Even UnificationXFUND, which contributed to the development of Shibarium, recently released an update about Shibarium on June 24.

In a recent medium blog post, XFUND has officially confirmed that the Shibarium Private Alpha TestNet has been running successfully for the past few weeks, allowing the developer team to build the necessary support tools prior to the public Beta TestNet deployment. The company also states that its development team is busy developing the wallet app. XFUND also shared details about its core tool, the wallet app, via an official blog post, saying:

The primary tool under heavy development is the wallet application, which is intended to be an all-inclusive application that covers bi-directional asset transfers between L1 and L2, asset transfers at all relevant levels, staking/delegation, and Shibaswap in future releases. Integration that will also be deployed in L2.

Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC)

Is the upcoming announcement about RedBull?

At the same time, XFUND is announcing its plan to deploy the Shibarium Public Beta TestNet in the third quarter with the FUND TestNet upgrade, which includes the much anticipated IBC/Gravity/wFUND updates. The upcoming announcement may have RedBull features:

Besides Shibairum, the community also speculates that the upcoming announcement could be related to the SHIB x RedBull partnership. However, the chances are low as there has been no official update on the meeting since May 19, when RedBull scheduled a meeting with Shiba Inu’s team via chat for the first time.

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Larry Brown

I graduated from Yale University, Department of Television. I have been a professional news writer for 3 years. I am continuing my career here by establishing site 3 months ago.