The Shiba Inu community is abuzz with anticipation as the team drops tantalizing hints about the long-awaited Shibarium mainnet release scheduled for this week.

All eyes are on the upcoming Blockchain Futurist Conference and ETH hackathon in Canada, where the official debut is expected to unfold.

As the cryptocurrency market experiences sideways movement after the U.S SEC’s delay in the spot Bitcoin ETF announcement, SHIB‘s upward price trend is capturing attention and raising expectations.

The Shiba Inu team has set the stage for a significant announcement, with a strong indication that the Shibarium mainnet will make its debut during the Blockchain Futurist Conference in Toronto, Canada, on August 15–16, 2023.

As excitement mounts within the community, traders and enthusiasts eagerly await the unveiling of this highly anticipated milestone.

In contrast to the broader cryptocurrency market’s lateral movement following the U.S SEC’s spot Bitcoin ETF delay, SHIB’s price has been on an upward trajectory in recent days, fueling speculations about the Shibarium release.

The official SHIB Twitter account further stoked excitement with a cryptic “Soon” tweet, adding to the intrigue surrounding the impending event.

The approaching Shibarium debut has sparked significant anticipation among traders, marked by notable developments in the SHIB ecosystem.

Notably, a transfer of 18,702,159 SHIB tokens to a dead wallet was observed on the $SHIB burn tracker. With traders eagerly awaiting the Shibarium release, the potential impact on SHIB’s price remains uncertain, and heightened volatility is anticipated.