Shiba Inu presents the long-awaited Shibarium Layer 2 solution at the Blockchain Futurist Conference and ETHToronto, igniting a new phase of hype for the SHIB price.

Shiba Inu presents the long-awaited Shibarium Layer 2 solution at the Blockchain Futurist Conference and ETHToronto, igniting a new phase of hype for the SHIB price.

Latest news from Shiba Inu: The highly anticipated Layer 2 solution Shibarium will be presented along with other groundbreaking developments at the upcoming Blockchain Futurist Conference and ETHToronto.

The Shiba Inu community is feverishly looking forward to August 15th and 16th, 2023, because these are the days when the ETHToronto and the Blockchain Futurist Conference will take place. Shiba Inu will be showcasing the long-awaited Layer 2 solution Shibarium here, along with other exciting developments.

Shiba Inu has established a strong presence in the crypto space as the title sponsor of the events. Shiba Inu lead developer Shytoshi Kusama emphasizes in a blog post the importance of these events as platforms for unveiling Shibarium, introducing SHIB projects, and introducing Treat.

The presentations, demonstrations and discussions at these events will shape the future of Shiba Inu decentralized finance and governance and provide an immersive experience for the SHIB community. The introduction of Shibarium will certainly be the focus, as it offers great potential for scaling Ethereum and innovative solutions for the Shiba Inu community.

However, the event does not focus exclusively on Shibarium. The SHIB brand projects, such as Shib the Metaverse, Shibacals, Shiba Eternity and Shiboshis, will also be presented. These projects show the versatility and vision of Shiba Inu.

New partnerships with Unification and Bad Idea.Ai will also be announced at the conferences. All projects that have expressed interest in collaborating with Shibarium Tech will also be presented.

Another important part of the events is the introduction of Treat, a central element of Shiba Inu's governance framework. Treat will be presented publicly for the first time at the Blockchain Futurist Conference. The SHIB community can expect an in-depth look at Treat’s functionality and its role in building the decentralized ecosystem at this event.

The recent Shiba Inu news also has an impact on the SHIB price. Since Kusama's blog post was published, the price has increased by around 3%. This suggests that another SHIB hype phase could be imminent. SHIB price is currently at $0.00000758 and is on the verge of a possible breakout from the descending trend channel that has existed since February. A clear rise above $0.000008 and a break above the 38.2% Fibonacci retracement level are needed to avoid a possible fakeout.

Overall, the upcoming events are of great importance for Shiba Inu. The presentation of Shibarium and other developments will revolutionize the Shiba Inu ecosystem and influence the future of decentralized finance and governance. The SHIB community can look forward to gaining new insights and experiencing possible impulses for the SHIB Prize.