The Shiba Inu community has been buzzing with excitement at the news of Shibarium’s launch. And now, a new update on the layer-2 network has just dropped, convincing investors that SHIB’s price is about to explode to $0.001.

On Sunday, Jan 15 the team behind Shibarium published a blog, giving the community a first look at the Shibarium protocol. As per the blog, developers behind the much-anticipated protocol were “approaching the finishing touches for Shibarium’s Beta and its imminent launch.”

Addressing the incessant question of “wen” the launch will happen, the team, however, asked the SHIB army to be patient, stating that the phased release was not a matter of when but a matter of developing Shibarium correctly and introducing it responsibly.