The Shiba Inu team has hinted at the upcoming release of the Shibarium mainnet, which was confirmed by lead developer Shytoshi Kusama at the Blockchain Futurist Conference and ETH hackathon in Canada. The price of the SHIB token has been steadily increasing in the lead up to the release, while the rest of the crypto market remains stagnant. The Shib Token official Twitter account has teased the launch with a "Soon" comment, and a recent transfer of SHIB to a dead wallet has sparked speculation about how the Shibarium launch will affect the token's price. Traders are eagerly awaiting the release, with the possibility of a 12.8% jump in price if the memecoin breaches $0.0000105.