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You are here: Home / Cryptocurrency News / Altcoin News / Shiba Inu: Will Elon Musk Make An Appearance At Shibarium’s Launch? Know Details

Shiba Inu: Will Elon Musk Make An Appearance At Shibarium’s Launch? Know Details

By Lipika Deka | Edited By Lipika Deka,August 2, 2023, 3:00 AM

Shiba Inu: Will Elon Musk Make An Appearance At Shibarium's Launch? Know Details

Shiba Inu’s upcoming layer-2 mainnet launch has already generated a ton of excitement within the SHIB community. But now fans are even more stoked after its project lead, Shytoshi Kusama, sent a cryptic invitation to DOGE evangelist Elon Musk to attend the Blockchain Futurist Conference in Canada, where Shibarium is slated to be introduced.

Musk tweeted a picture of him donning a t-shirt that said, I love Canada. Kusama seized the chance to say “See you at the Blockchain Futurist Conference”. While the tech billionaire has not yet responded to the invitation, the tweet garnered huge attention, with many hoping to get a glimpse of the much-celebrated guest.

Credit: https://www.britannica.com/

The SHIB Army became interested when Musk recently mentioned Shiba Inu during a playful Twitter conversation about the platform’s move to X. Initially, one of Musk’s fervent supporters tweeted that he would continue to surf the site for 6 hours a day even if it converted to a donkey. “We temporarily rebranded as a Shiba Inu dog, “No effect,” Musk said in response.

It is important to note that the remark was about the dog breed rather than the crypto asset specifically. But this nonetheless started a lengthy conversation with a SHIB influencer who took the chance to share her ideas on how Shiba Inu could help Twitter in the ‘X’ era and how the two most popular meme coins may eventually start a mutually beneficial alliance.

Shiba Inu Project Lead Drops Crucial Update

Barely weeks away from the Shibarium debut, Kusama revealed the crucial step that would firmly establish the operations of the upcoming Layer 2 blockchain as the meme token ecosystem accelerates into a new era. In order to stop further minting, the team will resign the BONE contract in the following days and mint the last of the governance token, BONE.

This is a necessary step to starting our blockchain, as a significant portion of BONE is allocated to the first role in our upcoming system, VALIDATORS. Bone will also serve as your passport to the future, being the token DELEGATORS bury to get a portion of rewards, the GAS TOKEN FOR shipping, AND technology GOVERNANCE within our new system.

Filed Under: Altcoin News, Cryptocurrency News

About Lipika Deka

Lipika is a crypto-journalist at TWJ. A graduate in economics and finance, she has a keen interest in the political and socio-economic facets of blockchain technology and the cryptocurrency industry.

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