Redhill Group CEO Predicts August Launch for Shibarium, Sees Shiba Inu Price Rally

Redhill Group CEO, Austin Hilton, gives estimate for Shiba Inu Shibarium launch, urges investors to seize opportunities as whales move massive token holdings.

In a recent video, Austin Hilton, CEO of The Redhill Group, a marketing agency, drew attention to a significant development in the Shiba Inu (SHIB) ecosystem. He dubbed the update “the truth” Shiba Inu enthusiasts much be aware of.

Shiba Inu Exposed: The Truth You Must Know! #shibainu #shibarmy @shibtoken #shibarium #bone #leash pic.twitter.com/1fsItxkMRy

— Austin Hilton (@austinahilton) June 30, 2023

Hilton highlighted the actions of whales shifting a massive 2.2 trillion SHIB tokens in the recent price rebound. The Crypto Basic captured a similar occurrence last week.

While Hilton acknowledged that the current price increase of 2.6% may seem insignificant, he emphasized the importance of paying attention to the bigger picture. He urged viewers to focus on the activity and opportunities surrounding the SHIB token, particularly concerning the upcoming launch of Shibarium.

Shibarium May Launch Mid-August

According to Hilton’s estimations, Shibarium, the anticipated scaling solution within the Shiba Inu ecosystem, could launch in mid-August. Although no specific date has been confirmed, there have been hints from Shytoshi Kusama, the Shiba Inu lead developer, and the community, creating excitement among SHIB token holders.

Notably, the Shiba Inu team recently detailed the working mechanism of Shibarium and its benefit to the Shiba Inu ecosystem, as The Crypto Basic reported.

Shiba Inu Potential 

Hilton stressed the importance of being proactive and taking advantage of the current opportunities before Shibarium goes live. He cautioned against waiting until the launch event, as it might be too late to benefit from the immediate market response. 

Furthermore, Hilton highlighted the role of the Shiba Inu ecosystem token BONE, currently trading at $0.94. With Bone set to become the gas token for Shibarium, Hilton emphasized the potential for its value to increase significantly. 

Comparing it to the early days of Ethereum, he encouraged viewers to recognize the opportunities presented by Shibarium.

Hilton concluded that he is taking action by accumulating more BONE and LEASH. He clarified that Shiba Inu did not sponsor his video. However, investors should not consider this investment advice because market trends are largely unpredictable.