Possible if the demand surges and it's going to all lie down with that. An update for a project like this, if the interesting part is being made then you'll see if the investors are going to bite it.
I know that there are still a lot of investors for shiba and having such an update might keep on giving them hope that it will recover. And as we're approaching to the possible next bull run, nobody knows until we gotta see the pump after this news has been released.