Heralded Development for the Shiba Inu: Growth Rate Exploded!

Testnet Wallet Transactions over 4,400,000 shiba inu The growth rate of the (SHIB) tier-2 project exploded.

New data, testnet of Shibarium, Shiba Inu’s (SHIB) new layer-2 scaling solution Puppynet It shows that a large amount of transactions have been made on it.

According to blockchain browser Blockscout, more than 4.4 million transactions have been processed through Shibarium’s testnet since its launch in beta form in March. This figure has quadrupled in less than a month.

shibariumIt is built on Ethereum (ETH) of the Shiba Inu ecosystem. It is new layer-2 protocol similar to Polygon (MATIC). Puppynet is Shibarium’s testnet before the mainnet was launched.

According to Shibburn, more than 410.6 trillion Shiba Inu tokens have been permanently burned from the asset’s supply.

According to Shibburn, at the time of writing, the rate at which the Shiba Inu was cremated had increased by 17.5% over the past 24 hours to over 9.4 million SHIB.

IntoTheBlock found that about 69% of SHIB holders were submerged in their investments, while 15% made a profit. 68% of total SHIB holders have held the meme token for over a year.

The Shiba Inu is trading at $0.00000154 at the time of writing, down 6% in the last 24 hours.

Holders of SHIB’s rival meme token Dogecoin (DOGE) are better off.

According to IntoTheBlock, 53% of DOGE holders are in profit and 36% in loss. 71% of total DOGE holders have held their tokens for at least a year.

At the time of this writing, DOGE was worth $0.0837, down 3.5% in the last 24 hours.

You can find the current market movements here.

source site-7