Puppynet The testnet of the Shibarium network, known as the “Shibarium” network, has aroused interest in the blockchain community, passing more than 20 million transactions from an impressive number of 16 million wallets. This increase in activity points to a potential demand for the network. This could lead to an increase in the value of SHIB and BONE tokens, which are integral components of the Shibarium ecosystem.
Like Puppynet, testnets are essentially experimental playgrounds for blockchain networks and are built to reflect activity on the mainnet. This emulation allows developers to identify, troubleshoot, and fix potential issues while examining network activity before a wider release.
Data from Puppynet blockchain crawlers reveals the impressive speed of the network, showing the average transaction time to be five seconds. Also, on-chain data revealed that a key SHIB investor added another $10 million worth of tokens to its holdings on Monday. This brought the investor’s total SHIB holdings to a staggering 5.3 trillion SHIB, equivalent to $35 million at current rates.
Evolution of Shibarium, shiba inu It is seen as an important step for the ecosystem. What started out as a meme coin inspired by the popular Shiba Inu dog breed has slowly turned into a serious blockchain project, making waves in the crypto community.
Increasing the excitement shibarium, also announced plans for a virtual terrain metaverse, scheduled for partial release later this year. This innovative initiative will allow users to create their own avatar designed as humanoid dogs that they can explore, interact with lands and contribute to the in-game economy.
The intriguing mix of high activity on Puppynet, the massive token purchase by the SHIB whale, and the planned release of the metaverse mark a significant leap forward for the Shibarium network. It sets a potentially solid stage for a mainnet debut in the coming months.
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