The activities done by people on shiba inu’s layer-2 testnet blockchain confirmed that the Shibarium blockchain will grab huge adoption in the crypto sector, after the mainnet launch.
Shibarium is a layer-2 blockchain network, which aims to provide scalability to the Ethereum blockchain & also to run the Shiba Inu (Shib) token on the native network, to overcome the challenges of high Ethereum network fees issues for the Shiba inu holders. However, the Shibarium blockchain is powered by the Shiba inu project team but the Shib token will grab no new utility case on the Shibarium network.
So far the Testnet version of the Shibarium blockchain is available to test for individuals & developers. In early March of this year, the team announced the launch of the Shibarium beta testnet version.
At the time of publication of this article, a total of 9,859,622 transactions has been completed by the testers.
The total surge in the network test activities surged by nearly 1 fold within 30 days, as this number was 4.4 million in late April.
Shytoshi Kusama, the pseudonymous developer in charge of the project, warned people not to spend Shiba inu to purchase Puppynet tokens because Puppynet is a testnet purposed test token and it will result in nothing in the future.
Shiba inu token price
The current trade price of the Shiba inu token is $0.00000867 & this trade price is 1.42% down over the last 7 days of trade price.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.