HomeNewsShiba Inu's Shibarium Launch on the Horizon as Historic Milestone Hits -...

Shiba Inu’s Shibarium Launch on the Horizon as Historic Milestone Hits – Is SHIB Ready to Crush Another Zero?

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  • The Shibarium beta Puppynet, a crucial part of Shiba Inu’s ecosystem, has exceeded 24 million transactions, marking an important achievement.
  • Shiba Inu’s project lead, Shytoshi Kusama, tantalizes the community with hints about upcoming developments and potential use cases for Shiboshi.

Marking a new chapter in the evolving narrative of Shiba Inu’s blockchain project, the Shibarium beta Puppynet has recently achieved a significant milestone. Surpassing the 24 million transaction mark, the Puppynet testnet exemplifies the accelerating momentum of this innovative ecosystem since its inauguration on March 11th.

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According to Puppyscan, the total transaction count now stands at 24,617,503, showing an increase of over two million within just a few days. Complementing this growth, the number of processed blocks has reached 1,438,226, and wallet addresses have risen slightly to 16,969,771.

On the development side, Unification, the Shibarium builder, has updated the community on the status of the beta testnet, Puppynet. A work in progress (WIP), the out-of-order/Verifiable Random Function (OoO/VOR) for the Shibarium beta testnet, is anticipated to be rolled out and the specifics disclosed by month-end.

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Furthermore, the Sepolia xFUND Test token is promised to be bridged to any potential future Shibarium public beta testnet, hinting at faster deployment times. Anticipation is mounting within the teams, including Shibarium, as they prepare for significant updates for their communities.

UNoDE, another development in the works, is proceeding privately with significant internal growth. The project is developing native support for Shibarium partners.

In the midst of these advances, Shiba Inu lead, Shytoshi Kusama, shares insights about Shibarium while introducing “Shibacals,” a tangible component of the Shiba Inu ecosystem. Indicating that the decentralized teams are close to finishing Shibarium, Kusama foreshadows the utility of BONE as the gas token for the Layer 2 blockchain.

BONE’s value has witnessed a substantial upsurge over the past week, driven by the ongoing progress in Shibarium development. With a notable 31.14% rise in seven days, BONE now trades at $0.952. Concurrently, Shiba Inu has also seen a price hike, standing 8% higher within the same time frame.

Kusama has also been stirring curiosity through cryptic social media posts, hinting at a forthcoming collaboration involving Shiboshi, Kanpai agency, and tech project Bad Idea AI. These updates underscore the dynamism of Shiba Inu’s ecosystem, fueling anticipation for the upcoming “lovely” development, a potential landmark in the Shiba Inu story.

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Jane Smith
Jane Smith
As a Bitcoin Journalist, I am dedicated to reporting the latest developments in cryptocurrency, with a particular focus on Bitcoin. Through extensive research and interviews with industry experts, I provide accurate and up-to-date information on the ever-evolving world of cryptocurrencies. My goal is to help readers stay informed and make informed decisions regarding their investments in this rapidly changing field.
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