Stablecoin

Eternity

Bitcoin

Realm

Shiba Inu

<div class="watcher-guru"> 
 <p>In 2022, the Shiba Inu team undertook various projects, including the Shiba Eternity game and the SHIB metaverse, which generated anticipation for the upcoming introduction of <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>. However, the launch of <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> faced delays, influenced by multiple factors.</p> 
 <p>On March 11, <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>’s Puppynet was successfully launched and has since shown substantial advancement. The Shiba Inu <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> testnet has demonstrated commendable transaction processing capabilities since its inception.</p> 
 <p><strong>Also read: BlackRock Bitcoin ETF Approval Is a Matter of “When, Not If,” Insiders Say</strong></p> 
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 <p>However, according to the latest data from Puppyscan, there has been no activity on Puppynet over the last three days. The data shows that there has been no change in the number of transactions, blocks, or wallets. It appears that the <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> Beta Puppynet has been suspended.</p> 
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  <img decoding="async" width="621" height="412" src="https://cdn.thebittimes.com/images/2023/08/09/8e7721b8d6327cddc625f13449ab6d15.webp" alt="" class="wp-image-105941" srcset="https://cdn.thebittimes.com/images/2023/08/09/8e7721b8d6327cddc625f13449ab6d15.webp 621w, https://cdn.thebittimes.com/images/2023/08/09/8e7721b8d6327cddc625f13449ab6d15.webp 300w, https://cdn.thebittimes.com/images/2023/08/09/8e7721b8d6327cddc625f13449ab6d15.webp 380w, https://cdn.thebittimes.com/images/2023/08/09/8e7721b8d6327cddc625f13449ab6d15.webp 550w" sizes="(max-width: 621px) 100vw, 621px"> 
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    Source: Puppyscan 
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 <p>The data shows that the number of transactions remains at the 35 million level. This could well be due to the much-awaited launch of <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>, which is expected to happen soon.</p> 
 <p><strong>Also read:&nbsp;PayPal Enters Stablecoin Realm With PYUSD</strong></p> 
 <h2 class="wp-block-heading" id="h-shiba-inu-s-burn-rate-drops">Shiba Inu’s burn rate drops</h2> 
 <p>Recent data from Shibburn indicates a sharp decline of -29.49% in the burn rate of Shiba Inu within the past 24 hours, possibly due to the <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> Beta Puppynet being suspended. The data shows that during this period, only 45.1 million SHIB went to dead wallets. </p> 
 <figure class="wp-block-image size-full"> 
  <img decoding="async" loading="lazy" width="544" height="301" src="https://cdn.thebittimes.com/images/2023/08/09/b2ef052b067fc73d153c01c332f11330.webp" alt="" class="wp-image-105943" srcset="https://cdn.thebittimes.com/images/2023/08/09/b2ef052b067fc73d153c01c332f11330.webp 544w, https://cdn.thebittimes.com/images/2023/08/09/b2ef052b067fc73d153c01c332f11330.webp 300w, https://cdn.thebittimes.com/images/2023/08/09/b2ef052b067fc73d153c01c332f11330.webp 380w" sizes="(max-width: 544px) 100vw, 544px"> 
 </figure> 
 <p>The Shiba Inu burn rate has been consistently on a downward trend in the past few weeks. However, the launch of Shibarium is expected to ramp up the burn game.</p> 
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<div class="cs-entry__tags"> 
 <ul> 
  <li>PUPPYNET</li> 
  <li>shib</li> 
  <li>shiba inu</li> 
  <li>Shibarium</li> 
 </ul> 
</div>

Shibarium Beta Puppynet Activity Suspended: Launch Nears?

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TheBitTimes

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