Shiba Inu Blockchain and Price Analysis Amidst Legal Battles and Market Recovery

1 min read
Source: CoinDesk
TL;DR Summary

The Shibarium testnet, Puppynet, has recorded over 20 million transactions from 16 million wallets, indicating demand for the network and potentially boosting the value of SHIB and BONE tokens. The average transaction time was five seconds. One of the biggest SHIB investors added another $10 million worth of tokens to their holdings, bringing their total to 5.3 trillion SHIB. Shibarium is a major development for the Shiba Inu ecosystem, with a virtual land metaverse planned for partial release later this year.

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