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Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
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Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

Shibarium Reaches New Milestones As Anticipation Builds For Mainnet Launch

Samuel Edyme
Samuel Edyme
1 year ago
2 mins read
Shiba Inu

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The Shiba Inu community continues to mark new milestones with its testnet, Shibarium, as a steady surge of users links their crypto wallets to the network. Shibarium’s testnet, also known as Puppynet, launched on March 11 and has seen an increase in overall transaction count over the past 24 hours.

Shibarium added almost a million transactions in a single day, catapulting past the 27 million mark and setting a new record. On June 13, a peak of 324,000 transactions was recorded, after which it slightly decreased over the following days. However, since June 19, the daily transactions have hovered around the 274,000 mark.

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1 year ago

Consistent Growth In Wallet Links And Blocks

Alongside transaction growth, the number of wallets linked to Shibarium continues to rise, albeit slower, according to Puppyscan data. The current count of linked wallets is over 17 million, with no substantial spikes recorded recently.

The total blocks have increased to surpass 1.56 million, and the time required to create a new block has been reduced to 8.3 seconds.

Notably, the community anticipates the official launch of Shibarium’s mainnet, with excitement fueled by a statement from the lead developer of Shiba Inu and Shibarium, the elusive Shytoshi Kusama. The developer informed the SHIB army about the planned “launch strategy” for Shibarium, noting that the date and time have been confirmed.

The community speculates that the Shibarium mainnet could be launched between August 13 and 16 in Toronto, Canada, during the annual ETHToronto event. This event celebrates the creation of Ethereum, and given SHIB’s original launch on this blockchain, the community believes it would serve as a fitting tribute to Ethereum and its founder, Vitalik Buterin.

Awaiting The Launch Of Shibarium Mainnet

Kusama recently dropped a hint in a Telegram channel solely for Shibarium discussions, possibly confirming the theory regarding the mainnet’s launch date and location. Before this, he disclosed that Shiba Inu was “going somewhere” and clarified that this location would be outside the United States.

Related Reading

Shiba Inu Shibarium launch date

Shiba Inu Lead Dev Teases Shibarium Launch, How High Can SHIB Rise?

1 year ago

Regardless, Shiba Inu (SHIB) has been in a downward trend over the past 24 hours. The dog-themed meme coin has declined by nearly 4% and is currently trading for $0.00000745 at the time of writing. However, over the past week, SHIB’s market capitalization has surged by $200 million.

Shiba Inu (SHIB) price chart on TardingView
Shiba Inu (SHIB) price is moving sideways on the 4-hour chart. Source: SHIB/USDT on TradingView.com

The asset’s trading volume has also recorded a slight surge in the past week from $100 million seen last Wednesday to $117 million in the past 24 hours.

Featured image from Shutterstock, Chart from TradingView

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Samuel Edyme
Samuel Edyme

Samuel Edyme

Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others.

Read more

Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis.

Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events—like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his keen sense of market dynamics.

When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he’s catching some Z’s or scrolling through Elon Musk’s very own X platform—(oops, another screen activity, my bad…)

Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters—(don’t judge, that’s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or “kaizen,” striving to be 1% better every day. His mantras, “God knows best” and “Everything is still on track,” reflect his resilient outlook and how he lives his life.

In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He’s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for a pay cut just to prove a point—(uhhh…). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.

Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds” that resonate deeply with him: “What you think's probably unfeasible, I've done already a hundredfold.”

PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate the opp.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

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