But unfortunately, this was not the case.Ī day later, on 29 September, #pepe retraced more than 3%. Seeing the trajectory, the bulls might have geared for further gains. On 28 September, the memecoin jumped more than 12% in value, as per data from CoinMarketCap. PEPE’s starts on a promising note, will its gains continue? 🐸
At the time of writing, the meme coin is trading at $0.00000821. Today, the price of SHIB has increased by more than 6% after dropping 30% since Aug. 16, when the testnet resumed work after being paused for a few days before the first launch of Shibarium. The daily number of transfers on Puppynet has been stable, around 175,000-173,000 per day, since Aug. Puppynet has recorded more than 33 million transactions so far, showing the high utility of SHIB. Puppynet is a platform where users can test the features of Shibarium before they go live. While Shibarium mainnet is getting ready for its second launch, its testnet Puppynet is continuing to show impressive results. He said that Shibarium is now running in private mode for a final test and will soon be open to the public. Shytoshi Kusama, the head of SHIB developers, has been updating the users on the progress of Shibarium. The SHIB team is collaborating with Unification Fund and Alchemy, two leading blockchain companies, to make Shibarium more efficient and reliable. The SHIB team had to pause the operations and work on improving the performance of Shibarium. However, the first launch of Shibarium faced some technical difficulties due to the high demand from the users.
Shibarium will allow faster and cheaper transactions for SHIB and other tokens. This is not surprising, considering that SHIB is preparing to launch its own Layer 2 blockchain called Shibarium. Now, there are 2,418,287 people who hold SHIB tokens.
Shibainu SHIB community expands, Shibarium gets ready for launchĪccording to CryptEye, a website that tracks crypto data, the total number of SHIB holders has risen by almost 1,000 in one day. The number of people who own SHIB tokens has increased significantly in the last 24 hours. #Shibainu, the popular dog-themed cryptocurrency, is growing its loyal fan base every day.
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