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Shiba Inu Layer-2 Blockchain Shibarium To Launch Next Week Shibarium testnet “PuppyNet” hasn’t processed a block for the past 3 days. The last transaction happened on August 5, according to blockchain explorer Puppyscan. Interestingly, the Shibarium testnet was stopped after reaching the transactions milestone of 35 million and wallet addresses surpassing 17 million. advertisement Some members of the community speculate that the Shibarium mainnet release is imminent as validators are going live on the mainnet. While it doesn’t necessarily indicate whether the Shibarium mainnet preparations are completed, but it hints at a potential launch next week. Shibarium will soon be Live🥰 Validators going live on main net right now!! Next week is the ETH Toronto that everyone has been waiting for🎉# Shibarium #SHIBARMY https://t.co/BexEJqDqGD Recommended Articles ...

The massive unstaking of Shiba Inu tokens raised speculation in the community about whether the SHIB price to witness another liquidation. Shiba Inu (SHIB) Tokens Worth $32 Million Transferred to Binance Whale monitoring system Whale Alert in a tweet on June 9 revealed that 4,000,379,151,023 Shiba Inu ( SHIB ) tokens worth $31,709,005 were released from staking and transferred to Binance . The Shiba Inu community reacted to the massive transfer to Binance, speculating whether a price drop is coming. Typically, unstaking events of millions of SHIB tokens are normal. However, trillions of SHIB unstaking in a single transaction raise uncertainty as SHIB tokens could be dumped to exchange. The Shiba Inu community currently awaits the Layer-2 blockchain Shibarium mainnet launch, expected at the end of the year. Lead developer Shytoshi Kusama has hinted at the Shibarium launch soon but a lack of updates on the major event impacted SHIB and BONE prices. Recommended Arti...