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Shibarium Testnet Hits 14 Million Wallets as Shiba Inu Prepares for Mainnet Launch

Shibarium Testnet Hits 14 Million Wallets as Shiba Inu Prepares for Mainnet Launch

Based on the data provided by Puppyscan, the number of wallets for the Shibarium testnet of Shiba Inu's (SHIB) has crossed the 14 million mark.

Presently, the Puppynet wallet count stands at 14.06 million. However, it is noteworthy that the number of new wallets has declined considerably in recent days, with only 100,000 created since Thursday.

This decline could be attributed to the initial surge in new wallets resulting from a script designed to test the stress on the Shibarium network, which generated approximately 9 million wallets. Nevertheless, Shiba Inu’s forthcoming network has achieved a new all-time high regarding wallet addresses.

The adoption of Shiba Inu could rise with the announcement of new partnerships and listings. Recently, Binance declared its collaboration with IvendPay, an international payment firm.

As per the announcement, Binance Pay users can use over 70 cryptocurrencies, including Shiba Inu (SHIB), to purchase products and services from IvendPay’s network of more than 400 merchants worldwide.

READ MORE: Bitcoin to Soar Around 1,850% to New All-Time Highs After Halving – PlanB

Additionally, Ceto, a Dubai-based cryptocurrency exchange, will add SHIB’s offspring token Bone ShibaSwap (BONE), to its platform today. The exchange conducted a survey to determine which token its users would like to see on the platform. Most of them selected BONE, which would also serve as the governance token for Shiba Inu’s Shibarium network.

Many users are anticipating that the value of BONE will soar when Shibarium is launched. The lead developer of SHIB, Shytoshi Kusama, stated that the mainnet for Shibarium could debut in the next two to four months, but did not specify an official launch date.

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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