Shiba Inu Team Sets the Stage, Unveils Summer of Shibarium

Vignesh Karunanidhi
Shiba Inu (SHIB) Death Cross Formation Raises Concerns of Sell-Off
Source: Mid-Day

Shiba Inu, a meme coin cryptocurrency, has seen tremendous community interaction and collaboration in a variety of projects, including the building of the Shibarium network, Puppynet.

Throughout 2022, the Shiba Inu team launched many efforts, including the Shiba Eternity game and the SHIB metaverse, building excitement for the introduction of Shibarium. However, the launch of Shibarium was delayed due to a number of challenges.

Also read: Shiba Inu Weekly Burn Update: 915 Million SHIB Burned

However, the SHIB team has been releasing updates regarding the layer 2 lately. In one of the latest announcements, the team has unveiled details of the new “Summer of Shibarium” campaign.

Summer of Shibarium to launch with thrilling releases

According to the details in the announcement, the Shiba Inu team is set to launch a revamp of the Shibarium website (Shib.io). Additionally, they are launching several events that will lead up to the final launch of Shibarium.

Also read: Major Exchange Witnesses Thousands of Ethereum (ETH) Outflow

On the other side, the testnet, Puppynet, has been touching various milestones. According to the latest data from Puppyscan, the total number of transactions processed has crossed 30 million. Currently, there are 17 million or more wallet addresses with an average block time of 5 seconds.

The notable milestone shows the enthusiasm of the community for the upcoming launch of the Layer 2 mainnet.