$SHIB price 2.36% up as nearly 2 billion SHIB got burned this week. Shibburn
outgrow the status of simply a “meme coin”
. The developer team spearheaded by the pseudonymous Shytoshi Kusama finally launched a beta of Shibarium Layer 2 network called Puppynet. By now, more than 14 million wallets have been connected to it with millions of transactions performed on this testnet. Initially, the release of the mainnet was expected by Kusama before May but it seems that this work is taking longer than planned by the developers first.
Aside from that, SHIB has been listed on many large and small crypto exchanges. Binance has even moved Shiba Inu out of its Innovation Zone, where promising tokens are being tested on trading operations. Besides, SHIB community has expanded greatly and the coin has been supported by many crypto influencers, including the founder of Gokhshtein Media David Gokhshtein and an early Bitcoin investor and millionaire Jeremie Davinci.
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