CoinDesk Reports Shiba Inu’s Testnet Blockchain “Puppynet” Surpasses 20 Million Transactions
Shibarium, a decentralized exchange built on the Ethereum blockchain, has recently seen brisk activity on its testnet. The platform is built for trading meme-inspired tokens, with its initial offering being the DOG token, inspired by the Shiba Inu dog breed and backed by Dogecoin. The testnet has reportedly seen over 10,000 DOG trades from around 500 unique wallets, with a total trading volume of around 8,000 ETH. The team behind Shibarium hopes to become a hub for trading meme tokens and other non-fungible tokens.