Shiba Inu has experienced a notable increase in popularity in recent years, leading to the emergence of a strong community known as the SHIB army. This surge in popularity can be attributed to various developments that have propelled Shiba Inu to become the second-largest meme coin. Throughout its journey, Shiba Inu has secured numerous partnerships, collaborations, and listings.
According to the latest data from PuppyScan, the latest iteration of Shibarium beta, called “Puppynet,” has garnered attention and gained popularity. The data indicates an upward trend in the number of transactions associated with Puppynet.
According to data from PuppyScan, the current total block number for Shibarium PuppyNet is reported as 7723,359. Additionally, there are approximately 14,591,092 wallet addresses associated with Shibarium PuppyNet, and the total number of transactions recorded is 6,699,466. These figures suggest a growing popularity for Shibarium PuppyNet.
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Shiba Inu burn rate drops
In recent developments related to Shiba Inu, the previously notable increase in the burn rate, which involved the transfer of billions of SHIB to inactive wallets in a single transaction, appears to have subsided. However, the situation has been fluctuating, and the burn rate has seen a modest increase of only 3.36% in the past 24 hours. Shibburn data indicates that during this period, approximately 2.2 million Shiba Inu tokens were sent to inactive wallets.