Shiba Inu Shibarium Public Beta is flourishing, with over one million test transactions processed so far. The average block time is just five seconds, clearing the way for faster transactions than on the regular Ethereum blockchain. Shibarium Beta is being built on a fork of Polygon, another thriving blockchain technology company that built a faster scaling solution for Ethereum.
Shiba Inu Overthrows Litecoin by Market Cap
The popular dog-themed memecoin Shiba Inu proved its dominance by overthrowing the OG altcoin Litecoin, while both are claiming a market capitalization of nearly $7bn at the time of publication. Furthermore, the quick rebound rally to the upper zone of the bull pennant for Shiba Inu (SHIB) is highly influenced by billionaire crypto enthusiast and Twitter CEO Elon Musk.