The number of Shiba Inu tokens held by large investors, or “whales,” dropped significantly on March 11, the day of the eagerly awaited public beta launch of Shibarium, also known as PuppyNet.
Finally, after much anticipation, Shiba Inu’s lead developer Shytoshi Kusama announced that the beta version of Shibarium is now available to the public. Kusama asserted that a massive, global, and decentralized community needed a decentralized Layer 2 network.
Shibarium Early Beta Goes Live
SHIBARIUM EARLY BETA TEST IS LIVE!
Today, more than ever, we see the need for a truly decentralized L2 network that powers the projects of a large, global, decentralized community.
Read more:https://t.co/131BxiS4BS
— Shibarium Network (@ShibariumNet) March 11, 2023
Some 251 trillion SHIB, excluding the dead address required for burning, are currently held by the biggest holders of the meme coin. More than a quarter of the first batch…