Elon Musk Invited To Shibarium Mainnet Opening, Community Delights!

<p>&nbsp;"Will SHIB go up or down after the launch of Shibarium?"</p><p><br /></p><p>For the official launch of Shiba Inu (SHIB) Shibarium's Layer-2 scaling protocol, former Twitter CEO Elon Musk will attend the Blockchain Futuristic Conference that will take place on 13 to 17 August 2023.</p><p><br /></p><p>According to SHIB lead developer Shytoshi Kusama on his Twitter account in response to a picture of Musk wearing a shirt with the words "I Love Canada", his team is looking forward to his presence at the event which will be held in Toronto, Canada.</p><p><br /></p><p>See you at #Blockchainfuturistconference #shibarmy https://t.co/Cf1TPSm9VO</p><p><br /></p><p>— Shytoshi Kusama™ (@ShytoshiKusama) July 31, 2023</p><p><br /></p><p>In context, Shibarium which improves the scalability of the Ethereum (ETH) network held a multi-month hackathon* as part of the conference, Kusama further commented.</p><p><br /></p><p><br /></p><p>*Events or competitions where participants work together to create innovative solutions using blockchain technology</p><p><br /></p><p>The Layer-2 scaling solution has been designed to allow developers to build decentralized applications (DApps) and integration into real-life businesses including their implemented projects.</p><p><br /></p><p>Like to be informed here that the live beta test on the mainnet called Puppynet has recorded 25 million transactions which means it has shown great demand in the crypto community.</p><p><br /></p><p>Through observation, the number of blocks processed by Shibarium beta Puppynet has exceeded 1.4 million and the number of wallet addresses has increased to 16.98 million while the number of transactions has jumped to 33 million and the total number of wallets has reached 17 million.</p><p><br /></p><p>As the official launch date of Shibarium is getting closer, transaction rates and wallet addresses are expected to continue to peak.</p><p><br /></p><p>But it should also be noted that Musk has indirectly promoted SHIB when he recently mentioned the memecoin in his Twitter account, but now the price is still recording a decrease of 0.99% at $0.000008.</p>