$SHIB becomes the 2d trending crypto on CoinMarketCap pushing $DOGE back
One is that Kusama dropped a vague hint at the progress in the development of the Shibarium mainnet. His Twitter location status shows “In the lab”, which kind of hints that he and the SHIB developer team are working hard and have perhaps achieved large progress.
The testnet called Puppynet was launched on March 11, raising a wave of enthusiasm in the SHIB army. Since then, the amount of transactions on it has surpassed one million with several hundred thousand wallets getting connected to Puppynet. Besides, since the launch of the testnet, the amount of weekly burned SHIB has skyrocketed. The burn rate on Sunday reached a whopping 1.9 million percent rise after more than one billion meme coins were burned within 24 hours.
A similar reaction from the Dogecoin community came in response to Elon Musk’s tweet in which he congratulated his followers, spreading a festive mood over them.
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