Pseudonymous on Saturday Shiba Inu SHIB/USD developer Shytoshi Kusama announced the beta release of the highly anticipated Layer-2 Lime solution Shibarium.

in one to blog Post told Kusama that early beta testers can now leverage the testnet, which uses tokens called Puppynet, which are in no way investments.

“All tokens on Puppynet are NOT REAL. Don’t spend your hard-earned SHIBS on these tokens when you see them no matter how tough people anybody shills,” Kusama wrote, while also sharing a link to test the Ethereum scaling protocol.

“For the TLDR folks, this is open early beta testing, so go ahead, you can access it now Here! Shibarium’s official RPC website is available Here,” he wrote.

Last week, Kusama hinted at progress Layer 2 project shibarium. He noted in his Twitter bio that ShibaSwap is the only one official decentralized exchange (DEX) for the SHIB and Shibarium ecosystem.

Also read: Floki Plunges After Elon Musk-Linked Rally – But This Shiba Inu Governance Token Surges 11%

ShibaSwap aims to provide traders with a secure place to trade their crypto assets in a decentralized environment.

Shibarium, on the other hand, is an Ethereum-based Layer 2 blockchain similar to polygon MATIC/USD. It was designed to enable developers to build fast, inexpensive, and highly scalable applications. The project was first announced in May 2021.

In other news, a crypto whale has moved 258,837,671,569 SHIB worth over $2.64 million to Shiba Inu’s smart contract, blockchain tracking service Etherscan reported. The crypto whale is reportedly still holding 4,925,361,871,313 Shiba Inu, worth over $50.23 million.

At the time of writing, SHIB was trading at $0.00001032, down 8% over the past week.

continue reading: 3 trillion Shiba Inu transferred to mystery wallet after Kusama confirms massive burns ahead of Shibarium launch

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