This is not a whole lot different from a garden shovel, but holding it makes you feel adventurous. It also lets you dig faster than you can by punching dirt. I still don't get why punching dirt works at all.
Explorer's Shovel price in Growtopia: sells for about 1 WL (median of 1 offers from community Discords, past 30 days). Live price chart and the latest buy and sell offers.
Recently sold at: PAASHOP