Home > Information news > ShibaSwap Network Expansion: Potential Catalyst for Shiba Inu (SHIB) Price Surge Revealed by Team Insider

ShibaSwap Network Expansion: Potential Catalyst for Shiba Inu (SHIB) Price Surge Revealed by Team Insider

Release: 2024/05/04 12:41 Reading: 330

Original author:CoinOtag

Original source:https://coinmarketcap.com/community/en/articles/66351cb8411beb2ae99ec665

ShibaSwap Network Expansion: Potential Catalyst for Shiba Inu (SHIB) Price Surge Revealed by Team Insider

Before you reading,Don't miss coins like PEPE again! Click here to find new PEPEs!

Shiba Inu marketing lead, Lucie, announces plans for ShibaSwap, a Decentralized Exchange (DEX) on the Ethereum blockchain, to expand to a new chain.

This development could significantly transform the Shibarium ecosystem and potentially fuel a price leap for Shiba Inu’s native token, SHIB, and Shibarium’s BONE.

ShibaSwap will operate on both the Ethereum network and the Shibarium Layer 2 network, potentially improving its overall functionality and drastically reducing gas fees.

ShibaSwap, a Decentralized Exchange (DEX) on the Ethereum blockchain, is set to expand to a new chain, potentially boosting the price of Shiba Inu’s native token, SHIB, and Shibarium’s BONE.

ShibaSwap Is Going Multi-Chain

Following the completion of the Shibarium hardfork, Lucie announced that ShibaSwap will be going multichain, operating on both the Ethereum network and the Shibarium Layer 2 network. This integration will enhance ShibaSwap’s foundational Ethereum connections and overcome the limitations of a single blockchain network, ensuring a seamless and more reliable trading experience for its growing community.

Impact on the Shibar... Read the full article for FREE at COINOTAG!

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.