Shiba Inu’s Shibaswap Now Supported by DEXTools

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As a seasoned crypto investor with a few years of experience under my belt, I’m always on the lookout for new tools and platforms that can help me make informed decisions about my investments. The news that DexTools, a widely-used decentralized finance (DeFi) platform, has added support for ShibaSwap, the decentralized exchange of the popular meme coin Shiba Inu, is certainly exciting.

According to a recent announcement, the decentralized finance (DeFi) platform DexTools now includes support for Shiba Inu‘s trading system, ShibaSwap.

The integration unlocks “advanced DeFi analytics” for Shiba Inu holders. 

DexTools is a widely-used platform where people can access information about decentralized exchanges. With this tool, users can monitor their DeFi portfolios and keep tabs on crypto prices. Boasting over 35 million monthly users, DexTools tracks approximately 3.5 million tokens. This versatile platform lets you follow market trends, provides real-time analysis of various cryptocurrencies, and assists in finding tokens on any Decentralized Exchange (DEX). Additionally, traders can easily swap tokens within the application itself. Moreover, it has its native DEXT token that offers exclusive features to its holders.

Since its introduction in 2021, ShibaSwap has emerged as a significant component within the extensive Shiba Inu network.

Last month, ShibaSwap moved to Shibarium, the layer-2 solution for the second-largest meme coin. 

ShibaSwap, fueled by Shibarium, introduces a range of fresh functionalities. These include an upgraded interface for better dashboard navigation and intuitive charts to highlight popular tokens.

As a seasoned analyst, I’ve come across Kaal Dhairya’s announcement regarding the Shiba Inu project. He expressed his excitement about the upcoming enhancements for the ShibaSwap Decentralized Exchange (DEX). These improvements are slated to roll out on a consistent basis.

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2024-06-12 09:24