As a researcher with a background in cryptocurrencies and blockchain technology, I find the recent developments within the Shiba Inu ecosystem particularly intriguing. The upcoming launch of the upgraded ShibaSwap decentralized exchange on Shibarium, as announced by both Shytoshi Kusama and Kaal Dhairya, represents a significant milestone for this meme coin project.
The anonymous head of the Shiba Inu development group has shared an excited post on Twitter for the Shiba Inu community, announcing the imminent debut of the enhanced ShibaSwap decentralized exchange on the Shibarium layer-2 platform.
Kaal Dhairya, the leading developer at SHIB, shared more insights on Twitter regarding the upcoming enhancement of the ShibaSwap decentralized exchange (DEX).
Shytoshi Kusama makes celebratory announcement
As a dedicated crypto investor, I’m thrilled to share that on May 15, the enigmatic figure behind SHIB, known as Kusama, acknowledged the impressive advancements and groundbreaking innovations made by our talented development team, with special mention going to Kaal Dhairya.
Kusama referred to the transfer of ShibaSwap’s iteration onto the Shibarium blockchain. Moreover, the SHIB pioneer left a hint of excitement for the community with his remark, “there’s so much more to come as we move forward.”
Kaal Dhairya shared Shytoshi Kusama’s tweet with a thoughtful remark. The lead developer of SHIB expressed that the upcoming update for ShibaSwap prioritizes the exploration of new meme coins. He invited all creatively-minded individuals to generate more memes, expressing his enthusiasm with the words “so meme away.”
Dhairya assured that the SHIB team would consistently release new updates and enhancements in the future. He emphasized that the journey with SHIB, Shibarium, and related components was not a competition but rather a long-term commitment.
In our ongoing pursuit of innovation, let’s keep the creative juices flowing! We’ll continue releasing updates and enhancements on a consistent basis moving forward. Remember, this journey is a marathon, not a sprint.
— Kaal (@kaaldhairya) May 15, 2024
The ShibaSwap decentralized exchange (DEX) will soon function on both Ethereum and Shibarium blockchains. A robust connection, or bridge, will ensure seamless transfer of assets between these two networks. This development offers increased possibilities for the SHIB community and enhances the value and use cases of Shibarium tokens.
Shiba Inu price skyrockets on the news
Spurred by the announcement that ShibaSwap would debut on Shibarium, the value of the SHIB meme token has significantly risen. In just the previous 24 hours, Shiba Inu has recorded a substantial gain of around 12%, lifting its price from $0.00002293 to $0.00002577.
A tiny pullback followed that astounding increase as SHIB stepped back by a marginal 2%.
Overnight, the price surged dramatically, prompting an anonymous individual holding a meme coin, specifically Shiba Inu, to shift an astonishing 3 trillion tokens from an unregistered digital wallet to Robinhood within the past 24 hours. This transfer equates to over $74 million in real money value.
Read More
- BCH PREDICTION. BCH cryptocurrency
- BTC PREDICTION. BTC cryptocurrency
- LUNC PREDICTION. LUNC cryptocurrency
- MNT PREDICTION. MNT cryptocurrency
- USD PHP PREDICTION
- SOL PREDICTION. SOL cryptocurrency
- USD COP PREDICTION
- ZKJ PREDICTION. ZKJ cryptocurrency
- USD MYR PREDICTION
- PSTAKE PREDICTION. PSTAKE cryptocurrency
2024-05-16 15:05