ShibaSwap Network Expansion: Potential Catalyst for Shiba Inu (SHIB) Price Surge Revealed by Team Insider
Release: 2024/05/04 01:19 Reading: 951
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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.
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