Leading DNS domain provider D3 Global has expanded its payment options to include Shiba Inu and BONE on Shibarium as part of its latest upgrade.
Amid the growing adoption blockchain and Web3 have witnessed over the years, proponents have begun securing custom-made blockchain-based domain names. D3 Global stands out as a domain name service provider actively facilitating this move.
The firm provides domain name services to individuals looking to secure Web3 domain names. However, most recently, its latest upgrade now makes provision for payments in Shiba Inu and Bone ShibaSwap (BONE), the governance token of the ShibaSwap ecosystem.
D3 disclosed this in a recent post on X, directing the announcement to the Shiba Inu community. According to the D3 team, market participants can make these Shiba Inu and BONE payments directly from their Shibarium addresses without having to bridge the tokens back to Ethereum.
WOOF! #ShibArmy, we’ve made some upgrades! 🔥New additions include support for payments in $BONE & $SHIB on Shibarium, direct-to-wallet minting and more! 🦴🔥Check it out 👉 https://t.co/V4zgsrUkDu pic.twitter.com/XQ0PNCWGzp— D3 (@D3inc) April 11, 2024
Notably, SHIB and BONE are native to the Ethereum blockchain. However, Shibarium users looking to leverage the assets would need to bridge their tokens to the layer-2 blockchain. Making SHIB and BONE payments to companies like D3 would naturally require users to bridge their assets back to Ethereum.
D3 Global’s decision to extend the payments to Shibarium eliminates the inconvenience associated with having to first bridge the tokens back to Ethereum. Moreover, this development is especially favorable for customers who prefer to use cryptocurrencies to purchase domain names, rather than traditional fiat currencies.
Pay for Domain Names with Shiba Inu and BONE on Shibarium
An investigation from The Crypto Basic confirms that the platform has already implemented these Shibarium payments as of press time. To leverage the latest feature, follow these steps:
Go to D3.app with your web browser, preferably the embedded browser in your Ethereum wallet, such as MetaMask. Ensure the URL is correctly typed to avoid going to phishing sites.Connect your wallet, such as MetaMask or Coinbase Wallet, to D3. If you are using the in-built MetaMask browser, this process should be seamless.Input for the preferred domain name you wish to purchase and add the extension (core or shib). Upon doing this, D3 will specify if the domain name is available or not.If it is available, the platform will show you the cost of the domain name in USD as well as other options that are available for purchase.Pick your option, select how long you want to retain the domain name, add a promotion (coupon) code for discounts if you have any, and select Crypto payments.The platform will direct you to a window to select the currency you wish to pay with, either BONE or SHIB. Select your option and connect your Shibarium address to MetaMask if you have not done so.

Shiba Inu Payment on D3 Global
You will then receive a prompt to authorize the payment in either BONE or SHIB. Authorize the payment to complete the purchase of your SHIB domain name.
D3 Global Continues to Support the SHIB Community
In addition to the recent payment method expansion, D3 Global disclosed in its latest announcement that it has now included a feature to implement direct minting to users’ wallets as part of the recent upgrade.
The latest development comes four months after D3 partnered with Shiba Inu to introduce a .shib top-level domain (TLD) last December. Interestingly, the collaboration positioned Shiba Inu as the first crypto project to push toward getting a TLD.
A month after the announcement, D3 disclosed a special giveaway campaign for Shiba Inu proponents in a move toward supporting the community. The firm looked to give away the private.shib and officer.shib domain names to two proponents.
$SHIB #BONE #SHIBARIUM

ChangeNOW announces support for Shiba Inu L2 Network.

ChangeNow, a New York-based Instant crypto exchange service, plans to support Shabarium, a layer-2 blockchain network based on the Ethereum ecosystem designed to scale transactions in the decentralized finance (DeFi) sector.

In a Twitter announcement on April 27, 2023, the exchange said it’s a proponent of the Shiba Inu protocol, allowing users to buy and trade its native crypto asset SHIB, BONE, and LEASE.

ChangeNOW has been a long-term supporter of #SHIB, #LEASH, and #BONE!

And now, we are planning to integrate #Shibarium – once it's live!

Woof, #SHIBARMY! 🐶 We are here to help spread adoption!@Shibtoken @ShibaXanders https://t.co/yh4Q9Zuie0

— ChangeNOW (@ChangeNOW_io) April 27, 2023

Aside from allowing users to buy and sell Shiba Inu ecosystem tokens, ChangeNOW said it has helped educate the public about the practical applications of Shiba Inu tokens by producing various educational campaigns and informative content.

The materials help users make informed decisions before purchasing the assets.

ChangeNOW Prepares to Adopt Shibarium

With the launch of Shibarium on the way, the company plans to extend its support to the layer-2 scaling solution, which is currently in the beta phase. The exchange intends to incorporate the protocol into its platform.

“ChangeNOW is excited to announce that we are planning to integrate Shibarium! We are confident that we will be ahead of other big exchanges in integrating and supporting Shibarium,” the company said.

The company’s plans also include becoming an official Shibarium partner, noting that it has received a welcome email from Shytoshi Kusama approving its application.

In addition to partnering with the protocol, the exchange revealed that it’s working to provide its platform with the tools and infrastructure needed to adopt Shibarium and to enable it to extend support to other tokens and projects deployed on the network.

Meanwhile, ChangeNOW is one of the many companies planning to integrate Shibarium into their platforms at launch.

Earlier this month, TheCryptoBasic reported that NOWPayments, a crypto-focused payment processor, said it would adopt the layer-2 protocol upon debut.

Other companies, such as NowNodes, a crypto infrastructure provider, and Exodus Wallet, a non-custodial wallet, have also shown interest in adopting Shibarium.

#SHIB #SHIBARIUM #crypto2023 #crypto #Binance

#ShibaInu is celebrating its third birthday today, boasting an impressive return on investment (ROI) amid ecosystem developments.

#SHIB #SHIBARIUM #SHIBARMY #crypto2023

Previous year's meme coins become this year's serious coins! I love #crypto and big things are happening for #SHIB and #SHIBARIUM

#SHIBAINU #SHIBARMY

Shib is making waves, all these use cases build up sooner or later someone big is gonna take notice!

#SHIB #SHIBARIUM #SHIBARMY

An important Shiba Inu (SHIB) whale that has been quiet for the past six months has finally sprung back into action, capturing attention with its carefully monitored moves. The whale, holding a significant amount of Shiba Inu in its wallet, has made token transactions that have become quite intriguing. In this article, we will focus on the whale's recent actions and its impact on the cryptocurrency market.

The Moment of Awakening:

According to reports from the blockchain analytics platform SpotOnChain, the wallet identified as the Shiba Inu whale, with the starting letters 0x140, reemerged after a 157-day dormant period. After this sleep period, the whale made a surprising move by carrying a substantial amount of SHIB tokens. In total, the whale held over 100 trillion SHIB tokens, which garnered significant attention as an indication of revived trading activity. #SHIBAINU #SHIBARIUM #SHIBA #SHIBARMY

The Whale's Initial Transactions:

Among the whale's initial transactions was the transfer of 107 Shiba Inu tokens to a specific address. Shortly after, a total of 500,000,000,000 SHIB tokens were sent to different addresses through eight separate transfers. Even after these significant transfers, the whale's wallet still holds approximately 6.2 trillion SHIB tokens.

The Whale's History and Previous Transactions:

According to SpotOnChain's data, this whale has an intriguing history. In 2020, it was revealed that the whale purchased 103 trillion SHIB tokens using approximately 37.81 ETH worth around $12,500. With the increase in Shiba Inu's price in 2021, the whale was reported to have made an estimated $18.49 million. SpotOnChain also noted that the whale bought and sold approximately 1.9 trillion SHIB tokens across various exchanges in July 2021 at an average price of $0.00000970 per token. Currently, the whale holds around 100 trillion tokens across multiple wallets. $SHIB

Impact and Prices:

The whale's significant transactions occurred after a remarkable 8,910% increase in Shiba Inu's burn rate. This increase followed an unprecedented burning frenzy where the Akai Token (AKAI) project moved 800 million tokens to a dead wallet. SHIB experienced explosive growth in daily new addresses in the second quarter of 2023, and the whale's return makes this rapid acceleration even more impressive.

Conclusion:

In conclusion, the awakening of the Shiba Inu (SHIB) whale after a long dormant period has garnered significant attention in the cryptocurrency market. The whale's history and notable transactions have attracted the interest of investors, potentially influencing prices. While SHIB has recently seen price increases, it is important to consider that the whale's movements may hold even greater significance for the cryptocurrency in the future. Currently, the SHIB price is trading at $0.00000795.

Shiba Inu enthusiasts eagerly await the upcoming launch of Shibarium, designed for the Shiba Inu ecosystem. Shibarium is a Layer 2 solution expected to significantly reduce gas fees on the Shiba Inu network. This development has attracted the attention of investors who have shown interest in SHIB in recent weeks, ahead of the Shibarium launch. #SHIBA #SHIBAINU #SHIBARIUM

Price Increase and Expectations:

SHIB's price has been steadily rising and was trading as high as $0.0000085 according to TradingView. Experts predict that following the launch of Shibarium, the price could reach $0.0000100 or higher.

The launch of Shibarium is scheduled for August 2023, but an exact date has not yet been announced. Developers assure that they continue to stay in line with their timelines.

Key Benefits Associated with Shibarium:

Reduced gas fees: Shibarium will significantly reduce gas fees on the Shiba Inu network by implementing a Proof-of-Stake consensus mechanism instead of Ethereum's current Proof-of-Work mechanism.

Increased scalability: Compared to Ethereum, Shibarium will have the capacity to process more transactions per second. This development will greatly enhance scalability and overall efficiency for the Shiba Inu network.

Improved user experience: With reduced gas fees and increased scalability offered by Shibarium, users will find it more practical and cost-effective to interact with the Shiba Inu ecosystem. The expected launch of Shibarium will undoubtedly be a significant catalyst within the Shiba Inu community.

Accelerating Growth and Development in the Ecosystem:

The release of Shibarium represents a major development for the Shiba Inu ecosystem. By making the network more scalable, efficient, and user-friendly, it can increase token adoption and drive up the price of SHIB. However, it is important to be aware of the risks associated with this project. $SHIB

Despite having a good track record, there is always a possibility of project delays or cancellations. Additionally, there is a risk of not meeting expectations or being vulnerable to hacking attacks. If a hack occurs, it could negatively impact the reputation of the Shiba Inu ecosystem and cause a decrease in the price of SHIB.

The SHIB burn rate on Shibarium is estimated at less than 500 billion SHIB per year, according to SHIB BPP, a top member of the Shiba Inu community on Twitter. In a tweet, SHIB BPP claimed to have deduced the burn rate after running a burn estimate based on the current prices of BONE and SHIB, with the number of transactions of the top L2 in the previous 30 days.

I just ran new burn estimates for Shibarium. Shibarium will impress me if it can burn 500 billion $SHIB per year. This is based on the current prices of BONE and SHIB, as well as the number of transactions of the top L2 in the previous 30 days. pic.twitter.com/L7dLE2T9JF

— $SHIB BPP (@ShibBPP) April 18, 2023

SHIB BPP’s estimation has sparked reactions from members of the Shiba Inu community who expected better numbers from the yet-to-be-launched layer 2 protocol, Shibarium. One of SHIB BPP’s respondents calculated that burning only 500 billion SHIB a year would take the project 100 years to burn 5% of the total supply and 1000 years to burn 50% of the token supply.

Some responders assumed that SHIB BPP’s post could contain some error, with one of them noting that Shibarium developers had posted earlier that they would burn 111 trillion SHIB per year.

In a parallel development, the Shibarium network, although yet to launch fully, is gaining traction within the cryptocurrency ecosystem. There is a sharp increase in the number of wallets interacting on its testnet. Data from PuppyScan shows that 13,856.413 wallets are participating in transactions across the Shibarium testnet. A total number of 446,449 Shibarium beta transactions have been recorded so far across the same number of blocks.

According to reports, MzeDex has joined several new projects that have decided to build on Shibarium. They all form a significant part of the growth and adoption observed in the network of the upcoming Shibarium project.

While the community considers the influx of projects a sign of growth, the Shiba Inu team has urged users to stay alert and adopt effective DYOR before engaging with the projects. Shyytoshi Kusama, a team lead in the Shiba Inu community, has reportedly warned users against potential scams. According to reports, he clarified the Shibarium network is yet to mint an official token.

#SHIB #SHIBARIUM #crypto2023 #crypto #Binance