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Shiba Inu $SHIB Goes Multi-Chain With New Chainlink Partnership Shiba Inu has entered into a strategic partnership with Chainlink, according to a press release published in SHIB Magazine. This alliance will see Shibarium, Shiba Inu’s layer-2 (L2) blockchain network, integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its canonical infrastructure for cross-chain communication, alongside the adoption of the Cross-Chain Token (CCT) standard for its native assets SHIB, BONE, and LEASH. What The Shiba Inu And Chainlink Means “We’re excited to announce that Shiba Inu and Chainlink are partnering to grow the Shiba Inu ecosystem,” reads the official press release. “Shibarium has integrated the Chainlink standard for blockchain interoperability as its canonical cross-chain infrastructure.” The move enables Shiba Inu ecosystem assets to be deployed across 12 blockchains. Shibarium is built on top of Ethereum with a focus on scalability, speed, and cost efficiency. By adopting the CCT standard, the Shiba Inu ecosystem can now facilitate token transfers using a “lock-and-mint” mechanism for bridging from Ethereum and a “burn-and-mint” mechanism for cross-chain transfers beyond Ethereum. These approaches aim to ensure a controlled, secure, and verifiable means of moving value across multiple networks, all underpinned by Chainlink’s CCIP. #shib #shibainu #shibtothemoon #memecoin #battleofthememe
Shiba Inu $SHIB Goes Multi-Chain With New Chainlink Partnership

Shiba Inu has entered into a strategic partnership with Chainlink, according to a press release published in SHIB Magazine. This alliance will see Shibarium, Shiba Inu’s layer-2 (L2) blockchain network, integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its canonical infrastructure for cross-chain communication, alongside the adoption of the Cross-Chain Token (CCT) standard for its native assets SHIB, BONE, and LEASH.

What The Shiba Inu And Chainlink Means

“We’re excited to announce that Shiba Inu and Chainlink are partnering to grow the Shiba Inu ecosystem,” reads the official press release. “Shibarium has integrated the Chainlink standard for blockchain interoperability as its canonical cross-chain infrastructure.” The move enables Shiba Inu ecosystem assets to be deployed across 12 blockchains.

Shibarium is built on top of Ethereum with a focus on scalability, speed, and cost efficiency. By adopting the CCT standard, the Shiba Inu ecosystem can now facilitate token transfers using a “lock-and-mint” mechanism for bridging from Ethereum and a “burn-and-mint” mechanism for cross-chain transfers beyond Ethereum. These approaches aim to ensure a controlled, secure, and verifiable means of moving value across multiple networks, all underpinned by Chainlink’s CCIP.

#shib #shibainu #shibtothemoon #memecoin #battleofthememe
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Bullish
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Bullish
#shibtothemoon The Shiba Inu (SHIB) price prediction for today, August 22, 2024, is $0.00001379, which is a decrease of 0.51% ¹. However, it's expected to rise to $0.00001755 on August 23, 2024, which is an increase of 26.62% ¹. Additionally, the price is predicted to reach $0.00002254 on August 24, 2024, which is an increase of 62.63% ¹. Please keep in mind that cryptocurrency prices are highly volatile and subject to rapid fluctuations ². $BTC #MtGoxRepayments {spot}(SHIBUSDT)
#shibtothemoon
The Shiba Inu (SHIB) price prediction for today, August 22, 2024, is $0.00001379, which is a decrease of 0.51% ¹. However, it's expected to rise to $0.00001755 on August 23, 2024, which is an increase of 26.62% ¹. Additionally, the price is predicted to reach $0.00002254 on August 24, 2024, which is an increase of 62.63% ¹.

Please keep in mind that cryptocurrency prices are highly volatile and subject to rapid fluctuations ².
$BTC
#MtGoxRepayments
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