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🚨 Breaking: ShibaSwap Officially Goes Live On Shibarium, SHIB Price Set For Rally
Shiba Inu's decentralized exchange platform ShibaSwap has gone live on Shibarium, the project's layer-2 scaling solution
Shiba Inu (SHIB) just excited its community with the announcement of the launch of ShibaSwap on Shibarium, its Layer-2 scaling solution.
ShibaSwap on Shibarium: Unleashing New Functionalities
The Shiba Inu ecosystem is expanding at a very fast pace and the launch of the long-awaited ShibaSwap on Shibarium marks a paradigm shift for the project. Every major blockchain protocol or L2 network has its dominant Decentralized Exchange (DEX).
While ShibaSwap was first launched in 2021 on the Ethereum network, moving to Shibarium is a major validation for the latter. Despite its launch in August 2023, Shibarium has not welcomed a major decentralized application to serve as its flagship application. With ShibaSwap, the narrative has changed.
According to Shiba Inu, the ShibaSwap will help power its community’s spirit by boosting the right innovation. On ShibaSwap, users can create new Liquidity Pools (LPs) on Shibarium. Notably, the with ShibaSwap on Shibarium, users can now swap tokens from the L2 network to Ethereum and vice-versa.
Besides this primary trading functions, the protocol highlighted that users can also stake on ShibaSwap. These stakes are essential to continually power the entire SHIB ecosystem.
As the protocol outlined, more transactions will be conducted on Shibarium via the integration. This feature in particular can effectively accelerate the rate at which new tokens will go off circulation through burning.
Shiba Inu has explored different avenues to accelerate the protocol’s burn rate. While awaiting the potential launch of the burn portal, the ShibaSwap induced transaction boom might change the game.
Shiba Inu (SHIB) The Bigger Beneficiary
As the native token of the Shiba Inu ecosystem, $SHIB will sit at the core of the ShibaSwap and Shibarium ecosystem. With robust staking and accompanying rewards, more users can place demand for SHIB. This demand is a supply shrinking catalyst, one that generally complements the burning measures.
In light of this, there is a general projection that SHIB price can shoot in the near future. At the time of writing, the token is up 2.36% and is trading for $0.00002388. The ShibaSwap news helped elevate the token from its previously bearish state with a 24-hour low of $0.00002289 to a high of $0.00002432.
In the long term, expectations remain to beat the previous All-Time High (ATH) at $0.00008845. With ShibaSwap, this is looking more achievable.
#shibabullbear #Memecoins #altcoins #ETHETFS #BinanceLaunchpool
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Shiba Inu (SHIB) just excited its community with the announcement of the launch of ShibaSwap on Shibarium, its Layer-2 scaling solution.
ShibaSwap on Shibarium: Unleashing New Functionalities
The Shiba Inu ecosystem is expanding at a very fast pace and the launch of the long-awaited ShibaSwap on Shibarium marks a paradigm shift for the project. Every major blockchain protocol or L2 network has its dominant Decentralized Exchange (DEX).
While ShibaSwap was first launched in 2021 on the Ethereum network, moving to Shibarium is a major validation for the latter. Despite its launch in August 2023, Shibarium has not welcomed a major decentralized application to serve as its flagship application. With ShibaSwap, the narrative has changed.
According to Shiba Inu, the ShibaSwap will help power its community’s spirit by boosting the right innovation. On ShibaSwap, users can create new Liquidity Pools (LPs) on Shibarium. Notably, the with ShibaSwap on Shibarium, users can now swap tokens from the L2 network to Ethereum and vice-versa.
Besides this primary trading functions, the protocol highlighted that users can also stake on ShibaSwap. These stakes are essential to continually power the entire SHIB ecosystem.
As the protocol outlined, more transactions will be conducted on Shibarium via the integration. This feature in particular can effectively accelerate the rate at which new tokens will go off circulation through burning.
Shiba Inu has explored different avenues to accelerate the protocol’s burn rate. While awaiting the potential launch of the burn portal, the ShibaSwap induced transaction boom might change the game.
Shiba Inu (SHIB) The Bigger Beneficiary
As the native token of the Shiba Inu ecosystem, $SHIB will sit at the core of the ShibaSwap and Shibarium ecosystem. With robust staking and accompanying rewards, more users can place demand for SHIB. This demand is a supply shrinking catalyst, one that generally complements the burning measures.
In light of this, there is a general projection that SHIB price can shoot in the near future. At the time of writing, the token is up 2.36% and is trading for $0.00002388. The ShibaSwap news helped elevate the token from its previously bearish state with a 24-hour low of $0.00002289 to a high of $0.00002432.
In the long term, expectations remain to beat the previous All-Time High (ATH) at $0.00008845. With ShibaSwap, this is looking more achievable.
#shibabullbear #Memecoins #altcoins #ETHETFS #BinanceLaunchpool
Thank you for reading the article. Do not forget to follow me to receive all new posts and articles ☺️
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⌨️ COMMENT
How to buy Shibmap?
Shibmap has added pool: mapBONE/Shibmap
Buy at a discount:
Send: $BONE, $DAMN, $PIKA, Shib314 to:
0xDE52A79D70a76A3b795c1773e17175AE4DC1C0E7
Price:
1 mapBONE=1 $BONE
1 mapBONE=21073 $DAMN
1 mapBONE=54365 $PIKA
1 mapBONE=118458 Shib314
Activity time: 72H#shibabullbear $SHIB
Shibmap has added pool: mapBONE/Shibmap
Buy at a discount:
Send: $BONE, $DAMN, $PIKA, Shib314 to:
0xDE52A79D70a76A3b795c1773e17175AE4DC1C0E7
Price:
1 mapBONE=1 $BONE
1 mapBONE=21073 $DAMN
1 mapBONE=54365 $PIKA
1 mapBONE=118458 Shib314
Activity time: 72H#shibabullbear $SHIB
in coming days Pakistan also legalized cryptocurrency and shiba Inu will be accepted in major stores #pakistan #shibabullbear #ShibaInu:
SHIB Price Prediction for May 4
The majority of cryptocurrencies are rising today, according to CoinStats.SHIB chart by CoinStats
SHIBUSD
The rate of SHIB has increased by 6.61% over the last 24 hours.
Despite today's rise, the price of SHIB is still looking bullish on the hourly chart.
The rate is trading near the local resistance of $0.00002582.
If the situation does not change by the end of the day, one can expect a breakout followed by a move to the $0.000026-$0.00002650 zone.
On the daily chart, the price of the meme coin has broken the resistance of $0.00002467. If the bar closes with no long wick, the upward move may continue to $0.000027 next week.
On the weekly time frame, the rate of SHIB has once again bounced off the support level of $0.00002136. But neither side is dominating at the moment. All in all, an ongoing consolidation in the zone of $0.000024-$0.000028 is the more likely scenario.
SHIB is trading at $0.00002564 at press time.
$SHIB $ETH #shibabullbear #memecoin🚀🚀🚀
The majority of cryptocurrencies are rising today, according to CoinStats.SHIB chart by CoinStats
SHIBUSD
The rate of SHIB has increased by 6.61% over the last 24 hours.
Despite today's rise, the price of SHIB is still looking bullish on the hourly chart.
The rate is trading near the local resistance of $0.00002582.
If the situation does not change by the end of the day, one can expect a breakout followed by a move to the $0.000026-$0.00002650 zone.
On the daily chart, the price of the meme coin has broken the resistance of $0.00002467. If the bar closes with no long wick, the upward move may continue to $0.000027 next week.
On the weekly time frame, the rate of SHIB has once again bounced off the support level of $0.00002136. But neither side is dominating at the moment. All in all, an ongoing consolidation in the zone of $0.000024-$0.000028 is the more likely scenario.
SHIB is trading at $0.00002564 at press time.
$SHIB $ETH #shibabullbear #memecoin🚀🚀🚀
To make $50,000 if Shiba Inu reaches $0.0065, you would need approximately 7,692,307 SHIB.
If it reaches $0.02, you would need 2,500,000 SHIB to make $50,000.
And if it goes all the way to $0.19, you would only need 263,157 SHIB to hit that $50,000 mark.
Important to Remember:
Shiba Inu, like any cryptocurrency, is volatile and its price could go up or down significantly.
This doesn't take into account any fees associated with buying or selling Shiba Inu.
Do your own research before making any investment decisions.
$SHIB
#shibabullbear
#Shibalnu
If it reaches $0.02, you would need 2,500,000 SHIB to make $50,000.
And if it goes all the way to $0.19, you would only need 263,157 SHIB to hit that $50,000 mark.
Important to Remember:
Shiba Inu, like any cryptocurrency, is volatile and its price could go up or down significantly.
This doesn't take into account any fees associated with buying or selling Shiba Inu.
Do your own research before making any investment decisions.
$SHIB
#shibabullbear
#Shibalnu
Billions of Shiba Inu (SHIB) by Coinbase in 24 Hours: What's Happening?
SHIBUSD −7.44%
Billions of Shiba Inu tokens were transferred by Coinbase to an undisclosed address within the past 24 hours. This movement is part of a larger pattern of high-volume transactions involving SHIB, which includes several large transfers to and from various addresses, such as those facilitated by Uniswap and other large crypto entities.
The transfer by Coinbase, involving 100.009B SHIB, is valued at approximately $2.37 million. Such movements can often be attributed to several strategic or operational reasons, including liquidity management, institutional client transactions or wallet reorganizations.Source: IntoTheBlock
This recent transaction comes at a time when the on-chain metrics for Shiba Inu suggest increasing activity. Large transaction volumes have been observed, with a recent peak, as shown in the blockchain data. These metrics are crucial as they provide insights into market dynamics and investor behavior concerning SHIB.
From a technical standpoint, SHIB's price has been experiencing fluctuations, currently hovering around key support and resistance levels. The asset's price recently tested the resistance at $0.00002270 but failed to break through, leading to a retest of lower support levels near $0.00002172.
If SHIB manages to consolidate above this support, there could be potential for a rally toward the resistance at $0.00002396, providing a growth scenario for the asset.
A failure to hold the support level could push SHIB's price slide toward further lows, possibly testing the next significant support near $0.00001741 that coincides with 200 EMA. Such movements will be critical to watch, as they could dictate the short-term market sentiment and trading behavior around SHIB.
Overall, the large transfers and the current on-chain data for Shiba Inu paint a picture of an active network with fluctuating investor interest.$SHIB #HKETF #Fed #shibabullbear
SHIBUSD −7.44%
Billions of Shiba Inu tokens were transferred by Coinbase to an undisclosed address within the past 24 hours. This movement is part of a larger pattern of high-volume transactions involving SHIB, which includes several large transfers to and from various addresses, such as those facilitated by Uniswap and other large crypto entities.
The transfer by Coinbase, involving 100.009B SHIB, is valued at approximately $2.37 million. Such movements can often be attributed to several strategic or operational reasons, including liquidity management, institutional client transactions or wallet reorganizations.Source: IntoTheBlock
This recent transaction comes at a time when the on-chain metrics for Shiba Inu suggest increasing activity. Large transaction volumes have been observed, with a recent peak, as shown in the blockchain data. These metrics are crucial as they provide insights into market dynamics and investor behavior concerning SHIB.
From a technical standpoint, SHIB's price has been experiencing fluctuations, currently hovering around key support and resistance levels. The asset's price recently tested the resistance at $0.00002270 but failed to break through, leading to a retest of lower support levels near $0.00002172.
If SHIB manages to consolidate above this support, there could be potential for a rally toward the resistance at $0.00002396, providing a growth scenario for the asset.
A failure to hold the support level could push SHIB's price slide toward further lows, possibly testing the next significant support near $0.00001741 that coincides with 200 EMA. Such movements will be critical to watch, as they could dictate the short-term market sentiment and trading behavior around SHIB.
Overall, the large transfers and the current on-chain data for Shiba Inu paint a picture of an active network with fluctuating investor interest.$SHIB #HKETF #Fed #shibabullbear
Billions of Shiba Inu (SHIB) by Coinbase in 24 Hours: What's Happening?
SHIBUSD −7.44%
Billions of Shiba Inu tokens were transferred by Coinbase to an undisclosed address within the past 24 hours. This movement is part of a larger pattern of high-volume transactions involving SHIB, which includes several large transfers to and from various addresses, such as those facilitated by Uniswap and other large crypto entities.
The transfer by Coinbase, involving 100.009B SHIB, is valued at approximately $2.37 million. Such movements can often be attributed to several strategic or operational reasons, including liquidity management, institutional client transactions or wallet reorganizations.Source: IntoTheBlock
This recent transaction comes at a time when the on-chain metrics for Shiba Inu suggest increasing activity. Large transaction volumes have been observed, with a recent peak, as shown in the blockchain data. These metrics are crucial as they provide insights into market dynamics and investor behavior concerning SHIB.
From a technical standpoint, SHIB's price has been experiencing fluctuations, currently hovering around key support and resistance levels. The asset's price recently tested the resistance at $0.00002270 but failed to break through, leading to a retest of lower support levels near $0.00002172.
If SHIB manages to consolidate above this support, there could be potential for a rally toward the resistance at $0.00002396, providing a growth scenario for the asset.
A failure to hold the support level could push SHIB's price slide toward further lows, possibly testing the next significant support near $0.00001741 that coincides with 200 EMA. Such movements will be critical to watch, as they could dictate the short-term market sentiment and trading behavior around SHIB.
Overall, the large transfers and the current on-chain data for Shiba Inu paint a picture of an active network with fluctuating investor interest.$SHIB #HKETF #Fed #shibabullbear
SHIBUSD −7.44%
Billions of Shiba Inu tokens were transferred by Coinbase to an undisclosed address within the past 24 hours. This movement is part of a larger pattern of high-volume transactions involving SHIB, which includes several large transfers to and from various addresses, such as those facilitated by Uniswap and other large crypto entities.
The transfer by Coinbase, involving 100.009B SHIB, is valued at approximately $2.37 million. Such movements can often be attributed to several strategic or operational reasons, including liquidity management, institutional client transactions or wallet reorganizations.Source: IntoTheBlock
This recent transaction comes at a time when the on-chain metrics for Shiba Inu suggest increasing activity. Large transaction volumes have been observed, with a recent peak, as shown in the blockchain data. These metrics are crucial as they provide insights into market dynamics and investor behavior concerning SHIB.
From a technical standpoint, SHIB's price has been experiencing fluctuations, currently hovering around key support and resistance levels. The asset's price recently tested the resistance at $0.00002270 but failed to break through, leading to a retest of lower support levels near $0.00002172.
If SHIB manages to consolidate above this support, there could be potential for a rally toward the resistance at $0.00002396, providing a growth scenario for the asset.
A failure to hold the support level could push SHIB's price slide toward further lows, possibly testing the next significant support near $0.00001741 that coincides with 200 EMA. Such movements will be critical to watch, as they could dictate the short-term market sentiment and trading behavior around SHIB.
Overall, the large transfers and the current on-chain data for Shiba Inu paint a picture of an active network with fluctuating investor interest.$SHIB #HKETF #Fed #shibabullbear
$SHIB 🚨 TOP SIGNAL ABOUT SHIBA 🚀🚀
SHIBA is now $ 0.00002345
SHIBA is +1.34%
🎯Target +55.20%🚀
#shibabullbear coins is best crypto currcey in memecoins, Shiba coin in this season price will be analysis and increase
Remember, 2020 is Shiba coin was good performance, who was holders they are makes millions they were so bigger lucky people
So you need holds Shiba and buys entry in best point
💘Follow me for more updates❤️
#fed #Memecoins #written2earn #btc
SHIBA is now $ 0.00002345
SHIBA is +1.34%
🎯Target +55.20%🚀
#shibabullbear coins is best crypto currcey in memecoins, Shiba coin in this season price will be analysis and increase
Remember, 2020 is Shiba coin was good performance, who was holders they are makes millions they were so bigger lucky people
So you need holds Shiba and buys entry in best point
💘Follow me for more updates❤️
#fed #Memecoins #written2earn #btc
