London-based Crypto Exchange Swapika Announces That It Will Be Integrating Shibarium
In a major boost for the Shiba Inu ecosystem, London-based crypto exchange Swapika has announced that it will be integrating Shibarium, the Layer 2 solution, once it goes live. This move is expected to significantly enhance the capabilities of the Shiba Inu network, making it faster, more secure, and more efficient.
Read Also: Terra Classic (LUNC) Proposes To Upgrade Its Network to Version 2.0.1
Big news for #ShibaArmy 🔥
Swapika is proud to support $BONE, $SHIB, and $LEASH, and we are thrilled to announce that, upon its launch, #Shibarium will be integrated into our service🐶#SHIBARMY @ShibariumNet @Shibtoken pic.twitter.com/3XoV46GzAS
— Exchang.io (@Exchangio) May 9, 2023
Swapika To Integrate Shibarium Ahead Of Its Launching
Swapika is a non-custodial exchange that allows users to trade cryptocurrencies without having to deposit their assets into a centralized wallet. The exchange currently supports a range of cryptocurrencies, including Bitcoin, Ethereum, and Shiba Inu’s native token, SHIB.
The integration of Shibarium is expected to be a major milestone for the Shiba Inu ecosystem. Shibarium is a Layer 2 solution that is designed to improve the scalability and speed of the network. It uses off-chain processing to reduce the load on the main blockchain, allowing for faster and more efficient transactions.
Once Shibarium goes live, Swapika users will be able to benefit from faster transaction times and lower fees when trading SHIB. This is expected to make the exchange more attractive to traders and investors, further boosting the liquidity and value of the SHIB token.
Read Also: Garlinghouse Slams Critics Of XRP, Accusing Them Of Being Ignorant Of Security Laws.
Shiba inu Community Was Plead With the Update
The announcement has been met with excitement and enthusiasm from the Shiba Inu community, who see it as a major step forward for the project. Many believe that the integration of Shibarium will help to cement SHIB’s position as one of the leading cryptocurrencies in the market.
The Shiba Inu project has been gaining traction in recent months, with its native token SHIB experiencing significant price growth. The project has also been expanding its ecosystem, with the recent launch of Shibaswap, a decentralized exchange that allows users to trade SHIB and other tokens.
With the integration of Shibarium on the horizon, the future looks bright for the Shiba Inu ecosystem. The project is poised to become an even more attractive option for traders and investors, with faster transactions, lower fees, and greater scalability. As the crypto market continues to evolve, Shiba Inu is positioning itself as a major player in the space.
Follow us on Twitter, Facebook, Telegram, and Google News
Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.
