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Shiba Inu Coin Positioned for Future Success
After Shibarium's hard fork finished on April 29, the price of SHIB saw huge gains, going up about 3.78% in the last day. As per CoinMarketCap, the coin is presently trading at $0.000022.
The end of Shibarium's renovation and the news of ShibaSwap's upcoming extension into the Shibarium network could spark new interest and acceptance in the Shiba Inu ecosystem. Because of this, the price of SHIB could go up, allowing the popular meme coin to reach new heights.
Most members of the community have been eagerly anticipating the move, thus Maximus, speaking to The Shib Magazine, said that he anticipates a substantial rise in BONE volume as a result of the transition. He said that the Shiba Inu ecosystem tokens might go up in value, and that a positive price move would be good for the community and the ecosystem overall.
Lucie, head of marketing for Shiba Inus, has announced plans to move ShibaSwap from the Ethereum blockchain to another blockchain. The native token of Shiba Inu, SHIB, and the Shibarium token, BONE, could both see price increases as a result of this new development, which has the potential to drastically alter the Shibarium ecosystem.
Multi-Chain Expansion Coming to ShibaSwap
Lucie has launched a new huge development, revealing that ShibaSwap will be going multichain, running on both the Ethereum network and the Shibarium Layer 2 network. This announcement comes while the Shiba Inu ecosystem is still celebrating the completion of the Shibarium hardfork.
With this new integration, ShibaSwap can now surpass the constraints of a single blockchain network, providing its expanding community with a more dependable and smooth trading experience. Furthermore, BONE, Shibarium's ecosystem token, will greatly benefit from the extension into Shibarium's L2 network.
An experienced moderator at Shiba Inu's Tech named Maximus revealed that the integration of ShibaSwap into Shibarium could lead to a decrease in the large quantity of BONE.
