Shiba

Shiba Inu

Marswap

<a href="https://bitcoinist.com/shiba-inu-investing-meme-coins/">The Shiba Inu (SHIB) team</a> recently released the latest edition of <a href="https://bitcoinist.com/shiba-inu-team-shib-magazine/">’The Shib’ magazine</a>. As expected, it features exciting updates from the team on milestones achieved in their quest to grow the <a href="https://bitcoinist.com/shiba-inu-shibarium-99-decline/">ecosystem</a>.&nbsp; 
<h2 id="shiba-inu-s-partnership-with-binance-pay">Shiba Inu’s Partnership With Binance Pay</h2> 
The Shiba Inu team drew the <a href="https://bitcoinist.com/shib-grayscale-shiba-inu-etf/">SHIB community’s</a> attention to the fact that the SHIB token is already on <a href="https://bitcoinist.com/binance-pay-launches-in-brazil-enabling-merchants/">Binance Pay</a>, Binance’s payment service. They highlighted how this integration has benefited the meme coin and Binance. The number of Binance pay transactions made in SHIB is said to have grown 30% year-on-year from 2022 to 2023.&nbsp; 
SHIB was also in the top 6 most popular Binance Pay transaction currencies by transaction count in 2022 and 2023. The team acknowledged that Binance Pay provided much-needed visibility for the meme coin “when crypto was still struggling to <a href="https://bitcoinist.com/crypto-winter-over-morgan-stanley-april-2024/">come out of the crypto winter</a>.” 
Meanwhile, seeing as how this partnership has so far been beneficial, the <a href="https://bitcoinist.com/shiba-inu-team-shib-burn/">Shiba Inu team</a> also used the opportunity to urge members of the community, especially those who have yet to do so, to keep using Binance Pay. They further highlighted the benefits of using the payment service and the convenience it provides.&nbsp; 
In a subsequent post on the magazine, the team put the spotlight on Marswap aggregator, Shibarium’s foremost aggregator. Having just launched, Marswap has promised to slash trading costs on the Shibarium network by 15%. These reduced trading costs can help increase trading activity on the <a href="https://bitcoinist.com/shiba-inu-shibarium-public/">layer-2 network</a> if eventually accomplished.&nbsp; 
Marswap’s launch is also timely, considering that Bitcoinist <a href="https://bitcoinist.com/shiba-inu-shibarium-99-decline/">recently reported</a> that Shibarium is experiencing a 99% decline in daily transactions recorded.&nbsp; 
<h2 id="shiba-inu-records-success-with-name-service">Shiba Inu Records Success With Name Service</h2> 
As highlighted in the magazine, the SHIB name service <a href="https://bitcoinist.com/shiba-inu-shib-name-service-launch/">launched</a> about two weeks ago has been a success. The demand for this service is said to have exceeded expectations, with thousands of registrations pouring in from <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-8-billion-shib-burned/#:~:text=Over%208%20Billion%20Shiba%20Inu%20Burned%20In%20The%20Last%2024%20Hours&amp;text=As%20a%20result%20of%20this,transferred%20to%20a%20dead%20wallet." rel="nofollow noopener" target="_blank">members of the SHIB community</a>. Interestingly, the premium names have been highly coveted despite costing more, with a starting price point of $50 per name.&nbsp; 
The team also revealed in the magazine that public access to <a href="https://bitcoinist.com/shiba-inu-game-changing/">Shib Names</a> is scheduled for March 26, after which the D3 Marketplace will launch. Once the marketplace launches, users will be able to trade their Shiba names.&nbsp; 
SHEB, the token representing the <a href="https://bitcoinist.com/shiba-inu-ethereum-erc-404-nft/">‘SHEboshis’ NFT</a> (non-fungible token) collection, is another of the team’s innovations that are enjoying immense success. SHEB was recently listed on CoinW, a leading trading platform, and is said to be rapidly gaining popularity. Since being listed on the platform, the ERC-404 token has ranked among the trending crypto tokens every week.&nbsp; 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/FO8hXSZ9/" alt="Shiba Inu price chart from Tradingview.com" width="3286" height="1530">

Shiba Inu Team Just Dropped The Latest SHIB Magazine, Here’s The 411

Table of Contents

Bitcoinist

Other articles published on Mar 21, 2024

Beefy (BIFI) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Bitcoin Retraces After Peak, Dogecoin Remains Strong

ApeCoin and Polkadot Trade Sideways While New Investment Opportunities Emerge With Milei Moneda

CoinEx Leads the Way When It Comes to Memecoins

Coinbase Legal Officer Explains Why Ethereum Is Not a Security

XRP Suddenly Adds $3 Billion to Market Cap in Just 24 Hours

Join our free newsletter for daily crypto updates!