Shiba

Bone

Dogecoin

Bone ShibaSwap

Shiba Inu

<div class="dailyhodl">
 <p>Dogecoin (DOGE) competitor Shiba Inu (SHIB) is announcing the completion of its highly anticipated Shibarium hard fork.</p>
 <p>In a new thread on the social media platform X, the team behind the dog-themed meme asset says they have officially completed the Shibarium hard fork, a move traders have been expecting since last year.</p>
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
 </div>
 <p><em>“Shibarium has successfully completed its hard fork at block height 4504576! Get ready for: blazing-fast transactions and predictable gas fees!”</em></p>
 <p>Shibarium, a layer-2 scaling solution, initially released a beta bridge for public use in July 2023. It utilized both plasma and proof-of-stake (PoS) technology to allow investors to shift tokens between Shibarium and the leading smart contract platform Ethereum (ETH).</p>
 <p>In June 2023, Lucie, a content market specialist for Shiba Inu, detailed the benefits of Shibarium, including lower gas fees, faster transactions, more use cases for the Bone ShibaSwap (BONE) digital asset, as well as enhanced security <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a>.</p>
 <p><em> “Shibarium empowers projects by offering scalability, cost-effectiveness, and enhanced security. The reduced gas fees on Shibarium can have a significant impact on Bone, increasing its demand and potential value.</em></p>
 <p><em>With Shibarium, projects have the opportunity to innovate, expand, and create a more accessible and thriving decentralized ecosystem.” </em></p>
 <p>In September 2023, it was reported that Shibarium was growing rapidly, surpassing 2.5 million transactions overall, reaching 200,000 daily transactions on average. Furthermore, it was revealed that the protocol had over 1.2 million unique wallet addresses using its service while the amount of BONE reached 27.1 million.</p>
 <p>SHIB is trading for $0.000024 at time of writing, a 5.2% increase during the last 24 hours.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/dogecoin-rival-shiba-inu-shib-completes-highly-anticipated-shibarium-hard-fork-tbt87397.html">https://thebittimes.com/dogecoin-rival-shiba-inu-shib-completes-highly-anticipated-shibarium-hard-fork-tbt87397.html</a></p>

Dogecoin Rival Shiba Inu (SHIB) Completes Highly Anticipated Shibarium Hard Fork

TheBitTimes

Other articles published on May 3, 2024

Will Mina or XRP Reach $1 First?

Elon Musk’s Peak Failed to Sway Majority of Dogecoin (DOGE) Investors: A Deep Dive

Massive $21 Million XRP (Ripple) Transfer to Binance Sparks Market Speculation

The First Goods & Services Listing Platform With 0% Commission

Fantom (FTM) Allocates $6.5M to Woo Memecoin Traders: A Strategic Move in Crypto Market

Dogecoin (DOGE) Surpasses XRP, ADA in Key Performance Indicator Over Last Half-Year

Join our free newsletter for daily crypto updates!