{"id":225617,"date":"2024-01-08T14:58:02","date_gmt":"2024-01-08T09:28:02","guid":{"rendered":"https:\/\/dripp.zone\/news\/shiba-inu-team-releases-step-by-step-guide-to-buy-shibarium-based-nfts-crypto-news\/"},"modified":"2024-01-08T14:58:04","modified_gmt":"2024-01-08T09:28:04","slug":"shiba-inu-team-releases-step-by-step-guide-to-buy-shibarium-based-nfts-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/shiba-inu-team-releases-step-by-step-guide-to-buy-shibarium-based-nfts-crypto-news\/","title":{"rendered":"Shiba Inu Team Releases Step-By-Step Guide To Buy Shibarium-based NFTs &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Amid reports that Shibarium \u2014 the Ethereum layer-2 blockchain affiliated with the Shiba Inu (SHIB) meme coin \u2014 is witnessing <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/shiba-inus-shibarium-loses-steam-is-this-the-reason-for-shibs-fall\/\">declining transaction<\/a> activity, a team member of the SHIB ecosystem on Sunday took to X (formerly Twitter) and outlined the steps to buy Shibarium-based non-fungible tokens (NFTs).<\/p>\n<p>Launched in August last year, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/understanding-impact-of-shibarium-on-the-shib-inu-ecosystem\/\">Shibarium<\/a> has shifted its focus on metaverse, gaming, and decentralized finance (DeFi) applications recently \u2014 evidence that the Shiba Inu ecosystem has come a long way from its origins as a meme coin.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h2>Shibarium Emerges As NFT Hub<\/h2>\n<p>Furthermore, Shiba Inu\u2019s Shibarium is home to a variety of NFTs, which demonstrates the network\u2019s utility. Among the NFT collections that have launched on Shibarium thus far include ColonelCoup, and Shib Dream NFT.<\/p>\n<p>As the buzz around Shibarium-based NFTs intensifies, a Shiba Inu ecosystem member \u2014 who goes by the moniker \u201cLucie\u201d on X \u2014 shared a step-by-step guide on the social media platform, explaining to the Shiba Inu community members how they can buy these digital assets.<\/p>\n<h3>How To Buy Shibarium NFTs: Explained<\/h3>\n<p>According to Lucie\u2019s post, users willing to buy Shibarium NFTs first need to ensure they\u2019ve Ethereum (ETH) in their wallets, along with any Shiba Inu ecosystem asset, such as SHIB, BONE, or LEASH. The next step is adding the Shibarium network to their Web3 crypto wallet using the wallet\u2019s browser extension.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<figure id=\"attachment_172753\" aria-describedby=\"caption-attachment-172753\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-172753\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/Screenshot-2024-01-08-at-2.11.23%E2%80%AFPM-931x1224.png\" alt=\"Shibarium-based NFTS\" width=\"1200\" height=\"887\"\/><\/noscript><figcaption id=\"caption-attachment-172753\" class=\"wp-caption-text\">Shiba Inu Team Member Explains How To Buy Shibarium-based NFTS<\/figcaption><\/figure>\n<p>While explaining the process, Lucie referred to BONE ShibaSwap (BONE) as the preferred digital asset. However, the steps will remain the same if one wants to use another Shiba Inu ecosystem asset.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>Upon adding the network, users need to bridge their BONE tokens. To do this, users can visit the Shibarium Staking platform, where they will come across several Shibarium-based NFT marketplaces, such as Mantra Protocol. Then, users can select an NFT of their choosing and purchase it using BONE. The prices of NFT collections available on Shibarium are anywhere between 10 to 10,000 BONE tokens.<\/p>\n<p>Beyond sharing the guide, Lucie also hailed Shibarium-based NFTs for their low transaction fees, saying users are required to pay as low as $0.01 in fee on each transaction.<\/p>\n<p>This comes at a time when Shibarium is experiencing a decline in trading activity, with its transaction count falling to $5.69 million from an average of 7 million in the past 30 days. This has resulted in a decline in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/shiba-inu\/\">SHIB price<\/a>, which has fallen nearly 9% in the last seven days to $0.00000<\/p>\n<p><strong>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/xrp-etf-ripple-crypto-news\/\">XRP ETF Filing To Come Within Weeks After Bitcoin ETF Approval?<\/a><\/strong><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><noscript><link rel=\"stylesheet\" id=\"quads-style-css-css\" href=\"https:\/\/coingape.com\/wp-content\/plugins\/quick-adsense-reloaded\/includes\/gutenberg\/dist\/blocks.style.build.css?ver=2.0.72.1\" type=\"text\/css\" media=\"all\"\/><link rel=\"stylesheet\" id=\"dscf7-math-captcha-style-css\" href=\"https:\/\/coingape.com\/wp-content\/plugins\/ds-cf7-math-captcha\/assets\/css\/style.css?ver=6.3.2\" 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               \n\n<div class=\"Educontent\">Changelly\u2019s XRP Price Forecast: A Journey from 2024 to 2050 <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n     \n                              \n          <\/div>\n\n\n    \n          \n \n    \n            \n    <\/div>\n\n        --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid reports that Shibarium \u2014 the Ethereum layer-2 blockchain affiliated with the Shiba Inu (SHIB) meme coin \u2014 is witnessing declining transaction activity, a team member of the SHIB ecosystem on Sunday took to X (formerly Twitter) and outlined the steps to buy Shibarium-based non-fungible tokens (NFTs). Launched in August last year, Shibarium has shifted [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":154454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-225617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/225617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=225617"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/225617\/revisions"}],"predecessor-version":[{"id":225618,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/225617\/revisions\/225618"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/154454"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=225617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=225617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=225617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}