{"id":229863,"date":"2024-01-15T20:51:44","date_gmt":"2024-01-15T15:21:44","guid":{"rendered":"https:\/\/dripp.zone\/news\/shiba-inu-community-cheers-as-gate-io-embraces-shibarium-crypto-news\/"},"modified":"2024-01-15T20:51:47","modified_gmt":"2024-01-15T15:21:47","slug":"shiba-inu-community-cheers-as-gate-io-embraces-shibarium-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/shiba-inu-community-cheers-as-gate-io-embraces-shibarium-crypto-news\/","title":{"rendered":"Shiba Inu Community Cheers as Gate.io Embraces Shibarium &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p><span style=\"font-weight: 400\">Gate.io, a digital currency exchange, has announced its integration with Shibarium, the layer-2 network of Shiba Inu. This marks a pivotal moment for Shibarium as it gains recognition and support from one of the industry\u2019s major players.<\/span><\/p>\n<h2>Integration Sparks New Opportunities<\/h2>\n<p><span style=\"font-weight: 400\">Gate.io\u2019s recent decision to support Shibarium opens up new avenues for Shiba Inu\u2019s growing network. Users now have the <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/shiba-inu-team-signals-minting-of-bone-token-almost-complete\/\"><span style=\"font-weight: 400\">ability <\/span><\/a><span style=\"font-weight: 400\">to withdraw Shibaswap (BONE) tokens to their Shibarium-compatible wallets, such as Metamask, directly from the Gate.io platform. This integration not only streamlines the process but also enhances accessibility to Shibarium\u2019s diverse range of decentralized applications (dApps).<\/span><\/p>\n<h2>Shibarium\u2019s Rising Popularity<\/h2>\n<p><span style=\"font-weight: 400\">Despite facing challenges in its early stages, particularly in securing partnerships with top-tier exchanges, Shibarium has steadily <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/shibarium-transaction-count-derails-what-is-happening\/\"><span style=\"font-weight: 400\">garnered <\/span><\/a><span style=\"font-weight: 400\">attention in the crypto space. Its rapid accumulation of capital and increasing transaction numbers highlight its rising popularity. Furthermore, this development aligns with the Shiba Inu community\u2019s expectations, which foresees further adoption by other leading exchanges, given the cryptocurrency\u2019s substantial user base of over 1.6 million holders.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Gate.io joins the ranks of other exchanges like Australia-based GroveX in recognizing the potential of Shibarium. This growing <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/shiba-inu-team-releases-step-by-step-guide-to-buy-shibarium-based-nfts\/\"><span style=\"font-weight: 400\">network <\/span><\/a><span style=\"font-weight: 400\">of support underlines Shibarium\u2019s appeal in the market and its capacity to attract prominent players in the cryptocurrency exchange arena. With the Shiba Inu team actively pursuing further integrations, this could mark the beginning of a broader acceptance and integration of Shibarium across the industry.<\/span><\/p>\n<h2><strong>SHIB Price Trend<\/strong><\/h2>\n<p>Currently, Shiba Inu trades at $0.000010, witnessing a slight decline of 1.91% in the last 24 hours. Despite these fluctuations, the cryptocurrency maintains its strong position in the market, ranking 17 on CoinMarketCap with a live market cap of over $5.69 billion.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-174269\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/screenshoteasy-2024-01-15T175616.718.png\" alt=\"\" width=\"643\" height=\"414\" \/><\/p>\n<p><em>SHIB\/USD 1-day price chart (source: CoinMarketCap)<\/em><\/p>\n<p><span style=\"font-weight: 400\">This integration could potentially influence its market performance, as accessibility and utility often play critical roles in a cryptocurrency\u2019s value.<\/span><\/p>\n<p><b>Read Also: <\/b><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/moodys-warns-of-risks-in-rising-tokenized-investment-funds\/?utm_source=cgtelegram\"><span style=\"font-weight: 400\">Moody\u2019s Warns of Risks in Rising Tokenized Investment Funds<\/span><\/a><\/p>\n<p>The post <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/shiba-inu-community-cheers-as-gate-io-embraces-shibarium\/\">Shiba Inu Community Cheers as Gate.io Embraces Shibarium<\/a> appeared first on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\">CoinGape<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gate.io, a digital currency exchange, has announced its integration with Shibarium, the layer-2 network of Shiba Inu. This marks a pivotal moment for Shibarium as it gains recognition and support from one of the industry\u2019s major players. Integration Sparks New Opportunities Gate.io\u2019s recent decision to support Shibarium opens up new avenues for Shiba Inu\u2019s growing [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":162339,"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-229863","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\/229863","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=229863"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/229863\/revisions"}],"predecessor-version":[{"id":229864,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/229863\/revisions\/229864"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/162339"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=229863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=229863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=229863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}