ShibArmy recently highlighted the numerous benefits that Marswap’s expansion brings to Shibarium, a Shiba Inu Layer 2 network, and various other networks.
Marswap expands its services on Shibarium and other platforms, unveiling groundbreaking transaction fees that spark a rally in the prices of BONE, LEASH, and SHIB.
Marswap Expands Services Across Multiple Blockchains
Marswap, a decentralized exchange (DEX) operating on the Shiba Inu Layer 2 (L2) network known as Shibarium, recently announced ambitious plans to broaden its reach in the DeFi space. The DEX aims to revolutionize its platform for users worldwide by extending its services to multiple blockchains. Specifically, Marswap is now expanding its offerings to five prominent networks: Base Network, Binance Chain, Cronos, Ethereum, and Shibarium.
Accompanying Marswap’s expansion is the introduction of a groundbreaking flat fee structured trading system. This innovative pricing model has attracted widespread attention within the global crypto community. Under this system, Marswap charges a single fixed fee for all transactions conducted within the Shibarium network.
Marswap’s Expansion Transforms Shibarium Ecosystem
ShibArmy recently shed light on the transformative impact of Marswap’s expansion on the Shibarium ecosystem. Among the notable enhancements brought forth by this expansion are the introduction of various features:
1. Launchpad for New Projects: Marswap’s Launchpad facilitates the launch of new projects within the Shibarium ecosystem.
2. Token Creator: Users can now create personalized digital assets using the Token Creator feature.
3. Presale Opportunities: The Presale feature allows users to participate in early investment opportunities.
4. Multi-sender: Users can execute bulk transactions conveniently using the Multi-sender feature.
5. Liquidity Pairs (LP) Addition: Marswap has added Liquidity Pairs (LP) to enable live trading within the ecosystem.
Revolutionary Flat Fee Model: Marswap’s adoption of a flat fee model marks a revolutionary shift in transaction fee structures. Unlike the conventional 0.3% transaction fee encountered on most platforms, Marswap now offers users the opportunity to pay a mere 10 cents in the governance token of each respective chain for any transaction size. This groundbreaking fee structure has garnered significant attention from crypto traders and investors worldwide, presenting a stark contrast to the hefty fees associated with standard decentralized exchanges.
Impact on Shibarium Tokens: The announcement of Marswap’s expansion and the introduction of its flat fee model coincided with a notable surge in the prices of Shibarium tokens, including BONE, LEASH, and SHIB. This price uptick aligns with the excitement surrounding the enhancements introduced by Marswap within the Shibarium ecosystem.
Shibarium Tokens Experience Significant Price Surges
As of the latest update, Shibarium tokens, including LEASH and Bone ShibaSwap, have witnessed notable price increases, reflecting positive market sentiment and heightened trading activity.
LEASH Price Surge: The price of LEASH, often dubbed the “Doge Killer,” has surged by 6.96% in the past 24 hours, reaching a current trading price of $278.24. Additionally, LEASH’s trading volume has experienced a substantial increase of 3.97%.
Bone ShibaSwap Price Jump: Bone ShibaSwap has also seen a significant price jump, with a 5.11% increase in the past 24 hours. The token is currently trading at $0.6346. Moreover, Bone’s trading volume has surged by 18.44%, indicating heightened investor interest.
Shiba Inu Price Upsurge: Meanwhile, the price of Shiba Inu (SHIB), the renowned meme coin, has noted a 3.71% upsurge, reaching a current price of $0.000009178. Notably, SHIB’s trading volume has seen a remarkable surge of 72.29%, now resting at $134.76 million.
These price surges and increased trading volumes suggest growing investor confidence and interest in Shibarium tokens, reflecting positive developments within the Shibarium ecosystem.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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