⛔ Stop guessing ⛔ Use our free stock screener to find new opportunities fast Try Free Screener

Shiba Inu Receives Thrilling Surprise as Shibarium Key Milestone Nears

Published 2023-11-16, 12:15 p/m
© Reuters.  Shiba Inu Receives Thrilling Surprise as Shibarium Key Milestone Nears
SHIB/USD
-

U.Today - 's "big reveal" came at the start of the week, when boxing icon Manny "Pacman" Pacquiao graced the cover of the second issue of SHIB magazine.

In a tweet, the Shiba Inu team revealed its partnership with the Manny Pacquiao Foundation (MPF), a nonprofit led by eight-time WBC champion Manny "Pacman" Pacquiao, for the latest edition of the SHIB magazine. Since 2021, MPF has accepted SHIB on its website.

Shiba Inu developer wrote about the partnership, hinting at big plans in the pipeline. "We have big plans with the PacMan, non profit sector is majorly ignored and blockchain can make big impact there," Kaal said in an X post.

Shiba Inu Layer-2 Shibarium will be used by the Manny Pacquaio Foundation for fundraising and operational activities, Coindesk reported.

Shibarium, Shiba Inu's Layer-2 blockchain, allows users to transact on the network at a reasonable cost.

Shibarium restarted in late August and has since made progress and gained new integrations. The Layer-2 protocol is currently nearing the milestone of four million total transactions.

Per , Shibarium has reached 3,934,662 in total transactions and 1,265,685 in wallet addresses. The total number of blocks on the Shibarium mainnet has reached 1,657,244, with a block time of 5.0 seconds on average.

Shibarium daily transactions increased somewhat in the last 24 hours, reaching 13,210, up from roughly 10,000 at the start of the week.

As reported, Shiba Inu lead Shytoshi Kusama teased exciting updates in the pipeline for Shibarium. Kusama shares on Telegram that the SHIB team has made "some new friends" and is actively discussing the integration of Shibarium with CEXes - centralized exchanges - shortly.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.