Fri, September 06, 2024 at 20:49
Hey Annie!
Guess what?
The Shiba Inu team just announced two major milestones that are super exciting!๐
Oh really?
What are they?๐
First off, Shibarium, Shiba Inu's Layer 2 solution, has hit a huge milestone in NFT minting.
They've minted over 140,000 NFTs!๐
Wow, that's a lot!
How much did it cost in gas fees?
You'll be amazed!
It only cost about 800 BONE, which is roughly $310.
Talk about cost-efficiency!๐ธ
That's impressive!
How did they manage to keep the costs so low?
Lucie, Shiba Inu's marketing lead, said it's all thanks to Shibarium's scalability and low transaction costs.
Even with high volumes, the gas fees stay minimal.
Perfect for large-scale NFT projects!๐
That's really cool!
What about the second milestone?
The second milestone is from K9 Finance.
They're launching a staking solution for BONE on September 18, after passing a smart contract audit.๐๏ธ
Staking solution?
What does that mean for SHIB holders?
It means SHIB holders can lock up their BONE tokens and earn rewards.
This helps secure the network and makes it more robust.๐ช
Sounds like a win-win!
How did the community react to these announcements?
The community is super excited!
Lucie mentioned that Shibarium's beta phase had all gas fees sponsored, making it easier for creators to mint NFTs without upfront costs.๐
That's great for creators!
Do you think these milestones will have a big impact on the market?
Absolutely!
These developments show that Shiba Inu is serious about enhancing its ecosystem.
It could attract more users and projects, boosting the market.๐
So, is this good news for investors like me?
Definitely!
More utility and lower costs make Shiba Inu more attractive.
Plus, the staking rewards can be a great incentive.
It's a positive sign for the future!๐
Thanks, Joy!
This really helps me understand the potential here.๐
Anytime, Annie!
Always happy to share exciting news with you.๐
To sum up, this article is considered a ๐Bullish for investors!!