Crypto Mufasa
Advertise
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
  • Login
  • Register
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
Crypto Mufasa
No Result
View All Result
Home Altcoin News

Shytoshi Kusama Advises NFT Investors Ahead of Shibarium’s Upcoming Launch

Ian Ogutu by Ian Ogutu
August 13, 2023
in Altcoin News, General News, NFT News
Reading Time: 2 mins read
A A
0
shibarium
Share on FacebookShare on Twitter
ADVERTISEMENT

Table Of Content:

  • Shytoshi’s warning
    • The Future of the Shibarium Protocol

Shiba Inu holders are eagerly awaiting the release of the newly designed Shibarium protocol. What does Shytoshi Kusama have to say about his new project, though? Let’s find out below

Shytoshi’s warning

The Shibarium protocol has been designed to integrate a wide selection of decentralized applications. According to the news on the Shibarium Protocol Discord Server, Shytoshi Kusama stated that Shibarium will also be dealing with the minting of non-fungible tokens. Following a question posed regarding minting guidelines, he went ahead and said that the smart contracts will guide the investors depending on the option they select.

. @ShytoshiKusama is chatting on Shibarium tech discord 😁 pic.twitter.com/vRfrmRQaWY

— π‹π”π‚πˆπ„ | Summer of Shibarium (@LucieSHIB) August 11, 2023

The Shibarium team has gone ahead and warned NFT investors to carry out their own research before jumping into the game. Since the protocol will still be new and has yet to be tested, it is highly encouraged, as these tokens are subject to high volatility. As a result of this, the Shibarium release is dependent on feedback from community members.

The release of the protocol will take place at the BlockChain Futurist Conference, set to take place from August 13thΒ to 17th.

You May AlsoLike

Memeinator: The Crypto Hero On A Mission To Cleanse Meme Coins

Memeinator: The Crypto Hero On A Mission To Cleanse Meme Coins

September 28, 2023
Binance Advises Euro Users To Convert To USDT As Paysafe Ends Support

Binance Advises Euro Users To Convert To USDT As Paysafe Ends Support

September 28, 2023

The Future of the Shibarium Protocol

According to outlookindia.com, Shibarium is going to be a major pacesetter for other meme coins. The two major meme coins that are currently trending in the market are the Love Hate Inu (LHINU) and the Tamadoge (TAMA). Shiba Inu token holders will be attracted to these meme coins thanks to the release of Shibarium.

The Shibarium protocol will also be of good fortune to the Shiba Inu token holders thanks to its ability to burn tokens, making them rare items. This will greatly increase the bullish conditions of the Shiba Inu token, especially as the supply currently overrides the demand.

It is therefore clear that the Shibarium protocol will be of good use to the Shiba Inu community.

Tags: NFTshibarium
Share81Tweet51
ADVERTISEMENT
Previous Post

Senator Lummis takes Coinbase’s side in its case against SEC by filing a motion to dismiss the case

Next Post

Will Trump use his Crypto assets to fund his presidential campaign? Investors speculate

Ian Ogutu

Ian Ogutu

Related Posts

Memeinator: The Crypto Hero On A Mission To Cleanse Meme Coins
Altcoin News

Memeinator: The Crypto Hero On A Mission To Cleanse Meme Coins

September 28, 2023
Binance Advises Euro Users To Convert To USDT As Paysafe Ends Support
Crypto Exchanges

Binance Advises Euro Users To Convert To USDT As Paysafe Ends Support

September 28, 2023
XRP’s Path To Success: 3 Reasons Ripple Could Explode In 2023
Altcoin News

XRP’s Path To Success: 3 Reasons Ripple Could Explode In 2023

September 27, 2023
BlockFi Moves Closer To Repaying Customers As Court Gives The Nod
Crypto Exchanges

BlockFi Moves Closer To Repaying Customers As Court Gives The Nod

September 27, 2023
95% Of NFTs Have Zero Value, New Research Shows
NFT News

95% Of NFTs Have Zero Value, New Research Shows

September 26, 2023
Mixin Network Falls Victim to $200 Million Security Breach
General News

Mixin Network Falls Victim to $200 Million Security Breach

September 25, 2023
Next Post
Will Trump use his Crypto assets to fund his presidential campaign

Will Trump use his Crypto assets to fund his presidential campaign? Investors speculate

Discussion about this post

Live Prices

Stay Connected

You May Also Like

  • Terra Classic Price Prediction: What Is an Ideal LUNC Buy Zone?

    Terra Classic Price Prediction: What Is an Ideal LUNC Buy Zone?

    201 shares
    Share 80 Tweet 50
  • XRP’s Path To Success: 3 Reasons Ripple Could Explode In 2023

    198 shares
    Share 79 Tweet 50
  • Elon Musk’s Silence And Its Impact On DOGECOIN

    194 shares
    Share 78 Tweet 49
  • 3 Cryptocurrencies To Avoid Trading In The Upcoming Week

    194 shares
    Share 78 Tweet 49
  • Grayscale vs. SEC Decision Boosts XRP

    194 shares
    Share 78 Tweet 49
  • About Us
  • Contact Us
  • Work With Us
  • Privacy Policy
  • Terms Of Service

Β© 2022-2023 CryptoMufasa - All Rights Reserved!

No Result
View All Result
  • General News
  • Beginner Guides
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Price Predictions
  • Google News

Β© 2022-2023 CryptoMufasa - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms Of Services and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Table Of Content:

Γ—
  • Shytoshi’s warning
    • The Future of the Shibarium Protocol
→ Index
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.