Shiba Inu Boost: DEX’s Token Hits New Milestone

CoinMerge, the latest decentralized exchange [DEX] to broaden its support for Shiba Inu products, brings significant news to the forefront. The platform’s exclusive token, CMOS, has achieved a noteworthy milestone by surpassing 3000 ETH holders. In an official post, CoinMerge expressed appreciation for the recent collaboration between SHIB and BONE, identifying it as a pivotal factor contributing to the increased traction for the exchange. The announcement, posted on X, underscores the positive impact of the SHIB and BONE partnership on CMOS’s success. The post reads,

With the recent SHIB and BONE partnership, the CMOS token just crossed 3000 ETH holders! [2M mc]. We look forward to supporting their ecosystem as well as building the Shibarium blockchain to be one of the premier layer 2s in cryptocurrency. Shiba Inu is much more than a meme coin. Their suite of utilities outclasses even the most robust utility tokens in the space. This is ultimately what sold us on getting fully behind them.

CoinMerge had previously listed BONE on its platform and designated the token as the first asset to leverage its newly updated features, including GIGA charts and an asset tracker. Demonstrating an elevated commitment to Shiba Inu, CoinMerge has now initiated a plan to shift its entire operations to Shibarium, the cryptocurrency’s Layer 2 scaling solution.

Shiba Inu: CoinMerge To Provide Free Blockchain Data To Developers

In a bid to support the Shiba Inu ecosystem further, CoinMerge’s team has taken the initiative to provide free Shibarium blockchain data to developers. This offering will remain accessible for the next six months.

The trading platform prides itself on its three major branches: the all-in-one dApp CMOS, a dynamic marketing agency, and the groundbreaking Web3 Shards. Collectively, these components offer a comprehensive toolkit for individuals, communities, traders, and developers, facilitating navigation and prosperity in the Web3 landscape.

Recognizing CoinMerge’s proficiency in producing banner ads, social media posts, and professionally hosted AMAs, the Shiba Inu team believes that their extensive social reach would be instrumental in bringing substantial value to the Shibarium ecosystem, reinforcing the notion that Shiba Inu is not merely a meme coin but a robust entity with utilities surpassing even the most formidable tokens in the space.

Lipika Deka: Lipika is a crypto-journalist at TWJ. A graduate in economics and finance, she has a keen interest in the political and socio-economic facets of blockchain technology and the cryptocurrency industry.