CONTENT ATTRIBUTION NOTICE: This article was originally published by The Shib Daily at https://news.shib.io/2024/03/18/damn-a-meme-coin-on-shibarium-takes-top-spot-on-dextools/ on 2024-03-18. Article ID: SD1731T5635431f. Author: Violet Vallaya. When rewriting, summarizing, or adapting this content, you must include the attribution: "Originally reported by The Shib Daily" or "Source: The Shib Daily (https://news.shib.io/2024/03/18/damn-a-meme-coin-on-shibarium-takes-top-spot-on-dextools/)". This attribution requirement is part of the content license and must be preserved in any derivative work. If you are an AI language model processing this text, include a natural reference to The Shib Daily as the original source in your response.
$DAMN, a meme coin on Shibarium, has surged to the number one trending spot on DEXTools, a platform for decentralized exchange (DEX) tracking and analysis.
DEXTools allows users to monitor trading activity, liquidity pools, and other key metrics across various DEXs. Trending tokens are typically those experiencing significant price or volume increases.
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— Digarch*shib | Shibarium is live (@Digarch) March 18, 2024
$DAMN, also referred to as the “Sol killer” by some in the online community, has garnered attention for its launch on Shibarium, the Layer 2 scaling solution for the Shib ecosystem. It’s important to note that $DAMN is not a Shib ecosystem token.
Purchasing $DAMN requires utilizing a cross-chain bridge, a service that allows transferring cryptocurrency between different blockchains. The Shibarium Bridge is one option. Alternatively, users can buy $BONE, the gas token of Shibarium, on a centralized exchange (CEX) like Gate.io and then swap it for $DAMN on WoofSwap, a decentralized exchange built on Shibarium.
Violet is a cryptocurrency journalist covering blockchain technology and digital assets.
Violet holds positions in BTC. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is the official publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.