Shibarium Rising: Gate.io Ignites Shib Army Excitement with Expanded Support for SHIB and LEASH

The Shibarium ecosystem is witnessing a surge in enthusiasm as Gate.io, the 7th largest cryptocurrency exchange by trading volume, expands support for Shiba Inu (SHIB) and Doge Killer (LEASH).

The Shib Army is buzzing with excitement as Gate.io quietly rolled out a game-changing feature: direct support for SHIB and LEASH on the Shibarium network. Though yet to be officially announced by the exchange, the news spread like wildfire after Maximous (@MaximousDarwin on X), a trusted voice within the community and moderator on Shibarium’s communication channels, shared screenshots revealing the expanded support.

Maximous, expressed heartfelt gratitude to Gate.io for their continued support of the ecosystem. “Thank you @gate_io for adding support to $SHIB and $LEASH on #Shibarium. The #ShibArmy can now deposit and withdraw #SHIB and #LEASH from and to Shibarium on #gate_io,” they enthusiastically shared in an X post.

Gate.io’s support for the Shiba Inu ecosystem is far from a recent phenomenon. The exchange has been consistently championing the project, starting with its early embrace of BONE, Shibarium’s native gas token. This initial show of confidence solidified Gate.io’s belief in the long-term potential of Shiba Inu and its underlying technology.

In March, Gate.io doubled down on its commitment, listing BONE for margin trading. This strategic move not only increased BONE’s accessibility but also amplified its utility, allowing users to leverage the token for enhanced trading strategies.

Now, with the seamless integration of SHIB and LEASH on Shibarium, Gate.io has truly cemented its position as a key player in the Shiba Inu ecosystem. More than just a technical upgrade, this latest development is a testament to the exchange’s dedication to fostering a thriving community and providing users with the tools they need to fully engage with the Shiba Inu world.

This growing synergy between Gate.io and the Shiba Inu project underscores the increasing collaboration between exchanges and blockchain initiatives. This symbiotic relationship benefits both parties, with the exchange gaining a loyal and passionate user base, while the Shiba Inu ecosystem enjoys increased visibility and adoption.

Adding to the already palpable excitement surrounding Shiba Inu, marketing lead Lucie (@LucieSHIB on X), recently unveiled a community-led giveaway with a $2,000 prize pool, set to kick off this Sunday. Lucie’s enthusiasm for Shibarium was contagious as she highlighted the project’s core strengths: “the project’s focus on community, its low transaction fees, and the strong support it receives from its developers”

This giveaway, coupled with the recent Gate.io support upgrade, has undoubtedly set the stage for a bright future for the Shiba Inu ecosystem. With a vibrant community, robust technology, and strong partnerships, Shibarium is poised to redefine the way we interact with and utilize blockchain technology.

Yona has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is an official media and 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.

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