Sharbi, the leading coin of the Shiba Inu community on the L2 Shibarium, announces the launch of FETCH, a multichain bridge that connects Shibarium, Ethereum, and Arbitrum in just 15 seconds.
Sharbi is the top coin launched by the Shiba Inu community on the L2 Shibarium, a layer-2 blockchain platform that runs on top of Ethereum.
The token aims to be the ultimate meme coin that combines the power of Shibarium and the popularity of Shiba Inu. Sharbi holders can enjoy low fees, high rewards, and access to various decentralized applications and services on Shibarium.
FETCH is a one-of-its-kind multichain bridge that connects Shibarium, Ethereum, and Arbitrum, a layer-2 scaling solution for Ethereum. It is developed by Solidity.io, a prominent blockchain development firm, and supported by the Shiba Inu community.
FETCH allows users to transfer SHARBI and BONE tokens between Shibarium, Ethereum, and Arbitrum in just 15 seconds, a significant improvement from the current off-chain bridging time of 7 days. The multichain bridge also enables users to bridge any other token that the DAO votes to whitelist, making it a versatile and inclusive tool for the crypto community.
It uses smart contracts and oracles to verify and execute the cross-chain transfers. Users can simply connect their wallets to the FETCH interface and select the tokens and the chains they want to bridge. FETCH will then handle the rest, ensuring a smooth and secure experience.
FETCH is a game-changer for the Shiba Inu ecosystem because it offers several benefits, such as:
- Enhanced liquidity: FETCH enables users to access more liquidity pools and trading opportunities across different chains, increasing the demand and value of SHARBI and BONE tokens.
- Improved usability: FETCH simplifies the user experience by allowing users to bridge tokens in seconds rather than days, saving time and money. FETCH also supports multiple wallets and devices, making it easy and convenient to use.
- Increased innovation: FETCH fosters innovation by allowing developers to create and deploy new decentralized applications and services on Shibarium, Ethereum, and Arbitrum, leveraging the best features of each chain.
- Strengthened community: FETCH strengthens the community by encouraging collaboration and participation among the Shiba Inu supporters, DAO members, and strategic partners. FETCH also showcases the vision and leadership of the Shiba Inu community, which aims to create a decentralized and inclusive crypto ecosystem.
Sharbi’s price and performance are positively affected by FETCH, as it reflects the growth and potential of the Shiba Inu ecosystem. Sharbi’s price traded primarily in the green as of press time, indicating investors’ and traders’ optimism and enthusiasm.
It is currently $0.0000012, up by 12% in the past 24 hours. The 24-hour low and high are $0.0000010 and $0.0000013, respectively. The trading volume has increased by 35% in the past 24 hours, signaling more activity and interest in the market.
Sharbi’s market cap is currently $1.2 billion, ranking it among the top 100 coins by market cap. Sharbi has a total supply of 1 quadrillion tokens, of which 50% are burned, 25% are locked in liquidity, and 25% are distributed to the community.