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Dublin, Ireland – (Newsfile Corp. – November 10, 2022) – Shibnobi Shinja, an open source cryptocurrency token formed on the Ethereum blockchain, is migrating from version 1 to version 2 on November 15. This is a deflationary cryptocurrency project that aims to contribute to the decentralized finance ecosystem, where enthusiasts seek out new ideas in hopes of becoming one of the first investors in new and upcoming projects.

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The plan to achieve these goals includes a multi-chain exchange called Shibnobi Swap. Think of each cryptocurrency chain as a global trading chain. What the exchange does is provide a secure and verified group of goods from all chains in a market. In this case, the commodities are the cryptocurrency projects. This approach, combined with the structure of a public ledger of immutable transactions that make up the blockchain, brings a newfound transparency of innovations in the crypto ecosystem. In just under a year, the company launched 8 swap projects.

Shibnobi followed over 300,000 across all social media platforms, with daily AMAs on weekdays Monday through Friday broadcast across multiple social media platforms from a custom studio at the Texas headquarters. The team believes that continuing engagement with the community and listening to people’s voices helps provide a better chance for the further development of the project.

To exemplify the principles, the team listened to the majority’s request and are now migrating from the existing version 1 contract to the new and improved version 2. At the time of migration, the new token structure will be a DAO or a decentralized autonomous organization, this structure will give the community the opportunity to vote on the decision that will be taken for the future of the project. The supply of V2 will be 100 billion Shinja Token, resulting in a lower pricing structure and giving the project the ability to continue listing on higher tier centralized exchanges.

On November 1, 2022, at 12:45 CST, trading was stopped on the BSC smart chain and the ETH blockchain for the $ SHINJA token. For investors who currently hold a CEX, the tokens will automatically migrate from V1 to V2 and require no action. However, if people hold in a decentralized wallet such as a trust wallet or metamask and buy tokens from a decentralized swap such as Uniswap or Shibnobiswap, an action and transaction fee will be required from the corresponding blockchain used. The team recommends joining the Shibnobi Telegram from the official website Shibnobi.com to view a spreadsheet with the lowest transaction times on the ETH blockchain.

There will be no presale or private sale assignment with the relaunch of Shibnobi. The company is simply updating the smart contract that challenges the integrity and security of the cryptocurrency project. Following the successful relaunch, the team hopes the starting price and tokenomics will be more attractive to new investors, while also incentivising long-term holders through staking.

Shibnobi is proud to work alongside such an incredible community with the goal of creating a better space for cryptocurrencies and will continue to lead with innovation, transparency and trust by providing information updates and community interaction every step of the way. Parallel to the development and provision of this new ecosystem with a global network focused on space improvement.

Website: https://shibnobi.com/
CoinMarketCap: https://coinmarketcap.com/currencies/shibnobi/
CoinGeco: https://www.coingecko.com/en/coins/shibnobi

Social handles:

Twitter: https://twitter.com/Shib_nobi/
Telegram: https://t.me/ShibnobiCommunity
Facebook: https://www.facebook.com/Shibnobi
Youtube: https://www.youtube.com/shibnobi
LinkedIn: https://www.linkedin.com/company/shibnobi/

Contact details:

Contact name: Sara Lemenorel
E-mail: [email protected]
Position: Dublin, Ireland

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/143800

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