Shiba Inu: Here’s How ShibaSwap Fares Against Uniswap in 2023
It is 2023 and somehow Shiba Inu is still relevant. Without throwing any shade, the previous statement is justified because SHIB is one of those bull market ‘darlings’. In 2017, Verge or XVG token cherished a similar rise in popularity after its 1581942% surge. At the moment, it is ranked 244th, and peripheral from the industry. To Shiba Inu’s credit, its ecosystem did not shy away from innovation. They had plans for a DEX, metaverse, gaming, burning protocols, and whatnot. While some of these sectors are still in progress, its decentralized exchange launched in 2021. And it did not disappoint. ShibaSwap , a native DeFi platform for Shiba users went live in July 2021, in order to boost Shiba Inu’s utility tokens. Within 24-hours, the platform surpassed over $1 billion in total value locked or TVL. It is actually an incredible statistic and it falls as a testament to the initial interest from SHIB users. Now, in this article, we are analyzing the same DEX and i...