Shiba Inu Expands Crypto Trading Landscape With NFT Bridge On Shibarium As Burn Rate Spikes 305%
Posted On October 29, 2024
Shiba Inu (CRYPTO: SHIB) cryptocurrency project announced the launch of a non-fungible token (NFT) bridge for its Layer-2 blockchain, Shibarium, paving the way for the smooth transfer of Ethereum (CRYPTO: ETH)-based NFTs.
What Happened: On Monday, Shiba Inuβs official X account posted about the activation of NFT Bridge on Shibarium. The new feature allows users to deposit and withdraw Ethereum-based NFTs by simply connecting their wallets like MetaMask, potentially opening up new avenues for trading.