Shiba Inu Expands Crypto Trading Landscape With NFT Bridge On Shibarium As Burn Rate Spikes 305%

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 Inu’s 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.

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