How Will Shiba Inu’s Partnership with Chainlink Impact Its Ecosystem?

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TheNewsCrypto 1d ago

How Will Shiba Inu’s Partnership with Chainlink Impact Its Ecosystem? - TheNewsCrypto

Quick Summary:

Shiba Inu’s Layer-2 blockchain, Shibarium, has teamed up with Chainlink to enhance its decentralized ecosystem with cross-chain interoperability.

According to the Dec 20th announcement, this collaboration brings Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to Shiba Inu, enabling its tokens—SHIB, LEASH, and BONE—to operate seamlessly across 12 different blockchains.

The current market trends, influenced by Bitcoin’s price dip to the $92K zone, are likely causing some consolidation in the overall crypto market.