In theory SHIB is exactly the same as Uniswap($26), Pancake Swap($20), Sushi Swap($12), TrustSwap ($1.2)
Only 1 of the following solutions need to be applied in order for our swap to be a valid option.
The problem –
The only problem is SHIB is an ERC-20 token, meaning gas fees are ridiculous and our DEX (shibaswap) has very little traffic due to the fees, it costs way to much to use.
The solution(s) –
Shibarium – a layer 2 protocol designed to work with the ERC20 (ethereum network) to fix issues with scalability and interoperability. This should fix the current fee problem and in return greatly increase traffic to our DEX. (Shibaswap) Which will result in an increase to the price of shiba inu.
Eth 2.0 PoS- this is the major ethereum network upgrade the world is waiting for, it will change the way the network verifies transactions, how many transactions per second it can handle, how smart contracts are deployed etc.
Eth 2.0 basically eliminates the ETH miners from.the equation, and drastically brings down the price of buying selling or transferring ERC 20 tokens.
Whichever of these 2 solutions comes first will fix the shibaswap, and begin to do miracles on the price of shib.
Look at the prices of these other swap tokens. Our coin is built for the exact same purpose as these other swap coins.
Dont listen to the fud, most of its coming from another dog coins community thats upset about our rise to valhalla!
Please feel free to leave your questions or opinions, ill be here to answer to the best of my ability 😁
submitted by /u/Mj_6o4
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