Shiba Inu's lead developer, known as Shytoshi Kusama, electrified the SHIB community with a tantalizing announcement regarding the forthcoming launch of the enhanced ShibaSwap decentralized exchange (DEX) on the Shibarium layer-2 solution.

In a tweet shared on May 15, the enigmatic SHIB lead Kusama echoed a post from the official SHIB account, expressing pride in the team's accomplishments and innovations, particularly lauding developer Kaal Dhairya. Kusama's tweet specifically highlighted the introduction of the ShibaSwap version on the Shibarium blockchain, hinting at "so much more in store as we march forward."

Kaal Dhairya, the top SHIB developer, further elaborated on Kusama's announcement, affirming that the revamped ShibaSwap DEX will prioritize the exploration and discovery of new meme coins. Encouraging creative minds to contribute their ideas, Dhairya emphasized the team's commitment to ongoing updates and enhancements, emphasizing that SHIB's journey is "not a race, it's a marathon."

With the impending launch, ShibaSwap will seamlessly operate on both Ethereum and Shibarium blockchains, bridging the gap between the two to facilitate asset movement and unlocking new opportunities for the SHIB army. This strategic move not only expands the utility of Shibarium tokens but also enhances adoption within the SHIB ecosystem.

The announcement of ShibaSwap's integration with Shibarium sparked a surge in the native SHIB meme coin's price. Over the past 24 hours, SHIB experienced a remarkable 12% surge, catapulting its value from $0.00002293 to $0.00002577. Despite a minor pullback, SHIB's momentum remains strong.

In a notable development, an anonymous holder of meme coins transferred a staggering 3 trillion Shiba Inu tokens from an undisclosed wallet to the popular trading platform Robinhood within the last 24 hours. This substantial transaction, valued at over $74 million in fiat, underscores the growing interest and confidence in the SHIB ecosystem.