The Shiba Inu (SHIB) token has been officially confirmed to be listed on the Nollars Network. Currently in the token presale phase, this layer-2 blockchain project is set to become an essential tool for altcoin and memecoin traders in 2025.
“We are pleased to announce that we have paved the way for Shiba Inu (SHIB) to be included on our Layer-2 IES,” stated X, one of the project developers.
IES stands for Ineffable Exchange System, which is the technical name for the unique hyper-speed trading technology developed by Richart Dedekart, the founder and mathematician behind Nollars. The IES will enable faster execution of buy-sell actions, providing traders with efficient spot prices.
In simpler terms, traders will be able to save money on trades by obtaining more accurate prices.
The primary use of this L2 blockchain is expected to be the arbitrage of tokens like Shiba Inu (SHIB), which often have varying prices on different exchanges.
However, the Nollars Network layer-2 is also being designed to reduce transaction fees in general.
Although the project has not yet revealed all the functions of their Layer-2 network, updates can be found on their social media channels.
During the token presale phase, the project has raised nearly US$23,000 for development. Investor wallets currently hold just under 45,000 tokens before the listing on centralized exchanges (CEX).
The native token and fuel of the layer-2 blockchain, $NOLA, is currently available for purchase at $0.50. The NOLA token is set to debut on crypto exchanges at a price of $0.83.
Nollars tokens are exclusively sold on Nollars.com until their launch on crypto exchanges in April.
Tags: SHIB