• 23 July, 2024
News

VoxelX Network Throws its Full Support Behind Shibarium’s Decentralized Vision

The world of cryptocurrency is set to take a new turn as VoxelX Network has pledged its full support for Shibarium, a decentralized platform designed to welcome all projects. In a tweet on Monday, VoxelX Network announced its excitement for the future of the crypto community as it throws its full weight behind Shibarium’s vision.

With this announcement, VoxelX Network has joined the growing list of blockchain projects that are embracing Shibarium’s decentralized vision. The platform, which is built on the Kusama network, aims to create a truly decentralized ecosystem where developers can build and deploy their projects without the need for intermediaries.

Shibarium’s approach to decentralization is particularly appealing to VoxelX Network, which has always championed the idea of empowering users and communities through blockchain technology. By supporting Shibarium, VoxelX Network hopes to further its mission of promoting the adoption of decentralized technologies in various sectors.

The announcement has been well received by members of the crypto community, who see it as a positive development for the industry. With VoxelX Network’s support, Shibarium is poised to attract more developers and users and create a more vibrant ecosystem where ideas can thrive.

As the world moves towards a more decentralized future, projects like Shibarium and VoxelX Network are at the forefront of this revolution. With their commitment to innovation and community empowerment, they are set to play a significant role in shaping the future of the blockchain industry.

Shiba Inu technical outlook?

Looking at the technical indicators, the Relative Strength Index (RSI) for Shiba Inu is currently at 62. This suggests that the recent gains in the token’s price have been moderately strong but have not yet reached overbought levels. If the RSI were to rise above 70, it would indicate that the asset is becoming overbought, and a pullback may be in order.

Source: Tradingview

In terms of support and resistance levels, Shiba Inu has strong support at the $0.00001199 level, while resistance can be found at around $0.00001400. If the bullish momentum continues, the token could break through this resistance and potentially reach new highs.

Overall, the announcement of VoxelX Network’s support for Shibarium is a positive development for the crypto community. The increasing adoption of decentralized technologies and platforms like Shibarium and VoxelX Network is a clear indication that the industry is moving towards a more decentralized future.

With their commitment to innovation and community empowerment, these projects are well-positioned to play a significant role in shaping the future of the blockchain industry. 

Conclusion

In conclusion, the recent announcement of VoxelX Network’s support for Shibarium is a significant step towards a more decentralized future for the cryptocurrency industry. Both projects share a commitment to empowering users and communities through blockchain technology, and their partnership is poised to attract more developers and users to the decentralized ecosystem.

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