Shiba Inu (SHIB) token has officially been confirmed as one of the tokens to be listed on Nollars Network. Currently in the token presale phase, the layer-2 blockchain project that will be an essential tool for altcoin & memecoin traders in 2025.
“We are happy to announce, we’ve mapped out the way to allow Shiba Inu (SHIB)… onto our Layer-2 IES,” wrote project developers on X.
IES, an abbreviation for Ineffable Exchange System. This is the technical name for the unique hyper-speed trading technology created by the Nollars founder and mathematician, Richart Dedekart.
The IES is also what will generate faster buy-sell execution actions, allowing traders the holy grail results of spot prices.
In layman’s terms, traders will save money on trades by getting a more accurate price.
The main use of this L2-blockchain is expected to be arbitraging tokens like Shiba Inu (SHIB), which get varying prices on exchanges at times.
However, the Nollars Network layer-2 is also being designed with coding that aims to lower transaction fees in general.
The project is far from revealing all of the functions of their Layer-2 network however. Follow the project on social media for updates.
Still in a token presale phase, the project has raised nearly US$23,000 to develop the project. Investor wallets have acquired slightly under 45,000 tokens pre-CEX listing.
The $NOLA token, which is the native token & fuel of the layer-2 blockchain, is currently being offered for a price of $0.50 [cents].
The NOLA is scheduled to debut on crypto exchanges at a price of $0.83 [cents].
Nollars tokens are being sold exclusively via Nollars.com until the launch on crypto exchanges in April.