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Cryptocurrency News Articles

Shiba ZK Leverages ZK Rollups Technology to Enhance Scalability, Reduce Fees, and Maximize Security

Mar 24, 2025 at 08:43 pm

Shiba ZK, the new-generation meme coin, intends to list with an initial coin offering price at $0.001 per coin, increasing to

Shiba ZK Leverages ZK Rollups Technology to Enhance Scalability, Reduce Fees, and Maximize Security

London, March 24, 2025 (GLOBE NEWSWIRE) -- Shiba ZK, the new-generation meme coin, is planning to list with an initial coin offering price of $0.001 per coin, increasing to $0.05 on the day the coin goes live, leaving a lot of room for profit for the early investors. The project also announced the completion of the private token presale, marking a significant milestone in the buildup to the upcoming public token presale.

The token presale price is $0.001, and the price on the day the coin goes live on exchanges will be $0.05. The presale price is available for a limited time only, and early investors can benefit from this opportunity to purchase SZK tokens at a discounted rate.

Shiba ZK is distinguished from other meme tokens by its integration of Zero-Knowledge Rollups (ZK Rollups) technology, which is recognized for enhancing scalability, reducing transaction fees, and providing maximum security. The token will be deployed on the Ethereum Virtual Machine, enabling the network to process smart contracts quickly, making it ideal for NFT, DeFi, and gaming use cases.

Through ZK Rollups, Shiba ZK can aggregate a large number of transactions into one proof, which can then be verified by the main chain. This accelerates transaction speed and reduces fees. The blockchain can process thousands of transactions per second, making it a strong contender in the realm of Layer 2 scaling.

The Shiba ZK ecosystem is also noteworthy for its engaging properties and potential for long-term growth. The ecosystem will feature several interesting aspects that are designed to engage the user and drive growth, including:

- Staking Rewards - Stake SZK tokens and earn passive income

- NFT Marketplace - Where creators and collectors meet with low fees and high efficiency

- DeFi Integration: Liquidity pools, yield farming, and lending services

- Community Governance: Token holders will vote on and decide on proposals for the development of the ecosystem

- Shiba ZK Launchpad: An investment platform for the newly created projects in the ecosystem

The project is also prioritizing security and transparency by having all smart contracts undergo a comprehensive security audit process from renowned industry figures. This measure is crucial for instilling trust among investors and ensuring the project's longevity.

The project's token will be sold for BNB via the official presale site. 50% of the total supply will be available during the presale, while the remaining tokens will be allocated as follows:

- 50% - Presale (5 billion tokens)

- 15% - Staking Rewards (1.5 billion tokens)

- 10% - Ecosystem Development (1 billion tokens)

- 15% - Promotion and Marketing (1.5 billion tokens)

- 5% - Team and Advisors (0.5 billion tokens)

- 5% - Partnerships and Growth (0.5 billion tokens)

Shiba ZK is a meme token hybrid on its own chain, based on the acclaimed Zero-Knowledge Rollups, or ZK Rollups technology. Merging the lighthearted essence of meme culture with cutting-edge blockchain technology, Shiba ZK aims to facilitate fast and inexpensive transactions while maintaining the maximum levels of security and decentralization that cryptocurrency technology offers.

The project's ICO will soon grant every Web3 fan the opportunity to join a newly launched project. Anyone wishing to have the opportunity to become an early adopter can refer to the project's website and documentation. The social pages below are also a fresh way to stay in touch with the founding team behind Shiba ZK.

X (Twitter) | Telegram

The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

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Other articles published on Mar 28, 2025