• Primex Finance has introduced Beta 0.3.0 of their app with deployments to Polygon Mumbai and zkEVM Testnets
• Early Users will have privileged access to all major protocol updates in the future
• Beta 0.3.0 introduces four new core features, including the ability to test Primex by trading and lending digital assets on DEXs across four different blockchains

Cross-chain prime brokerage protocol Primex Finance has released a major update to their application, Beta 0.3.0. This update introduces a variety of new features, as well as improvements and fixes of existing functionalities. The Beta 0.3.0 release is available in two stages. Starting on January 12th, 2023, Phase 1 was exclusively available for Primex Early Users, who could be the first to have a hands-on experience with the new Beta. Early Users will also have privileged access to all major protocol updates in the future (beginning from Beta 0.3.0). They will enjoy direct communication with the Primex team and fellow Early Users via Discord, as well as the ability to participate in private challenges and earn exclusive prizes. On January 18th, 2023, the Primex team opened up access for the public to Beta 0.3.0, allowing anyone to launch the application and test the new release without restrictions.

The four main new core features introduced with Beta 0.3.0 include the deployment to two new blockchains, the Polygon Mumbai and Polygon zkEVM testnets. Consequently, users can now test Primex by trading and lending digital assets on DEXs across four different blockchains (Ethereum Goerli, zkSync 2.0 testnet, Polygon Mumbai, and Polygon zkEVM testnet). With the new multi-chain functionality, traders and lenders can now swap between different networks via a single interface. This is a major step forward for Primex Finance, as it allows them to reach a wider audience and further expand their offering.

In addition to the new blockchains, Beta 0.3.0 also introduces a new and improved user interface, with intuitive design and improved accessibility. The protocol also now supports additional tokens, including BNB, DOT, ETH, and WBTC. This allows users to access more tokens and trade them on the DEXs available through Primex. Finally, the team has also added new support for ERC-20 tokens, allowing users to deposit and withdraw coins directly from the Primex app.

With the release of Beta 0.3.0, Primex Finance is continuing to build on its mission to provide a secure and reliable way for users to trade and lend digital assets across multiple blockchains. The team is committed to providing the highest level of service, and is constantly working to improve and expand their offering. With the new features and blockchains, they are one step closer to achieving this goal.

• Dogecoin (DOGE) and Shiba Inu (SHIB) have both seen a surge in price, with DOGE reaching an intraday high of $0.089 and SHIB reaching $0.000012.
• SHIB has been the biggest token position and most traded token of the 100 largest ETH whale wallets, according to WhaleStats, and has seen nearly $1.1 billion traded on decentralized exchanges (DEXs).
• The excitement in the SHIB market is not unrelated to the recent unveiling of details of its upcoming layer 2 protocol, Shibarium, which will include a dedicated SHIB burning portal.

Dogecoin (DOGE) and Shiba Inu (SHIB) are two of the top memecoins in the crypto market, and in the last 24 hours, they have seen record-breaking gains in their prices. DOGE has seen an increase of 13% over the week, reaching an intraday high of $0.089, and SHIB has seen an increase of 20% in the last 24 hours, and 38.7% on the weekly chart, with its current price at around $0.000012.

The surge in the prices of these memecoins is largely due to the bullish announcements they have welcomed into their ecosystems. SHIB has been the biggest token position and most traded token of the 100 largest ETH whale wallets, according to WhaleStats, and has seen nearly $1.1 billion traded on decentralized exchanges (DEXs). This indicates that the interest in the coin is not only limited to retail investors, but also large-scale investors.

The excitement in the SHIB market is not unrelated to the recent unveiling of details of its upcoming layer 2 protocol, Shibarium. This protocol will have a dedicated SHIB burning portal, which is seen as a positive addition to the SHIB ecosystem. This platform, once launched, will enable SHIB holders to burn their token and receive rewards in the form of SHIB tokens that are pegged to the US dollar. This burning portal, along with other bullish announcements, is what is driving the prices of DOGE and SHIB higher.

Overall, the memecoins have seen great success over the past few days and it looks like the prices of DOGE and SHIB are only going to increase in the near future. This is great news for both retail and institutional investors, as it suggests that the memecoins are here to stay and could act as a great opportunity for investors to make a profit.