- Shiba Inu’s price rose 3.19% while trading volume fell 23%.
- The Sandbox offers SHIB avatars for holding SHIB and SAND tokens.
The Sandbox, a Web3 gaming company, has extended an invitation to Shiba Inu enthusiasts to engage in its decentralized gaming ecosystem. The platform is encouraging the SHIB Army to use “RiseOfTheMemecoins” within The Sandbox to secure unique SHIB-based avatars.
To qualify for this offer, participants must hold both SHIB tokens and the platform’s native asset, SAND, in their wallets. These wallets must be connected to The Sandbox platform by Monday, July 29, when the team will take a snapshot of eligible wallets.
For Shiba Inu Army members new to The Sandbox, an account can be created at the dedicated portal, sandbox.game. This announcement has sparked considerable interest within the Shiba Inu community, which has expressed enthusiasm about the opportunity.
In addition, KURO, a prominent figure in the Shiba Inu community-based in Japan, has translated the announcement into Japanese. This translation ensures that local community members are informed and can participate in securing a Sandbox avatar modeled after SHIB.
The Sandbox Calls Shiba Inu Army to Secure Unique SHIB-Inspired Avatars https://t.co/ZkjLjxGouj
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) July 26, 2024
Sandbox And Meme Coins
The Sandbox’s latest initiative is part of its broader strategy to enhance its gaming platform’s appeal by incorporating the unique cultures of various meme-inspired assets. Last week, The Sandbox revealed that it now holds Shiba Inu tokens alongside other meme coins like BONK, Dogecoin, and PEPE. The platform plans to integrate these diverse cultures into its gaming ecosystem.
The Sandbox also recognized Shiba Inu’s origins as a community-driven cryptocurrency project in 2020. Since then, Shiba Inu has grown into a global phenomenon with a broad ecosystem that includes tokens LEASH and BONE, as well as its native blockchain, Shibarium.
As the community celebrated this news, Shiba Inu’s price increased to $0.00001681, marking a 3.19% rise over the past 24 hours. In contrast, the trading volume is down 24% in the same timeline. Its daily RSI is at 45, suggesting that it is reaching a neutral position.
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