- Shiba Inu marketing lead Lucie announces the upcoming launch of Shib The Metaverse for the ecosystem.
- The metaverse is set to become the heartbeat of the SHIB community.
The Shiba Inu team has shared the most-awaited announcement about “Shib The Metaverse,” a virtual space within the SHIB ecosystem that has caught the attention of many in the SHIB Army. Lucie, the marketing lead for Shiba Inu, has hinted that the launch of this metaverse is drawing nearer, sparking optimism among crypto enthusiasts.
In Lucie’s recent update on X, she emphasized that “Shib The Metaverse” is more than just a social hub; it was created to be the heart of the SHIB community. Users will have the opportunity to express their creativity through art, innovative projects, and classic SHIB memes, fostering a vibrant space for diverse ideas.
Lucie also highlighted that SHIB holders can view this virtual playground as their “ultimate HQ.” It will allow them to discuss new concepts, vote on significant proposals, and develop strategies to shape the future of the SHIB ecosystem. This initiative expected to enhance user engagement and strengthen the appeal of the Shiba Inu platform.
SHIB Market Reaction and Price Fluctuations
Following the announcement, there are speculations that “Shib The Metaverse” might be officially launched in October or by the end of 2024. The Shiba Inu team first opened land bids for the metaverse in April 2022. Anticipation is building as nearly two years later, many eagerly await the official rollout. Also, investors took part in a land acquisition event and purchased plots using the Leash token.
Despite the exciting update, the price of Shiba Inu declined today, dropping nearly 8.47% within the last 24 hours. The coin’s price fluctuated between $0.00001813 and $0.00001984. However, looking at the weekly trend, SHIB has displayed a 25.21% increase. That indicates today’s dip may be part of a broader market trend.
On a positive note, the SHIB burn rate has surged recently, increasing by over 81.36% in the last day. According to the Shib burn portal, the community has burned approx. 3,718,819 SHIB tokens, actively working to reduce supply and enhance value.
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