SHIB Metaverse: Details and Updates

user avatar

by Giorgi Kostiuk

2 years ago

The Shiba Inu team provided a reminder of the SHIB Metaverse running on Shibarium. Additionally, new data on SHIB coin burns was revealed.

SHIB Metaverse Reminder

SHIB marketing lead Lucie tweeted updates on the SHIB Metaverse, which has been in development for two years. The metaverse will be a platform for creativity, communication, and ownership, allowing users to acquire digital land, customize avatars, and engage with the community.

Record SHIB Burns

According to an update from the Shibburn website, 7,309,654 SHIB coins have been destroyed in the last 24 hours. This resulted in a 41.87% increase in the daily burn rate, thanks to 11 transactions, the largest of which obliterated 4,326,195 and 1,040,537 SHIB.

SHIB Price Dynamics

The Shiba Inu price has been attempting to surpass the $0.00002380 resistance, which was last reached on December 21. As of now, SHIB is priced at $0.00002337.

SHIB Metaverse is set to become a significant part of Shiba Inu enthusiasts' lives, offering various opportunities for interaction and creativity. Meanwhile, notable changes in burn metrics and SHIB price movements continue.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Polygon Labs Completes Acquisition of Coinme

Polygon Labs has finalized its acquisition of Coinme, enhancing its payment capabilities with numerous state licenses.

user avatarArif Mukhtar

Bitcoin Open Interest Sees Slight Decline While Funding Rates Remain Positive

A recent snapshot of the Bitcoin derivatives market revealed that open interest has decreased by 0.69% over the past 24 hours, now standing at 768 billion. Despite this decline, the funding rate remains positive at 0.00035 per eight-hour interval, suggesting that long positions are still willing to pay shorts on perpetual contracts.

user avatarMaria Gutierrez

French Lawmakers Approve Amendment on Crypto Taxation

French lawmakers have approved an amendment to the 2027 budget that changes the taxation of gains when converting cryptocurrencies to stablecoins.

user avatarDavid Robinson

US Spot Ethereum ETFs Face Major Withdrawals Amid Market Shifts

US spot Ethereum ETFs faced net withdrawals of $3.201 billion in mid-October, surpassing Bitcoin fund withdrawals.

user avatarAndrew Smith

Richard Heart Detained in Istanbul Linked to Finnish Tax Investigation

Richard Heart, founder of HEX and PulseChain, has been detained by Turkish authorities in connection with a Finnish tax investigation.

user avatarJacob Williams

TD Cowen Increases Strive's Share Price Target Amid Bitcoin Holdings Surge

TD Cowen analysts raised Strive's share price target from 44 to 56 due to significant expansion of Bitcoin holdings to 35,595 BTC, noted in a research update on October 16.

user avatarZainab Kamara

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.