Crypto News - Shiba METAVERSE

Shiba Inu wants to become more than just a memecoin, but that could be a challenge !

Shiberse Metaverse

Shiberse is the metaverse of the Shiba Inu meme currency, which will be a meeting point for owners of this digital token, with games and could include virtual land and non-fungible tokens (NFTs). The Metaverse is the Shiba Inu ecosystem’s own metaverse space, described by developer Eric M as “a place where our community, tokens, game, ShibaSwap and way more is going to meet together.”

Hosted on SHIB.io it will feature 100,595 plots of land that will be made available to purchase. These will all be placed on the metaverse map, lined with streets with Shiba-related names. The metaverse land will also contribute towards the SHIB burn, using a renaming process similar to the Shiboshi NFT burns. Shiboshi NFT holders will have an exclusive area of the metaverse, known as the Shiboshi Zone.

The token is also getting increasingly adopted for payment purposes, and the number of organizations that accept it is on the rise. It is one of the most dominating and interesting cryptocurrencies in the world today. It began its journey with quadrillion tokens, but now almost 50% of its tokens have burned. The predictions for the year 2022 include that Shiba Inu (SHIB) can reach US$0.0001 in the crypto market following the crypto winter. By 2023 the pricing is expected to rise to US$0.00015 in 2023 and by 2025 US$0.0002. The ecosystem for this token is still in its developmental phase, and this year, the performance is bound to escalate.

Is a Bull Run of Shiba Inu Still Possible?

The community has taken notice of a Shiba Inu prediction made by the AI-powered crypto-research company Telegaon. By 2050, the company projects that SHIB will reach a high of US$9.61. Following the halving of Bitcoin, SHIB is anticipated to reach a new ATH by 2025 after learning from the thorough research. By 2040, researchers anticipate Shiba Inu will reach a new ATH. Due to the possibility that flames could have destroyed 50% of the canine coin's supply.

While the predictions are overwhelming for any SHIB holder, however, since the US$9 target is decades ahead. We cannot really expect things to unfold alike, as the digital asset would undergo an “n” number of events along the course of time. In a note-worthy instance, Shytoshi Kusama cited that the bear market opens up the best opportunity for one to buy or burn.

The statement, which came from a well-known team member, has enraged several investors. Who is now condemning the platform because they haven't taken any burn initiatives? Speaking of burn events, 410,369,970,331,037 SHIB have been burned from the initial supply as of press time. In conclusion, through activities like developing and burn events, the price of the meme currency may gradually increase over a longer period of time. Additionally, SHIB, one of the top 100 ETH whales, will support the price during periods of significant volatility.