Shiba Inu (SHIB) reveals plans to enter the Metaverse

Shiba Inu SHIB

Big excitement in the ranks of Shiba Inu fans. The most popular meme coin of the past year, officially announces its entry into the Metaverse!

A thrill and a big announcement

On January 19, the Shiba team posted very mysterious content on their Twitter profile. It read “Something is getting ready” and featured a blurry graphic where the figure of a dog was visible.

5 days later, everything became clear and to the eyes of meme coin fans, the same graphic that had already been discovered appeared, with a breaking news about the upcoming expansion of the Metaverse sector. It reads as follows:

“As promised, we are very excited to announce our first special surprise this year #ShibArmy!

We are reaching new heights in 2022 and welcoming #Shiberse. An immersive experience for our ecosystem and the Metaverse space!

We can’t wait to show you more. Woof!” 

In a later announcement, Shiba Inu watchers were informed that work on a Metaverse based on a dog-inspired coin is steadily progressing. One of the first things to be announced in the coming days will be the official name of the project, currently operating under the codename SHIBerse.

It’s worth noting here that the SHIB developers are not only entering the Metaverse, but are also announcing the event as the first surprise of the current year. The segment that SHIB is venturing into has been steadily gaining popularity and is considered to be one of the driving forces behind the current bull market. Especially since the company behind the largest global social media outlet, Facebook, has changed its name to Meta. This highlights the relevance and value of this technology industry, in terms of the near future.

Will this be the impetus for another SHIB coin rally?

The Shiba Inu (SHIB) is a coin that has garnered immense popularity. It was created in 2020, only to experience huge increases shortly after. The year 2021 was the time of its market expansion and its breakthrough to even get into the top ten coins with the highest market capitalization. Despite its short existence, speculators buying it early on have been able to earn up to tens of millions of percent so far. This is a result that few projects can boast. At the time of writing this article, SHIB is trading nearly 75% below its ATH. However, the expansion of the Metaverse sector, as well as new surprises that are prepared for fans for the current year, may cause further significant movements in the valuation of the coin. 

Want to know more about meme coin? In the article titled “What is Shiba Inu (SHIB)” we explained many issues related to it. We invite you to read it.

Disclaimer: Blockbulletin does not take accountability of investments based on the information of the website. We highly advice readers to make extensive research prior to any invest

Share this article

More news

XRP

XRP outperforms Bitcoin and Ethereum

In the past week, XRP decisively outperformed its main rivals, Bitcoin (BTC) and Ethereum (ETH), in terms of capital flows. Moreover, it recorded an impressive $2.7 million…

Solana and Avalanche on the eye of investment funds

Two alternative coins, Solana (SOL) and Avalanche (AVAX), are gaining increasing interest and are successively attracting the attention of investment funds. Although bitcoin (BTC) remains the main…
All articles loaded
No more articles to load

Learn

Cryptocurrency wallets

Cryptocurrency wallets

We talked about security when trading crypto assets in an article titled “Online security“. We also mentioned how important it…
hardware wallets

Cryptocurrency hardware wallets

From the article titled “Cryptocurrency wallets” you learned about the different types of wallets. They were briefly characterized there. Let’s…
Where to buy cryptocurrency brokers

Which cryptocurrency Brokers to use

In the article “Where to Buy Cryptocurrencies (Exchanges)“, we introduced you to which exchange platforms you can purchase cryptocurrencies on.…
Trading cryptocurrencies

Trading cryptocurrency

In the cryptocurrency market, you face many opportunities to invest in cryptocurrency or buy or sell cryptocurrency. If you want…
All articles loaded
No more articles to load

Analyses

All articles loaded
No more articles to load

Latest news

All articles loaded
No more articles to load