The Shiba Inu dev team has surprised the community with a massive announcement! The memecoin is going to enter the metaverse with its own immersive ecosystem and experience!
The Shiba Inu official Twitter handle announced the update today. It wrote on Twitter:
“As promised, we are so excited to announce our first special surprise for the year #ShibArmy! In 2022, we are reaching new heights and welcoming the #Shiberse. An immersive experience for our ecosystem and the Metaverse space!”
The Shiberse is marketed to be an immersive experience for the Shib investors that will take the meme-coin to the next level. This update could easily be the biggest announcement that the Shiba Inu dev team has ever come up with in the existence of the cryptocurrency.
The darling meme-coin of 2021 Shiba Inu had a rough start in the new year, 2022. Shib was in a downfall and got fdragged even further as the overall crypto markets crashed. We have already covered the reasons why Crypto markets are crashing.
Crypto Market Crash
The global crypto market was valued more than $3.1 trillion for the first time in 2021. As of January 2022, its worth had dropped to $1.65 trillion. Major cryptos like Bitcoin, Ether, and Binance Coin saw major sell-off as investors panicked. But guess what? The SHIBARMY is different than others! The SHIBA INU community was optimistic about the future and was actively encouraging everyone to ‘buy the dip’
Their ‘buy the dip’ alerts have now come true as the price of the meme-coin zoomed 35% in a matter of 20 hours yesterday. The Shib token went from $0.00001713 to $0.00002354 in a day. The ShibArmy expressed their delight after the price rally.
It is currently the 14th most valuable cryptocurrency by market capitalization, having surpassed Polygon. The meme-based currency is currently trading at $0.00002303. During an unfavourable sell-off, SHIB fell to $0.00001704, its lowest level since Oct. 6.
What do you think will happen to the price of Shib after the Shiberse goes live? Tell us your thoughts in the comments.