Major Cryptocoin Shiba Join Metaverse Announcement | Top Growth Crypto 2022 Follow Facebook in Meta
In the past few months, the Metaverse became the main focus for crypto insiders and outsiders following the NFT mania last year. One of the latest projects to outline such intentions is Shiba Inu, which has numerous entities looking to get on board.
- Project creators revealed yesterday on Twitter their plans for the memecoin project, which gained traction during the memecoin craze in the summer of 2021.
- Shiba Inu plans to launch its own Metaverse project, Shiberse, as the “first surprise of the year” for the ShibArmy.
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!
We can’t wait to show you more. Woof! 🐶 pic.twitter.com/tCRQ1m1RiT
— Shib (@Shibtoken) January 24, 2022
- The Shiba Inu native token, SHIB, has been on a downtrend since the start of 2022, after a stellar 2021 in which its ROI was over 100,000,000%.
- Memecoin’s price dropped from $0.000029 to $0.000017 in days due to the market-wide correction. SHIB spiked by 40% to $0.000024 once the market began to recover and the Metaverse expansion was announced.
- As of now, though, the memecoin has declined once more and sits just over $0.00002. Since January 1, the asset has declined by approximately 43%.
- The memecoin team launched an NFT collection last year shortly after getting its decentralized exchange up and running, in addition to the Metaverse.
- Numerous prominent names have expressed interest in becoming household names in the upcoming Metaverse world.
- Perhaps most notable was the rebranding of Mark Zuckerberg’s giant company from Facebook to Meta to focus more on building its own Metaverse.
AI CONTENT END 1
Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
