Shiba Inu prepares to launch its metaverse By CriptoFacil

2023-06-13 02:42:30

© Reuters Shiba Inu prepares to launch its metaverse

CriptoFácil – A , the second largest memecoin in the crypto ecosystem by market value, is preparing for an important milestone: the release of a long-awaited trailer of its metaverse that arrives later this year.

The development of the SHIB metaverse is ongoing, and the upcoming trailer could act as an optimistic catalyst for the Shiba Inu (SHIB), Bone Shibaswap (BONE) and Doge Killer (LEASH) ecosystem tokens.

The Shiba Inu metaverse is a project that has been in development for months. The project started in September 2022, and the developers announced via Twitter that the trailer for Rocket Pond, the first part of the metaverse, will be released on Thursday.

Rocket Pond is one of 11 hubs in SHIB’s metaverse, and its design, based on a remote mountain resort, depicts the journey and narrative of the Shiba Inu.

Shiba Inu Launches Metaverse

The creators of SHIB’s metaverse hub have stated that it will be partially open to users by the end of 2023. Developments in the Shiba Inu ecosystem have the potential to have a positive impact on SHIB, BONE and LEASH.

The price of BONE has increased by 1.7% in the last 24 hours, while the price of LEASH has increased by 1.4% in the same period. However, the price of SHIB dropped by 1.9% shortly after the announcement.

Expectations for the Shiba Inu metaverse are high. The community has been following the developments closely and claims that this could be a huge catalyst for ecosystem tokens.

In addition, the launch of its own blockchain, aimed at games, can also boost the Shiba Inu ecosystem. Both the blockchain and the metaverse are expected to launch by the end of the year when analysts believe a new bull market will begin.

In the near term, while the crypto market in general faces enforcement actions by the United States Securities and Exchange Commission (SEC), news about the development of the metaverse could support a recovery for assets related to the Shiba Inu ecosystem.

By CriptoFacil