Shibarium, Shiba Eternity, Shib: The Metaverse, Shiboshi, BONE, LEASH, TREAT… so many words that come up frequently on the web lately. The crypto community is gradually starting to understand what it is. The ShibArmy, for its part, knows these projects inside out. She is just waiting for the Shiba Inu team to speed up the launch. Recently, we learned that there is something new for Shib: The Metaverse. A bullish rally in prospect?
Shib: The Metaverse, sketches revealed
As of August 3, the Shiba Inu development team has shared details regarding the 12 metaverse project.e most valuable cryptocurrency in the world. In the Shibaswap Blogshe highlighted two black and white sketches depicting the WAGMI Temple that will form the core of Shib: The Metaverse.
WAGMI’s name is taken from ” We’re All Gona Make It », an expression that refers to a great conviction at the level of the Shiba Inu community. And also a strong involvement of the latter in its development.
From there will emerge a strong, powerful, physical and connected world “, according to Crypto News Flash. Of course, behind these images are other elements that relate to Zen philosophy – a relationship with Ryoshi’s Dejitaru Tsuka (TSUKA) -, natural beauty, etc.
This is why we see plants (cherry blossoms, wisteria, ginkgo, etc.), animals (giant panda, tiger, Komodo dragon, etc.), aquatic elements and also sculptures bearing the image of the “Shiba Inu”. “.
According to the Shiba Inu team, the WAGMI temple was inspired by architectural concepts from several remains such as:
- Boydo-In Temple (Ahuimanu, Hawaii);
- the Temple of Heaven (Beijing);
- Gawdwpalin Temple (Bagan, Myanmar);
- the Swaminarayan Akshardham (New Delhi);
- Nan Hua Temple (Bronkhortspruit, South Africa);
- Kinkaku-ji temple (Kyoto, Japan).
Impacts on the price of SHIB?
BeInCrypto supported the existence of impacts of Shib: The metaverse on the price of SHIB. This project being considered as a big step taken by the Shiba team in its desire to divest itself of its status as ” memecoin “.
Following the announcement of the opening of land plot sales in Shib, The Metaverse, last July, the price of this cryptocurrency rose by 5.62% to reach a value of 0.00001237 dollars per coin . Note that at the time of writing, the SHIB is trading at 0.00001217. That is an increase of 1.0% over the last 7 days (Source: CoinGecko).
Admittedly, it is still far from its ATH for the month of October 2021 which allowed it a valuation of 0.00008616 dollars, but it continues on its merry way without flinching.
Max Krupyshev, head of CoinsPaid, explains:
” Within the Shiba metaverse, as in any metaverse, micro-transactions will become ubiquitous. Users will be able to earn passive income, gather resources, and in-game rewards, build and manage individual projects, and most importantly, purchase land. There is no doubt that a robust crypto payment processor is needed here. This is where we come in; At CoinsPaid, we seek to provide transparent and secure crypto processing within the Shiba metaverse while enforcing crypto transaction controls. »
Otherwise, the announcement of the finalization of the Shibarium for September 30 gave a boost to the Shiba Inu. Added to this are the burns frequent SHIB posts that Shibaburn continues to share daily on Twitter.
It should also be noted that the progress of the Shibarium project is good for BONE, the governance token of this layer 2 blockchain. Currently, it is trading at $1.74. To say that a month ago, the army of Shiba Inu was jubilant when they learned of its valuation at 1 dollar.
Conclusion
In short, the various projects that the Shiba Inu team is currently developing will certainly make things happen. The reason is that SHIB-related operations will increase. And with the availability of plots of land in the Shiba metaverse, there will also be a spike in trading volume. We can see that little by little, the Shiba Inu will eliminate its zeros to reach 1 cent.
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