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Shiba Inu Developer Hints at Exciting Update, Will SHIB Price Follow DOGE Like Rally?

31 Oct, 20222 min readOther
Shiba Inu Developer Hints at Exciting Update, Will SHIB Price Follow DOGE Like Rally?

One of the most happening themes in the crypto community this year has been metaverse games. Investors are now looking for emerging ventures in the blockchain and metaverse gaming industries after the debut of the highly anticipated Shiba Eternity game in early October.

Shytoshi Kusama, the key developer for Shiba Inu, has used Twitter to reveal information that would be of interest to the SHIB community.

He tweeted: “Head down working. An update coming soon and I think you will love it. ”

The use of the Twitter hashtags Shiba Eternity and Shibarium by the developer appeared to be a subtle signal as to what the update might be about.

Shiba Eternity, a collectible card game from SHIB, launched globally on Android and iOS devices on October 6. Shiba Eternity, created in collaboration with PlaySide Studios, reached the top 20 games on Apple’s App Store on its first day of availability.

Head down working. Update coming soon and I think you will love it. #ShibaEternity #Shibarium #SHIBARMY— Shytoshi Kusama (@ShytoshiKusama) October 29, 2022

Shiba Inu holders had been eagerly awaiting the launch of Shiba Eternity, the SHIB ecosystem’s collectible card game. Over the last two months, Shiba Inu developers have rolled out updates pertaining to the game.

The game is divided into two parts: a mobile game and an NFT game that employs Shiboshi NFTs during combat. Although it is currently unknown whether the game will use a Play2Earn model, it is expected that the game would make these Shiboshi NFTs more exclusive. It represents a further development of the Shiba Inu ecosystem, which currently includes SHIB: The Metaverse, one of the most highly anticipated metaverse games.

The percentage of long-term holders for SHIB is currently at its greatest level, according to statistics from IntoTheBlock, marking a new high point for the indicator. The proportion of long-term investors, or “hodlers,” has increased to 43%, the highest level so far, while the proportion of short-term investors continues to decrease.

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