New Project Could Burn ‘Trillions of Shibs’

  • Skytoshi Kusama describes Shiba Eternity as powerful, challenging and great for shiba and shiboshi holders.
  • Kusama sees Shiba Eternity as a potential originator of SHIB Burning, especially as the blockchain version of the game launches.

The main developer of the Shiba Inu, Skytoshi Kusama, is Updates The community on several projects that will greet the ecosystem imminently. The renowned developer informed about the update in a series of Twitter posts on its official handle. According to Kusama, Shiba Inu has completed plans to fully unveil its most-conceived game, Shiba Eternity.

It is worth noting that the game, Sheba Eternity, as reported, has been successfully tested in Vietnam. However, Kusama indicated that the Shiba Inu sport would still undergo another final test in Australia. Now, Sheeba Eternity is available on Playstore in the country.

He describes Shiba Eternity as powerful, challenging and great for Shiba and Shiboshi holders. The developer also updated the community on new ways to enhance SHIB Burning. Kusama sees Shiba Eternity as a potential originator of SHIB Burning, especially as the blockchain version of the game launches.

shiba inu burning

Recall that the Shiba Inu barn appeared with the aim of reducing the number of SHIB tokens in circulation. As reported, the decline in its supply helps increase the value of the token. As of press time, more than 42 percent of the total tokens in circulation have been burned, but investors are still unhappy, demanding a more rapid burn.

Now, as Kusama suggested, the Shiba Eternity walk helps skyrocket the burn rate. Thus this development provides relief to the SHIB community, along with optimism for a possible recovery in the value of the token. As of press time, the Shiba Inu token trades at $0.000011, with a market cap of $5.05B USD and a 24-hour trading volume of $354.04M USD.

Read |  'Never take financial advice from Jim Cramer!' CNBC host criticizes Coinbase call

Additionally, Kusama promised to take advantage of updates to community members about the upcoming Shiberium if necessary. Remember that the shibarium layer 2 emerged to run as the solution. Specifically, the Shiba Inu project helps to get applications for tokens included in the ecosystem.

Sheeba moves to invest in Metaverse

These updates from Kusama come days after the Shiba Inu Metaverse team collaborated with The Third Floor (TTF). Specifically, the project intends to focus investments in the emerging metaverse sector. On the occasion of the partnership, Shiba Inu plans to launch their Metaverse rocket Pond.

According to the team, Rocket Pond will “run as the community, displayed virtually, in a layer of beautiful visuals that demonstrate innovation and unity with a place for the #ShibArmy crypto community to truly call home.” It aims to “push the boundaries of immersive environments.”



Source link