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Shiba Eternity Released On Apple Store, Coinbase Users On SHIB Buying Spree

Published 08/12/2022, 09:00 AM
Updated 08/12/2022, 09:31 AM
Shiba Eternity Released On Apple Store, Coinbase Users On SHIB Buying Spree
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It’s a sunny day for SHIB Army, as the highly anticipated card game Shiba Eternity hit the stores today. Firstly, the pleasant surprise was announced by one of Shiba Inu’s social influencers, Lucie Sasinkova. The sneak peek of Shiba Eternity on iOS can be seen below. The influencer also took the time to thank Shiba Inu (SHIB) developers and PlaySide Studios for their hard work. The Shiba Inu (SHIB) card game was in development for over two years.

Shytoshi Kusama Is Working Hard

Moreover, one crypto enthusiast asked “Wen Shib to the moon?” and the mysterious leader, Shytoshi Kusama humbly replied “That’s why I am working ser”, confirming that a spike in price is one of the main goals for the team behind Shiba Inu’s ecosystem.

On top of that, it’s fair to say that the whole SHIB Army is working hard to convince Shiba Inu (SHIB) to eat another zero from its price. According to Shibburn, there’s a 111.59% increase in Shiba Inu (SHIB) burn rate in the last 24 hours, with a whopping $30 million SHIB already up in smoke.

Ultimately, the dog-themed token burning process might see new highs, as Shiba Inu (SHIB) is set to release the SB Visa (NYSE:V) card. The card would help the holder burn a certain amount of SHIB each time the card is used in retail stores. The SHIB Army also gets juicy rewards for the deed, for instance, $BONE or $LEASH, which can be used to buy land in the upcoming SHIB metaverse.

Coinbase Users Going Wild for Shiba Inu (SHIB)

As the recent up hike in the crypto world has brought about many positive changes both in the market prices and public reputation, Shiba Inu (SHIB) is often mentioned as a top target in retail buying sprees. For instance, Coinbase’s Shiba Inu (SHIB) trading activity is 92% on the buying side, meaning that only 8% of users are shorting their SHIB stock. The green market sentiment could also indicate a rapid growth of Shiba Inu’s community.

Shiba Inu (SHIB) is Still Shaking Off Crypto Winter

Despite the market’s ups and downs, it seems that Shiba Inu (SHIB) hasn’t made the breakthrough in its price yet. At press time, the popular meme coin trades at $0.00001233, according to CoinGecko. That’s a 3.9% in the green zone for the week, while on monthly terms the price grew by 23.3%. Ultimately, Shiba Inu (SHIB) is showing consistency throughout the year, with a 57.7% yearly growth rate.

On the Flipside

  • Shiba Inu (SHIB) & rival meme coin Dogecoin (DOGE) both kicked out of Crypto.com Earn program
  • Polkadot (DOT) recently overtook both meme coins in ranking by total market capitalization

Why You Should Care

Shiba Inu (SHIB) has arguably the most active community in crypto – the SHIB Army. Crypto projects with large and active communities tend to benefit the crypto world with the publicity needed for a faster retail adoption.

Find out more about $BONE & $TREAT, the new governance tokens of Shiba Inu’s ecosystem

Find out why 9 out of 10 users of Coinbase (NASDAQ:COIN) hold Shiba Inu (SHIB)

Continue reading on DailyCoin

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