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Shiba Inu (SHIB) Ecosystem’s Shibaverse (VERSE) Gains 162% – Here’s Why

Published 09/02/2022, 09:00 AM
Updated 09/02/2022, 09:32 AM
© Reuters.  Shiba Inu (SHIB) Ecosystem’s Shibaverse (VERSE) Gains 162% – Here’s Why
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The social and educational metaverse for Shiba Inu (SHIB), the Shibaverse is in the spotlight this Friday afternoon, as Shibaverse (VERSE) is going through the ceiling with a 162% daily increase. This comes just a couple of days after another governance token of the Shiba Inu (SHIB) ecosystem, $BONE, caught an uptrend with triple-digit gains.

Shibaverse Genesis Apartments Are Sold Out

Moreover, the official Twitter (NYSE:TWTR) account of Shibaverse announced that the Genesis District is already sold out. The super realistic graphics could be one reason for the sudden spike in $VERSE’s market price. As #Shibaverse is trending on Twitter, many members of the Shiba Army notice the dramatic increase in $VERSE holders. As the total holder count has just surpassed 4000, Shibaverse (VERSE) is getting prepared for listing on crypto exchanges.

Despite Shibaverse Genesis District being completely sold out, there’s still apartments in Shibalution Avenue. One Web3 enthusiast shared a glimpse of a commercial building in the avenue, the headquarters of vEmpire DDAO.

Furthermore, the developers behind Shibaverse are donating 5% of the revenue made through NFTs and land sales to the cause of burning Shiba Inu (SHIB) tokens. With Shibburn, Shiba SuperStore and now the Shibaverse all contributing to the cause, the SHIB burn rate is bound to rise to new highs.

Which Shiba Inu (SHIB) Token To The Moon First?

As previously mentioned, Bone ShibaSwap (BONE) had a great run this week, soaring in triple digits in just 24 hours. Whilst the community is voting on $BONE to be listed on major crypto exchanges, the Shibaverse (VERSE) token managed to record gains in similar numbers without any listings. At the moment, the only way to purchase the $VERSE token is through ShibaSwap.

Some members of the Shib Army tend to think that the Shibaverse (VERSE) token might go for a second leg once it’s listed. However, it is also evident that the token surged thanks to Shiba Inu’s (SHIB) recent metaverse announcement, as the developers shared a sneak peek of WAGMI Temple, a Zen-infused meditation haven in the metaverse.

On the Flipside

  • Despite the recent surge in market price of Bone ShibaSwap (BONE) and Shibaverse (VERSE), the main token of the Shiba Inu (SHIB) Ecosystem, $SHIB, is facing a 13% weekly deficit.

Why You Should Care

With many blockchain companies developing their own metaverses, it’s very important to keep track of the progress to understand which crypto firms are leading the Web3 race.

Read more about Shiba Inu’s (SHIB) first revelation of the WAGMI Temple

Find out why Bone ShibaSwap (BONE) skyrocketed by 88% in a single day

Read about the dog race between the top dog memecoins Shiba Inu (SHIB) & Dogecoin (DOGE)

Continue reading on DailyCoin

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