Lucie announced the imminent launch of the SHIB metaverse application, sparking investor optimism.
The Shiba Inu team’s latest update on ‘Shib The Metaverse,’ a virtual playground within the SHIB ecosystem, has garnered significant attention in the cryptocurrency landscape.
Lucie, who is in charge of marketing for SHIB, disclosed that the debut of the metaverse application on the meme coin’s ecosystem is approaching. An optimistic sentiment among investors all around the world has been reverberating as a result of this announcement, which showcased a game-changing development for the dog-themed token.
Shiba Inu’s Lucie Hints ‘Shib The Metaverse’ Launch Is Imminent
On September 29, Lucie, who is in charge of marketing, went to X because she wanted to highlight important information about “Shib the Metaverse. Where the Community Meets, Dreams and Schemes”. Apparently, the launch of the metaverse will ultimately take place in the “foreseeable future”, according to her piece, which is about the ecosystem of the meme coin.
In addition, Lucie stated that the new location is going to become the “beating heart” of the SHIB community, which is a place where user-generated material, ideas and successful collaboration can flourish.
The piece addressed the possibility that those who hold SHIBs would consider the virtual playground to be the “ultimate headquarters” inside the ecosystem. During the approaching rollout, users will have the opportunity to engage in conversations about novel concepts, cast votes on crucial propositions, and develop plans for the future of the ecosystem.
We anticipate this movement to significantly boost the activity within the Shiba Inu ecosystem and enhance its user attraction. Meanwhile, the marketing lead’s recent X postings highlighting additional ecosystem initiatives have bolstered the optimism surrounding the SHIB coin’s current market position.
In order to further revolutionize the ecosystem, the community behind the dog-themed meme coin has revealed how it implemented fiat on-ramps to Shibarium, which is a Layer 2 cryptocurrency.
Lucie’s revelation that Shib engineers recently investigated zkKYC, a privacy-focused method for validating users without compromising personal data, is intriguing.
She added that the future may be even more intriguing. The marketing lead also mentioned that “there were plans to introduce fiat top-ups,” which is an additional factor.
Despite the previously highlighted achievements, the value of the Shiba Inu coin declined today. Over the last twenty-four hours, the price of SHIB has decreased by approximately six percent, reaching $0.00001873. The coin recorded its intraday low at $0.00001843, and its intraday high at $0.00001984.
In addition, the weekly chart for the token showed a 27 percent increase, which suggests that the downward movement that occurred today is consistent with the general trend of the market.
According to statistics provided by Coinglass, the open interest in SHIB futures decreased by 8% to reach $60.28 million today. In addition, the volume of derivatives fell by 41%, reaching $356.72 million, which is reflective of the decline in investor interest in the asset that occurred in the wake of the recent price decrease.
Conversely, the extensive time period charts and the previously described developments have led to conflicting market attitudes.
Recent reports indicate that the SHIB burn rate has surged, which is a positive sign for Shiba Inu and indicates that the market is moving in a favorable direction. Despite recent trend fluctuations, observers of the cryptocurrency market continue to closely monitor the token.
