Which Parts of The Shiba Inu Coin Are Worth Waiting for 2022?
2022-05-20 18:38:11
Is there anything to expect from the SHIB whose price has fallen to $0.00001135?
After nearly two weeks of cryptocurrency market movement, the Shiba Inu coin has also dropped quite a bit. Once the #1 holding in the overall ranking of Ether whale wallets, the Shiba Inu coin has now become the third, and some whales are continuously reducing their holdings. At the time of writing, Shiba Inu now accounts for only 10.75% of all token holdings in the top 10 Ethereum Whales. This is down nearly 5% from early May when SHIB was reported to be 15.23% of token holdings.
At the time of writing, the Shiba Inu coin is trading at $0.00001182 on Gate.io International Digital Currency Exchange, up 5.2% in the last 24 hours with $384,536,005 traded. With the broader cryptocurrency market currently trending higher, perhaps the Shiba Inu coin will start to see a price recovery shortly as well. For this reason, the Shiba Inu Coin team has been burning its tokens to keep them scarce. Since the launch of the SHIB, a total of 410.35 trillion SHIB has been burned, and the current total amount in circulation is 549.06T.
After nearly two weeks of cryptocurrency market movement, the Shiba Inu coin has also dropped quite a bit. Once the #1 holding in the overall ranking of Ether whale wallets, the Shiba Inu coin has now become the third, and some whales are continuously reducing their holdings. At the time of writing, Shiba Inu now accounts for only 10.75% of all token holdings in the top 10 Ethereum Whales. This is down nearly 5% from early May when SHIB was reported to be 15.23% of token holdings.
At the time of writing, the Shiba Inu coin is trading at $0.00001182 on Gate.io International Digital Currency Exchange, up 5.2% in the last 24 hours with $384,536,005 traded. With the broader cryptocurrency market currently trending higher, perhaps the Shiba Inu coin will start to see a price recovery shortly as well. For this reason, the Shiba Inu Coin team has been burning its tokens to keep them scarce. Since the launch of the SHIB, a total of 410.35 trillion SHIB has been burned, and the current total amount in circulation is 549.06T.
ShibaSwap 2.0
ShibaSwap 2.0 is the next iteration of Shiba Inu's proprietary crypto swap. It is also a "crypto portal" designed to include news, statistics, trends, charts, and all the other content the Shiba community wants to see. The new version of ShibaSwap will also feature an extensive redesign of its user interface and user experience. shibaSwap 2.0 has no release date, which is one more thing to look forward to in anticipation of the Shiba Coin event in 2022.Shibarium
Shibarium is the Layer 2 solution for the Shiba Inu ecosystem. This highly anticipated upgrade is expected to be built on the Ethereum blockchain. Its main purpose is to shield SHIB users from the high transaction fees on Ethereum. Once launched, all SHIB tokens can be transferred to the new platform. Shibarium may also have a mechanism to burn SHIB tokens. According to Shiba Inu founder Ryoshi, Shibarium's transaction fees will be very low, if not zero. Recently, Shibarium’s development partner Unification stated that the project is in the Alpha stage. This is one of the highly anticipated projects in the Shiba Inu community. The lower transaction fees may attract more potential investors to buy Shiba Inu coin.SHIB Game
SHIB Game will be a multiplayer collectible card game that will include at least 1,000 SHIB-themed cards, including one based on Ryoshi, the founder of Shiba Inu. Each card will feature a set of attack and defense stats as well as a unique ability. The game will be available on two platforms: a traditional mobile game and an NFT game powered by Shiboshi NFT. First announced in November 2021, Shiba Inu Game is expected by analysts to significantly expand the Shiba Inu ecosystem. According to PlaySide, the game could launch any time between July 2022 and September 2022, with featured playing cards revealed gradually throughout the year.Popular News
