Shiba Inu and its Metaverse tokens and gaming tokens seem to be the next big thing in the crypto market
Metaverse tokens and gaming tokens seem to be the next big thing in the crypto market, and they have already shown their value amidst the current disarray. All eyes have been on this new and upcoming industry since Meta, formerly known as Facebook, announced its major rebranding.
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Currently, the NFT gaming market and Metaverse tokens are the most popular crypto use cases. This is also demonstrated by the price momentum against the market trend. In contrast to the NFT craze, the Metaverse mania is only beginning and may continue to grow regardless of market conditions.
However, it’s not just the gaming and virtual land tokens that have been cashing in on the hype. The infamous meme token Shiba Inu, which started off as a Dogecoin spin-off, has also revealed plans of its own for the budding metaverse sector.
Institutions are starting to use and accept the protocol, even though the market has been down. The platform is slowly moving away from being a “meme coin” and becoming a protocol that can be used for realistic purposes. Per a recent announcement, the developers who came up with the meme coin said that the organization is planning on making games. On the other hand, Newegg says that they will accept SHIB as a form of payment.
Big Metaverse Plans
The SHIB protocol’s developers are looking to the future of blockchain technology. They also see a painfully plain path ahead. The Shiba Inu community is looking for a solution to integrate Shiba Inu into the metaverse and non-fungible tokens (NFTs) in light of the recent surge in interest in these two industry niches. Shiba Games is the reaction, a gaming firm created by SHIB developers with the goal of developing a portfolio of products centred on the community’s favourite dog breed.
In an anonymous blog post, Shytoshi Kusama, the pseudonymous leader of Shiba Inu, explained the details of Shiba Games’ launch. Kusama announced a SHIB metaverse and a number of new games in this post. In addition to this, two significant partnerships have been announced recently as well.
A promising future for SHIB and its community
Metaverse tokens and gaming tokens seem to be the next big thing in the crypto market, and they have already shown their value amidst the current disarray. All eyes have been on this new and upcoming industry since Meta, formerly known as Facebook, announced its major rebranding. Currently, the NFT gaming market and Metaverse tokens are the most popular crypto use cases. This is also demonstrated by the price momentum against the market trend. In contrast to the NFT craze, the Metaverse mania is only beginning and may continue to grow regardless of market conditions.
However, it’s not just the gaming and virtual land tokens that have been cashing in on the hype. The infamous meme token Shiba Inu, which started off as a Dogecoin spin-off, has also revealed plans of its own for the budding metaverse sector.
Institutions are starting to use and accept the protocol, even though the market has been down. The platform is slowly moving away from being a “meme coin” and becoming a protocol that can be used for realistic purposes. Per a recent announcement, the developers who came up with the meme coin said that the organization is planning on making games. On the other hand, Newegg says that they will accept SHIB as a form of payment.
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