The Unofficial Metaverse of Shib Army, Shibaverse (VERSE) Gains 162%: Here’s Why

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 $BONE caught an uptrend with triple-digit gains.

Shibaverse Genesis Apartments Are Sold Out

Moreover, the official Twitter 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 4,000, Shibaverse (VERSE) is getting prepared for listing on crypto exchanges.

Despite the 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 Will Go 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. Even though the $VERSE token is not related to the Shiba INu (SHIB) Ecosystem, the token surged partly 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

  • The team of Shiba Inu (SHIB) confirmed the project is unrelated and is very different from the forthcoming official Shiba Inu (SHIB): The Metaverse.

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.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss

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Tadas Klimasevskis is a reporter, focusing on the latest tendencies of the crypto galaxy. He spends his time digging deeper into specific areas like meme coins such as Shiba Inu (SHIB) & Dogecoin (DOGE), music NFTs, sports NFTs, digital art and Pop culture in Web 3.0. Tadas strongly believes in crypto as disruptive innovation and keeps an eye out for new crypto hubs being developed around the globe. His vast experience in social media lets him quickly spot what’s going on in the mercurial world of crypto and deliver stories with unique spins. He has been active in blockchain and cryptocurrencies since 2019.