Shiba Inu (SHIB) Unveils Concept for Next SHIB Hub: The Metaverse

shiba hut doge defi

The Shiba Inu (SHIB) development team presented the Growth Dunes, which is set to become the next hub for SHIB: The Metaverse. According to the official blog post, SHIB: The Metaverse will be “a place for the #ShibArmy crypto community to truly call home.” Previously, the SHIB developers introduced WAGMI Temple, Rocket Pond and Canyon Hub.

Sandy Oasis in Web 3.0 for SHIB Army

The Web 3.0 project is still in development in partnership with The Third Floor (TTF), an audio-visual company headquartered in Hollywood, California. TTF has contributed to properties like Godzilla vs. Kong, Dolittle, Game of Thrones and Mad Max.

The conceptual black and white artwork for the next HUB was revealed along with inspiration notes. According to the notes, in Growth Dunes one can expect to “feel a sensation of heat, while smooth sand particles travel at a near distance; welcoming other sand mounds.” Further on, the Web 3.0 traveler is met with a modern oasis that strongly resembles Dubai and is “full of glitzy architecture and cooling waters.”

Besides Dubai, other inspirations include Great Sand Dune National Park in Colorado, the Egyptian Pyramids and the Sahara Desert. The developers will also host Dunes Fireside Chats on Thursday October 27th, 5PM PST / 8PM EST. During the Discord event, members of the SHIB Army will be able to voice their opinion and find out the latest developments straight from the horse’s mouth.

SHIB’s Price Adds Another Zero

Despite a substantial amount of SHIB tokens set ablaze every day, the bloodthirsty bears of the current crypto market had battered the popular meme coin to the point where it dropped below the crucial resistance line of $0.00001. 

At press time the Japanese guard dog themed cryptocurrency trades at $0.00000995, according to CoinGecko. Besides a 0.9% daily deficit, SHIB has been wandering around the red zone for the past month. The 14th ranked canine currency shrunk by 4.5% in the last seven days and 11.5% since last month.

On the Flipside

  • There’s no technical information on SHIB: The Metaverse yet.
  • Main developer Shytoshi Kusama is working on Shibarium’s whitepaper.
  • However, The Layer-2 Shibarium launch date is also unknown.

Why You Should Care

Having a broader community than most other altcoins, SHIB has potential to transform into a decentralized ecosystem rather than a mere meme token.

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

Author

Tadas Klimasevskis is an author & reporter, focusing on the latest tendencies of the crypto galaxy. Tadas spends his time digging deeper into specific areas like 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.