A classic correction for the crypto space obliges as covid uncertainty continues to prevail. Bitcoin and the majority of the chief cryptocurrencies end in smoke with negative gains over the week. Yet, meme coin Shiba Inu erected its market cap with substantial gains. However, with its listing on the Kraken exchange on November 29th, the asset aims to acclaim the traction of a larger user base in the near term.
Shibaverse to Disrupt the Metaverse!
David Volks, a previous vice president of Activision, one of the reputed Tech firms in the USA. He has shown keen interest to build a play-to-earn NFT game that would help meme coin subsequently into its Metaverse. The transition would be accomplished by 2022 by the SHIB team. A project lead at Shiba Inu Shytoshi Kusama unveiled that the platform has been making some extra efforts to get more extraordinary than Facebook’s Meta.
A dedicated consultant and contractors of the SHIB team are focused on building a terrific first version of the Shiboshi game. However, the platform has been positioned to take reign over the Metaverse landscape in 2022.
Whales Continue to Accumulate Shiba Inu!
The meme coin has seen an unusual hike in whale accumulation by over 42% surge in the rich list of Ethereum wallets. As per the WhaleStats data, a total of 48,004,861,881,545 SHIB worth of $2.3 billion balance is being maintained by over 2.5 billion Shiba Inu holders.
The accumulation move further confirms the whales bullish sentiment towards the meme coin. Meanwhile, SHIB price has surged by over more than 26.34% in 24 hours reaching $0.00005056 on Tuesday. It would continue to clinch new highs in the coming days.
Collectively, the SHIB price has flipped the dominant bearish rule followed by the gush in bullish sentiment towards the asset. The protocol would continue to rise towards new milestones as its metaverse game launch has been fast approaching.