The SHIB community is buzzing with excitement as Lucie, a member of the Shiba Inu team, reveals a major update regarding the SHIB Metaverse initiative.
Lucie’s latest announcement on X (formerly Twitter) offers a glimpse into the project’s advancements and upcoming plans, igniting enthusiasm among SHIB investors. Lucie eagerly anticipates the upcoming unveiling of the Shiba Inu metaverse, suggesting significant plans are in progress, with the imminent token TREAT positioned to have a crucial impact.
Read also: US Manufacturing Firms Embrace the Metaverse, WEF Reports
Moreover, she mentioned her anticipation for the next sneak peek, highlighting the substantial plans of Shib TheMetaverse and the importance of treats for Shib.
Can't wait for the next sneak peek ☺️. #ShibTheMetaverse has huge plans, and @treatsforShib are a big part of it.
♥️ @mvshib
IYKYK.
pic.twitter.com/8FgWwik0kp— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼♀️ (@LucieSHIB) March 17, 2024
TREAT Token: A Key Component of the SHIB Ecosystem
TREAT, an upcoming token within the Shiba Inu ecosystem, is designed to serve various functions, including providing rewards for SHIB holders within the Metaverse. Additionally, TREAT is expected to offer liquidity to the SHI stablecoin, potentially replacing the BONE token as the reward token on ShibaSwap. Furthermore, TREAT will provide rewards for Shiba Eternity, the blockchain version of the Shiba Inu-themed collectible card game.
SHIB’s Solution Powered by Zama
“Initially, Shib’s solution powered by Zama will run on $TREAT, one of the Shiba ecosystem’s tokens developed to serve multiple purposes, including providing liquidity to the $SHI stablecoin, eventually replacing the $BONE token as the reward… pic.twitter.com/FexZhIsXWY
— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼♀️ (@LucieSHIB) February 29, 2024
Despite limited details about the recent update, anticipation within the Shiba Inu community continues to mount as they eagerly await further developments in the SHIB Metaverse project. SHIB holders are keen to explore the opportunities that the Metaverse may present.
SHIB Price Movement Amidst Metaverse Excitement
However, amidst the excitement, the Shiba Inu current price stands at $0.000025, experiencing a 12.45% decrease in the last 24 hours, according to CoinMarketCap data. The token boasts a live market cap of $14,526,936,316, with a circulating supply of 589,289,410,812,691 SHIB coins.
SHIB/USD 1-day price chart (Source: CoinMarketCap)
Moreover, large transaction volumes, totaling 12.18 trillion SHIB in the last 24 hours, indicate heightened activity among institutional players and whales. These spikes in volume offer insights into the actions of significant market participants, potentially influencing SHIB’s price movement.
Editorial credit: Dennis Diatel / Shutterstock.com
