The Shiba Inu price has recently fallen sharply, dropping 6% on a trading volume of $267.39 million. Currently priced at $0.00001667, the cryptocurrency has recovered slightly, gaining 2.65% in the past 24 hours.
Expectations remain high for the token’s future performance as Shiba Inu integrates its Shiba Eternity game with the Shibarium blockchain. This integration transforms digital game cards into blockchain assets, making them tradable and increasing their value.
With a market cap of $9.81 billion and a circulating supply of 589.27 trillion, SHIB’s potential for a price rebound is being closely watched by investors and analysts.
Shiba Inu Integrates Shiba Eternity with Shibarium Blockchain to Enhance Web3 Capabilities
Shiba Inu is about to complete the integration of its Shiba Eternity game with the Shibarium blockchain and enhance its functionality with Web3 capabilities.
Marketing head Lucie announced that the upgrade will transform the digital cards into blockchain assets, making them tradable and increasing their collectible value.
The game now includes a competitive ranking system where players can progress from White Belt to Master, with 14 levels in each 15-day cycle.
Players gain or lose points based on their performance. Game cards are minted as NFTs on Shibarium, giving players full ownership and the ability to trade their digital assets.
key point:
Over 10,000 unique Shiboshi heroes with special abilities.
Players build a 30-card deck and manage a pool of "Barks" to perform game actions.
The goal is to drain the opponent's stamina to zero to win.
Top players in ranked tournaments qualify to participate in seasonal tournaments and win bigger prizes.
Shiba Inu Forecast
Today’s Shiba Inu price is $0.00001667 with a 24-hour trading volume of $267.39 million. Shiba Inu is up 2.65% after falling 6% in the past 24 hours.
Currently ranked 13th with a real market cap of $9.81 billion. The circulating supply is 589.27 trillion SHIB coins, and there is currently no information about the maximum supply.
On the 4-hour chart, key price levels to watch include the pivot point at $0.00001585. Immediate resistance is located at $0.00001754, followed by $0.00001833 and $0.00001900.
On the downside, an immediate support is at $0.00001525 and further support is at $0.00001475 and $0.00001422.
The relative strength index (RSI) is currently at 43.86, indicating bearish momentum but also showing signs of a potential reversal.
The 50-day exponential moving average (50 EMA) at $0.00001725 reinforces the bearish trend.
Shiba Inu Price Prediction – Source: Tradingview
The bullish engulfing candle on the 4-hour timeframe suggests a possible bullish reversal. However, overall technical indicators including the 50 EMA and RSI still support a bearish bias.
Conclusion: Shiba Inu price has recovered above $0.00001585, indicating slight bullish sentiment.
