Shiba Inu price plummets after lukewarm reception of metaverse
Shiba Inu’s (SHIB) latest attempt to drum up excitement among its investors has failed to deliver. On Sunday, it shared updates about the much-anticipated launch of “Shib The Metaverse.” However, the news failed to stir up the market.
In the last 24 hours, the price of SHIB has dropped by almost 10% and is poised to drop even further.
Lack of enthusiasm for Shiba Inu owners
In a recent post on X, Shiba Inu’s marketing lead provided an update on the upcoming “Shib The Metaverse” project. The virtual space aims to be a central hub for community members, fostering user-generated content, collaboration, and creative expression.