Considering the significant decline in #ShibaINU trading value from its peak and its previous impressive performance, there is a chance that the cryptocurrency could experience another significant surge. Certain individuals have even speculated that it might eventually reach a price of $1 per token, which could potentially transform a $100 investment in the token today into an amount exceeding $12 million. Is it feasible for this scenario to unfold?

For Shiba Inu to achieve a price of $1 per token, it would need to experience a staggering rally of over 12,400,000% from its current token price. While there are potential catalysts that could trigger a strong bullish run for this meme #cryptocurrency , reaching such an ambitious target price is virtually impossible.

This is because as something grows larger, it becomes increasingly challenging to sustain relative growth. Even small increases in adoption or other catalysts can have a much more significant impact on assets or equities that start at lower valuation levels. This phenomenon partly explains why Shiba Inu was able to achieve such explosive gains throughout 2021.

Considering that Shiba Inu has already risen by more than 14,200,000% from its initial price, it is highly unlikely that it can replicate that level of increase from its current valuation. Despite the fact that the jump needed to reach $1 may seem smaller in terms of percentage-point increase compared to what the token has already achieved, such performance is almost certainly unattainable.

Even if Shiba Inu's circulating coin count were reduced from 589 trillion to 100 trillion through burning (permanently removing tokens from circulation), it would still have a market capitalization of $100 trillion at a price of $1 per coin. To put this into perspective, the total combined gross domestic product of all economies worldwide was $101.6 trillion in 2022.

In simple terms, holding onto the hope that Shiba Inu will reach $1 per token is akin to chasing an unattainable goal. However, it is still possible.

What factors could contribute to a rise in Shiba Inu's value?

Despite experiencing a decline in its coin price in recent years, Shiba Inu continues to enjoy strong support from a large and passionate community of followers. Remarkably, SHIB has achieved remarkable gains despite its primary use case being limited to a payment mechanism or speculative asset.

If there is a broader surge in cryptocurrency valuations, Shiba Inu may see a significant increase in its value as more people place their bets on the coin. Additionally, the team behind Shiba Inu has been actively working on expanding the token's ecosystem and enhancing its features.

In the second half of this year, the organization plans to launch Shibarium, a Layer-2 solution that will establish a more efficient connection between Shiba Inu and the underlying #Ethereum network. By improving transaction speeds and reducing costs, Shibarium aims to facilitate increased adoption and provide enhanced functionality within the token ecosystem.

Shibarium

Furthermore, the Shiba Inu organization is preparing to introduce "SHIB: The #Metaverse. ," a virtual world that could potentially boost the value of its namesake cryptocurrency. Within the metaverse, users will be required to burn Shiba Inu tokens to name plots of land. This burning process will decrease the total circulating supply of the token, potentially creating conditions conducive to price appreciation.

The SHIB Metaverse

A lot of things are going on around the SHIBA ecosystem. Reaching the US$ 1 goal seams, at the very least, far fetched. But that doesn't mean that the price can't rise from its current level.

Time will tell. SHIB always deserves our attention.

*Disclaimer: This is NOT an investment advice. Is just an analysis of an uncertain future of a coin. TRADING is risky and you should ALWAYS Do Your Own Research! Do not trust anyone but you own knowledge.

NFT virtual land refers to digitally ownable areas within a metaverse platform. Prominent projects in this space include Decentraland, The Sandbox, and Axie Infinity. NFTs are particularly suitable for representing land ownership as they are unique and easily provide proof of digital ownership. NFT land has various applications such as advertising, socializing, gaming, and even work-related activities.

Landowners typically have the freedom to host online experiences, showcase content, or gain advantages in gaming environments. Notably, well-known brands and celebrities like Adidas and Snoop Dogg are starting to invest in and utilize NFT land.

The value of a plot is influenced by its utility, the associated project, and market speculation. NFT land can be acquired through land sales directly from the project or through secondary markets on NFT exchanges like the Binance NFT Marketplace or OpenSea. Prior to purchasing, it’s essential to understand the risks and potential use cases of the land and the project it is associated with. Depending on the situation, renting rather than buying NFT land may be a more favorable option.

There are two primary methods for acquiring Metaverse NFT land. One can participate in a land sale conducted by the project itself or purchase land from other users via a marketplace.

Participating in a land sale often allows buyers to secure land at a lower price compared to the secondary market. Most large metaverse projects with NFT land have experienced increasing prices over time, making land sales more advantageous. Some projects sell all their plots in a single event, while others release them in rounds.

#WebGTR #Metaverse. #Virtual #NFT #Opensea

Shiba Inu Metaverse spikes up as advisor reacts to Investors that acquired 73 Lands.

Shiba Inu Metaverse Advisor Marcie Jastrow calls attention to the purchase of over 70 Metaverse lands by investors as the project’s launch draws closer.

Excitement is growing within the #ShibaInu (SHIB) community, as investors have successfully acquired 73 exceptional lands in the SHIB Metaverse. This noteworthy achievement has garnered admiration from prominent individuals associated with the project.

Marcie Jastrow, the Shiba Inu Metaverse Advisor, expressed her gratitude on Twitter, acknowledging the Shibpreme team for their remarkable accomplishment in the #Metaverse.

She extended her thanks to Ttello, co-founder of Shibpreme, and Ortiz6Mil, the project manager, for their dedicated and hardworking contributions.

Shibpreme Team Reacts

SHIBPREME

Ttello, a significant contributor to the acquisition, couldn't contain her excitement and turned to Twitter to celebrate this remarkable feat.

As a co-founder of Shibpreme, she proudly announced the successful acquisition of over 70 lands within the SHIB Metaverse. Ttello specifically recognized Shibazam, the pseudonymous project manager for Shibpreme, for their exceptional dedication.

Equally elated by the progress, Shibazam expressed admiration for the visionary leadership of Shytoshi Kusama, the lead developer of Shiba Inu, and the innovative work of the Shibacals team. Shibazam acknowledged their unique and promising contributions, eagerly looking forward to the upcoming projects built on Shibacals.

The SHIB Metaverse Land Acquisition

According to data from blockchain explorer, the first transaction from the Shibpreme team minted 43 lands at $16,139.79.

The second transaction minted 30 pieces of land worth $11,396.76, totaling 73 SHIB Metaverse land at $27,503.55.

The development reverberated throughout the Shiba Inu community, with supporters such as Robert Fox expressing their steadfast commitment. Fox enthusiastically shared his anticipation for the project and emphasized the team's unwavering dedication, assuring them of his enduring support.

Another community member highlighted the consistent track record of the Shibpreme team, drawing a notable contrast with other projects that often fall short of delivering on their promises. This comment underscored the deep trust placed in #Shibpreme and acknowledged its ongoing progress.

The unwavering dedication and passion displayed by both the Shiba Inu community and its Metaverse Advisor point towards a promising future for the Metaverse ecosystem.

With the continued support of its participants, the SHIB Metaverse is poised to offer even more unique experiences and exciting opportunities.

#Binance #crypto2023

NFTStudio24 believes that the future of gaming lies in the integration of blockchain technology. They are providing their audience with the most up-to-date and insightful coverage of the Web3 gaming industry through various forms of content. 

“Japan market holds big potential for gaming because it ranks #3 in terms of the highest revenue generating industry. The Web3 games can easily join the Japan market with some help,” Hinza said in her presentation.

She points out the advantages of joining the Japanese market, which include strict regulations and infinite opportunities for Web3 platforms. Compared to other countries, Japan’s Government is highly involved with Web3, making it a perfect market to target. 

One of the biggest examples is #Astar Network Japan Lab, an organization backed by the government. All the big Web3 companies are registered within this network, allowing them to expand better. NFTStudio24 is a member of this organization to promote Web3 and Metaverse to the global community.

In fact, NFTStudo24 has its own Global Web3 Community and an Expert Alliance community whose members include The #Sandbox  co-founder Sebastien Borget, Unstoppable Domains SVP Sandy Carter, Rektguy creator OSF,  Lunar Strategy CEO Tim Haldorsson, and many more. 

The platform offers members public relation services and also collaborate to work on different projects in order to promote Web3 around the world. 

Among many projects, NFTStudio24 has initiated the “Metaverse for All” campaign in which the media platform partners with different universities to introduce Web3 and #Metaverse.  

Hinza says that young people need to be educated to fully adopt this new technology. 

So far, NFTStudio24 has already signed MOUs with 11 institutes in India, 25 institutes in Pakistan, and 9 institutes in Singapore to offer The Sandbox Academy courses to young students. Hinza shares they’re working on expanding their campaign in Nigeria, North Africa, the Middle East, and Europe. 

SHIBA INU - The Metaverse, marks the beginning of a new era.

The metaverse of Shiba Inu, will usher in a bold era of crypto gaming and passive earnings.

The developers of the #ShibaInu meme #cryptocurrency have announced plans to launch the Shiba Inu metaverse, “SHIB: The Metaverse,” a project aimed at expanding the usefulness of the Shiba Inu ecosystem.

The metaverse will open in December 2023 and will feature 100,595 user-minted parcels of land.

Owners can generate passive income from their plots, collect in-game resources, and generate rewards.

Also, the developers plan to introduce a way to earn and ensure that players have a personal space where they can build and manage their projects.

The metaverse will run on Shibarium, a Layer 2 network using Shiba ecosystem tokens such as BONE and LEASH , with the testnet already active.

SHIB: The Metaverse

"While all development takes time, the MV team is confident that by the end of 2023, users will have the opportunity to explore some of the areas of this fantastic world, build, design, play, and develop within it," the developers said.

However, not all areas of the metaverse will be completed as it is an ongoing project.

In the Shiba Inu metaverse, users can create their own avatars, modeled after humanoid dogs, to explore, visit, and interact with the lands and contribute to the in-game economy.

The “SHIB: The #Metaverse. ” project is another example of the growing trend of metaverse development in the crypto space.

The use of blockchain technology in the development of the metaverse provides new opportunities for users to own and control digital assets and participate in virtual economies.

The release of “SHIB: The Metaverse” is expected to add more value to the Shiba Inu ecosystem and expand its use cases beyond meme cryptocurrency trading.

#Binance #crypto2023

$SHIB $ETH

Metaverse Coinleri ve Avatar: Sanal Dünyaların Benzersiz Buluşması

Dijital dünyanın hızla gelişmesiyle birlikte, metaverse kavramı insanların gerçek dünyanın sınırlamalarını aşmalarını sağlayan benzersiz bir deneyim sunmaktadır. #Metaverse. , sanal gerçeklik (VR), artırılmış gerçeklik (#AR) ve diğer dijital teknolojilerin birleştiği bir ekosistemdir. Kullanıcılar bu sanal dünyalarda etkileşimde bulunabilir, ticaret yapabilir ve kendilerini temsil eden avatarlar oluşturabilirler.

Avatar kavramı, kullanıcıların metaverse'deki sanal dünyalarda kendilerini temsil eden dijital formları ifade eder. Metaverse coinleri ise bu sanal dünyalarda ticaretin ve ekonomik aktivitelerin yapıldığı dijital para birimleridir. İşte metaverse dünyasının önde gelen metaverse coinlerinden beş tanesi ve Avatar kavramıyla ilişkileri:

1. Decentraland (#MANA ): Decentraland, kullanıcıların sanal dünyalar oluşturabildiği ve bu dünyalarda ticaret yapabildiği bir platformdur. MANA, Decentraland'ın kendi iç ekonomisini desteklemek ve kullanıcıların sanal mülklerini satın almak için kullanılan metaverse coinidir. Avatarlar, MANA kullanarak sanal mülklerini satın alabilir ve avatarlarını özelleştirerek metaverse'de kendilerini ifade edebilirler.

2. Sandbox ($SAND ): Sandbox, kullanıcıların sanal dünyalar oluşturabileceği ve diğer kullanıcılarla etkileşime geçebileceği bir platformdur. SAND, Sandbox ekonomisinde kullanılan kripto para birimidir ve kullanıcıların sanal varlıklarını takas etmelerini sağlar. Avatarlar, SAND kullanarak dijital varlıklarını satın alabilir ve sanal dünyada diğer kullanıcılarla etkileşime geçebilirler.

3. Cryptovoxels (#VOX ): Cryptovoxels, kullanıcıların sanal dünyalarda mülkler satın alabildiği, içerik oluşturabildiği ve diğer kullanıcılarla etkileşimde bulunabildiği bir platformdur. VOX, Cryptovoxels ekonomisinde kullanılan metaverse coinidir. Avatarlar, VOX kullanarak sanal mülklerini satın alabilir ve diğer kullanıcılarla etkileşime geçebilirler.

4. Somnium Space (#CUBE ): Somnium Space, kullanıcılara sanal dünyalarda gezinme, etkileşimde bulunma ve içerik oluşturma imkanı sunan bir platformdur. CUBE, Somnium Space'in kendi iç ekonomisini desteklemek ve kullanıcıların sanal varlıklarını satın almak için kullanılan metaverse coinidir. Avatarlar, CUBE kullanarak sanal mülklerini satın alabilir, içerik oluşturabilir ve diğer kullanıcılarla etkileşimde bulunabilirler.

5. The Graph (#GRT ): The Graph, metaverse dünyasında veri ve içerik aramaları yapmak ve analiz etmek için kullanılan bir protokoldür. GRT, The Graph protokolünün kripto para birimidir ve kullanıcılar tarafından veri hizmetlerine erişim için kullanılır. Avatarlar, GRT kullanarak veri ve içerik aramaları yapabilir, metaverse'deki içeriği analiz edebilir ve diğer kullanıcılarla bilgi alışverişinde bulunabilirler.

Bu metaverse coinleri, kullanıcıların avatarlarını güçlendirmelerini, sanal mülkler satın almalarını ve diğer kullanıcılarla etkileşime geçmelerini sağlar. Metaverse dünyasında Avatar kavramıyla metaverse coinlerinin birleşmesi, kullanıcıların sanal dünyalarda benzersiz bir şekilde var olmalarını ve etkileşimde bulunmalarını mümkün kılar. Kullanıcılar, bu coinleri kullanarak avatarlarını özelleştirebilir, sanal mülkler edinebilir ve dijital ekonomi içinde ticaret yapabilirler.

Bu beş metaverse coini ve Avatar kavramı, insanların gerçek dünyanın sınırlamalarını aşarak dijital dünyada benzersiz deneyimler yaşamalarını ve kendilerini ifade etmelerini sağlar. Metaverse dünyası hızla gelişmekte olup, Avatar kavramıyla birleştiğinde daha da büyük bir potansiyele sahip olabilir.

Official content marketing specialist of Shiba Inu, @LucieSHIB, has reported a new SHIB scam account on Twitter after the "Shibarmy Scam Alerts" profile (@susbarium) spread the word about it on its page.

The scam team is operating through an account @ShibaInuHQ, and it offers a "giveaway" of SHIB, suggesting that users should go to their website for that. The account calls itself "Official Twitter Account for the Shiba Inu Ecosystem" and has a picture from the SHIB Metaverse in the profile pic field, thus trying to mislead SHIB fans.

Now, they are luring SHIB fans with a "SHIB/BONE/LEASH" giveaway worth $30,000,000 to active Ethereum wallets. The fiat worth seems to be too big for giveaways usually conducted by real crypto exchanges/#crypto platforms anyway.

The "Shibarmy Scam Alerts" Twitter account urges the SHIB army to report the aforementioned SHIB scam account, Lucie tweeted that she has done that already.

Reported

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) July 1, 2023

To make itself seem more legitimate, the scam account retweets posts from the official accounts of the #Shiba Inu token and the SHIB Metaverse. In particular, they retweeted a post on the Metaverse about a giveaway of 10 pieces of virtual land in the #Metaverse.

A few days ago, @susbarium spread the word about a scammer on Twitter who claimed that he had received a #Shibarium testnet reward. The SHIB anti-scam account warned the Shiba Inu community that the SHIB team has not been offering any such rewards recently.Official content marketing specialist of Shiba Inu, @LucieSHIB, has reported a new SHIB scam account on Twitter after the "Shibarmy Scam Alerts" profile (@susbarium) spread the word about it on its page.

The scam team is operating through an account @ShibaInuHQ, and it offers a "giveaway" of SHIB, suggesting that users should go to their website for that. The account calls itself "Official Twitter Account for the Shiba Inu Ecosystem" and has a picture from the SHIB Metaverse in the profile pic field, thus trying to mislead SHIB fans.

Now, they are luring SHIB fans with a "SHIB/BONE/LEASH" giveaway worth $30,000,000 to active Ethereum wallets. The fiat worth seems to be too big for giveaways usually conducted by real crypto exchanges/crypto platforms anyway.

The "Shibarmy Scam Alerts" Twitter account urges the SHIB army to report the aforementioned SHIB scam account, Lucie tweeted that she has done that already.

Reported

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) July 1, 2023

To make itself seem more legitimate, the scam account retweets posts from the official accounts of the Shiba Inu token and the SHIB Metaverse. In particular, they retweeted a post on the Metaverse about a giveaway of 10 pieces of virtual land in the Metaverse.

A few days ago, @susbarium spread the word about a scammer on Twitter who claimed that he had received a Shibarium testnet reward. The SHIB anti-scam account warned the Shiba Inu community that the SHIB team has not been offering any such rewards recently.

#crypto2023