The creators behind meme-based cryptocurrency Shiba Inu 

unveiled their first “special surprise” for the year on Tuesday.

What Happened: In an update on Twitter, the Shiba Inu team posted a glimpse of their upcoming metaverse world titled “Shiberse.”

 

In the tweet, Shiba Inu developers posted an image of what looks to be a screen capture of the blockchain-based environment and features a Shiba Inu dog holding an axe in its mouth – presumably to symbolize the act of mining.

Also See: Shiba Inu or Dogecoin: Which is the best crypto coin will make you a Billionaire in 2022?

Why It Matters: In November 2021, Shiba Inu developers partnered with David Volk, a former Vice President of Technology at Activision Blizzard, Inc .

Volk leads the game design, implementation, and completion of the project being developed by the game studio.

The game which will be primarily on mobile is expected to create “unique opportunities” within the Shiba Inu ecosystem for SHIB, Doge Killer (CRYPTO: LEASH), and Bone ShibaSwap (CRYPTO: BONE). Revenue from the game’s in-app purchases will allow for SHIB and LEASH burns.

Price Action: As of Tuesday morning, SHIB was trading at $0.00002124, gaining over 10% in the last 24 hours. The token had a daily trading volume of $1.5 billion.

TRENDING:  Analysts Warn That Bitcoin Could Drop To $38K 'Before An Eventual Breakout'

SHIB is down 76% from its all-time high of $0.00008845 on Oct. 28, 2021. However, the coin is still up a whopping 25,761,805.26% from its all-time low of $0.000000000082 on Sep. 1, 2020.

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