SHIB, the second most popular meme coin powering the ecosystem, the Shiba Inu is still hanging on the edge of the cliff. However, this is more likely the result of being quickly tossed by the metaverse launching soon.
The Shiba Inu traded at $0.00001030 on Saturday after remaining relatively unchanged over the past 24 hours. Most digital assets are showing vivid bullish signs, but with a lack of volatility, price action could remain subdued throughout the weekend.
Meanwhile, for the Shiba Inu, the support at $0.00001 should hold to prevent further downside chances to test the December low of $0.0000078.
On the other side of the fence, if SHIB rebounds from the same support at $0.00001, this situation could turn heavily in favor of a breakout to $0.00001574 – the February high.
Shiba Inu Reveals The New Metaverse – The Rocket Pond
Shiba Inu developers have announced the launch of a new Metaverse world called Rocket Pond. Although details of the new metaverse are kept under wraps, the team is organizing a giveaway to usher in the new era. The contestants will be looking to win the land title in the Metaverse.
Investors currently buying land in Shib – the Metaverse part with $0.2 ETH or roughly $380. The giveaway includes 10 land titles and only requires one like and one retweet to enter.
Users can stay tuned to Shib – The Metaverse and shib.io to uncover the secrets of Rocket Pond, the new Flyover.
The official website of SHIB Token has recently been revamped and now has a 3D flyover. Currently, Metaverse fans can explore the WAGMI Temple Flyover, which serves as the inaugural hub in SHIB: The Metaverse Series.
In a recent blog update, the SHIB team revealed that Rocket Pond aims to showcase the Shiba Inu’s journey through an engaging representation while capturing the essence of a secluded mountain getaway.
In addition, its architectural inspiration is drawn from various famous landmarks, such as Lake Tahoe and Cape Canaveral, blending them seamlessly into its design.
“Rocket Pond brings the feel of a hidden resort deep inside the mountains, a YMCA or KOA camping vibe mixed with modern luxury/tourism elements with the wilderness surrounding you. With crystal clear water, which goes up to the mountains.
Shiba Inu price falters but awaits recovery
SHIB bulls are holding onto the support at $0.00001 since the price corrected from $0.00001574 around the second week of March. There have been persistent attempts to break the bullish resistance at $0.000012 but again, none were successful.
That being said, the bulls have little choice but to pave the way for a rally high enough for the sellers to weaken the congested zone and close the gap first to $0.00001574 and later to the all-time high of $0.00008616. Are.
Rocket Pond’s launch has the potential to make SHIB more attractive buyers in the market, especially those that already feel sidelined by larger assets like Bitcoin and Ethereum.
Whales are hoarding large amounts of Shiba Inu (SHIB), with the 19th largest ethereum whale Received a staggering 76,316,827,917 SHIB tokens. Furthermore, the same whale has acquired an additional 69 billion Japanese guard dog-themed digital currency.
Considered a positive sign, this whale activity suggests an increased concentration of large holder positions, which strengthens market confidence.
According to the Stochastic Shiba Inu, a break above the descending trendline on the daily chart is likely to mark a major uptrend in the coming days.
aDog – Merging AI and Memes to Power Innovation
As Shiba Inu’s price falters ahead of the expected launch of the new metaverse, Rocket Pond, investors may find adog intriguing. Dubbed the largest meme generation platform, adog presents a never seen before user experience with the ability to adapt to the ever-changing crypto space.
AiDog uses sophisticated AI techniques to generate relevant memes derived from textual cues provided by users. Notable features include an AI-powered meme creator, text-focused hints, and an AI token used to buy credits.
AiDog’s creation tool employs state-of-the-art AI algorithms to generate contextually appropriate memes by drawing on a massive meme database and the latest cryptocurrency news. It guarantees top notch, current memes.
AIdog is conducting a pre-sale to raise funds to build the meme ecosystem powered by both AI and blockchain technology. Over $200,000 has come in just a few days with 1 AI token selling for $0.000026. Investors should hurry before the pre-sale price rises to $0.0000264 in the next round.
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