The Evolution of Shiba INU: Is It Still a Meme Coin?

Shiba Inu (SHIB) is a meme coin above all else. However, since its start, it has expanded to create an exchange, ShibaSwap, and is currently looking to offer added utility with the Shiba Inu metaverse. SHIB holders, in particular, may mint land plots in SHIB: The Metaverse. At first, the project only accepted payments in ether (ETH), but that has changed so that there won’t be a massive sell-off of SHIB on exchanges and trading platforms. People can mint four different types of plots that are worth between 0.2 ETH and 1 ETH. On the Shib.io platform, users can pay the same amount in ETH or SHIB to get access to these land plots. It is important to note that SHIB: The Metaverse will be developed on Shibarium, an upcoming layer 2 scaling mechanism for SHIB. In the next few months, Shibarium will get a public test net and then go through a public beta testing phase. Once Shibarium is up and running on the main network, all SHIB will move there. The new system will also have low transaction fees, which will be “near zero.” Shiba INU: From a Meme Coin to Metaverse The SHIB protocol’s creators are optimistic about the future of blockchain technology. They also see a brutally obvious path ahead of them. As interest in the metaverse and non-fungible tokens (NFTs) continues to grow, the Shiba Inu community is searching for a way to bring Shibas into the digital economy. Shiba Games is simply a response, a gaming company founded by SHIB ...