Shiba Inu: Several Major Projects to Be Deployed Soon

Vignesh Karunanidhi
Shiba Inu: Several Major Projects to Be Deployed Soon
Source: Coinlive

Shiba Inu has a lot of potential projects and ideas under the sleeve that it might soon roll out to the community.

In one of the recent updates of SHIB, we covered the announcement by Shytoshi Kusama, where he tweeted that the SHIB Metaverse land will be available soon.

He announced that users could use the Leash Locker or Shiboshis locker feature to get early access to SHIB land.

What’s cooking for Shiba Inu?

Shibarium has been under progression for some time. One of the lead developers of ShibaSwap announced that it is moving to the next development phase.

We covered the news that Shibarium, the Layer 2 on which SHIB: The Metaverse will be built, is now in the Alpha phase and is expected to enter the Beta phase soon. Aside from that, the Shiba Inu dev offered information about other happenings.

Shiba Inu remarked earlier this year that it is getting ready to initiate its own ‘burn domain.’ SHIB tokens will be burned and removed from circulation on a daily basis by the platform.

Despite confirming that the portal is in the “final stages,” Archangel has yet to provide a tentative release date. However, knowing that the platform is reaching its finish line, it might be introduced anytime sooner or later.

Shiba Inu recently announced the creation of its Metaverse, which would include 100,595 pieces of land. In stages, SHIB will open the plots.

During the first phase, the team will have access to 36,431 plots separated into four tiers (“Silver Fur,” “Gold Tail,” “Platinum Paw,” and “Diamond Teeth”).

The developer claims that it sought to use a neutral token for pricing. Hence prices range from 0.2 ETH to 1 ETH depending on the tier.

Shiba Inu is currently trading at $0.00002475 as per the reports by CoinMarketCap. It won’t be much time till SHIB crosses its all-time high of $0.00008845 to reach new heights.