Whoops! The crypto Shiba Inu is soaring
In a week’s time, the Shiba Inu meme coin is rising fast. And that while the weeks before it was doom and gloom. How is that possible?
Earlier we wrote that the currency was hit hard, but that seems to be about to change. That’s how volatile a crypto can be, especially meme coins. Shiba Inu (SHIBA) is up 58 percent last week!
Shiba Inu rising
Nice if you bought during the dip. The reason the currency suddenly rises is because the market is positive again and some other messages from the company itself. The team has announced that it will enter the metaverse. They will do this by creating a ‘country’. Digital of course and they call it Shiba Lands. The land is already ready for sale and auction. We know the metaverse as a virtual world where people can talk to each other via 3D avatars.
Digital Country
Investors looking to capitalize on this potential hype should buy and hold onto Doge Killer (LEASH). LEASH is a token created by SHIBA. The makers explain it in a blog post. So you get queued in the SHIBA metaverse by having Doge Killer tokens. You can buy land with these tokens when it goes on sale. The company itself says:
“Overall, our focus is not only on disrupting the Metaverse industry, but also on many industries in and outside the crypto world. Our Metaverse serves as an anchor in our ecosystem. This is because we are adding even more utility, projects and benefits to our beloved ShibArmy, the best crypto community out there.”
The marketing strategy seems to be working as the tokens are rising fast. By more than 130% in seven days.
