Meme coins have played an integral role in cryptocurrency adoption. Even Dogecoin [DOGE] started the whole meme coin revolution, Shiba Inu [SHIB] emerged as its flag bearer. The asset quickly went from being a meme coin to a full-fledged ecosystem for itself. From creating its own metaverse to rolling out a collector’s deck, the Shib Army also has a lot to look forward to with Shibarium. Looks like the network wasn’t ready to slow down if Shytoshi KusamaShiba Inu’s lead developer sheds light on “Shibatopia”.
Recently, Shytoshi Kusama was seen talking about Shiba eternitythe network collectible card game on Shiba Inu’s official Discord channel. While working out the game, the developer talked about a “decentralized and peaceful society.” He pointed out that this platform, Shibatopia, would include thousands of Shib entities both on Shibarium and in real life.
He emphasized decentralization and noted that Shibatopia would focus on giving back to the community in every transaction. he continues added,
“Instead of companies making billions in profits and those funds disappearing into questionable riches, companies designed to give back to the community are co-founded and thriving in our future reality. This is truly corporate social responsibility and the future of business.”
This entity is expected to bring all things SHIB under one wing while also giving back to the community. The initiative will certainly boost the already growing popularity of Shiba Inu.
Slow but steady: Shiba Inu sings to the tune of the crypto market
After the recent crypto carnage, the market finally got some rest. At the time of writing, most cryptocurrencies were making gains. XRP undoubtedly led this rally with a 30 percent daily gain. Shiba Inu and other altcoins were also seen with gains.
Shiba Inu traded for $0.00001104 during publication with a rise of 4.04 percent in the last 24 hours. While the weekly price change remains at a negative 6 percent, several have benefited from the recent rise.
In addition, the launch of Shibarium, Shiba Eternity and an increase in burns are expected to drive up the price of the asset.