Shiba Inu (SHIB) Rally Soon?: Crucial Update On Eternity Awaited

After the Shiba Inu (SHIB) announced plans to reduce the total circulating supply, the developers will give yet another update. On Thursday, SHIB developers are scheduled to give further update on Shiba Eternity, the game recently launched by the team. On September 17, the Shiba Inu team launched the blockchain-based card game in Australia. Meanwhile, the SHIB community is awaiting further updates on the game’s expansion plans.

Shiba Eternity Game Update

Amid huge anticipation of the further details on Shiba Eternity and the burning mechanism, the developers are set to reveal more on Thursday. In this context, an event is planned for later on Thursday to make further announcements. A community update Twitter Spaces event has been scheduled for discussion on the Shiba Eternity project. The SHIB official Twitter account revealed the details on the announcement. The memecoin’s pseudonymous founder and lead developer, Shytoshi Kusama, along with gaming expert William Volk will provide the update.

“A Shiba Eternity Community Update Twitter Spaces Event has been scheduled for Thursday 9.22. William Volk and Shytoshi Kusama will provide crucial updates in regards to Shiba Eternity. The most talked about game by the Shib Army!”

Meanwhile, $SHIB has been on a downward price curve in the last one month. In fact, SHIB is now close to the level of around three months ago. As of writing, the memecoin price stands at $0.00001069, up 0.92% in the last 24 hours, according to price tracking platform CoinMarketCap.

Optimism Around Shibarium

The SHIB developers are also working on Shibarium, a layer-2 blockchain network. The Shibarum tool will help users and developers to build applications for blockchain ecosystem. This would be similar to the Ethereum network, which allows developers to develop decentralized applications. The tool will function as the premium layer-2 for the Shiba Inu token and the community. The Shibarium project is said to enable rapid low cost transactions for gaming.

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Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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