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    Home » Shiba Inu Bets on Metaverse to Revive “Doge Killer” Status
    Altcoin

    Shiba Inu Bets on Metaverse to Revive “Doge Killer” Status

    News RoomBy News RoomFebruary 17, 2025No Comments2 Mins Read

    Shiba Inu is evolving past its meme coin roots, when its lead developer Shytoshi Kusama announced that SHIB declared independence a year ago and has been working to become a self-sustaining network state.

    Going beyond just the metaverse, the upcoming launch of the Shib Operating System (Shib OS) aims to turn the project into a decentralized powerhouse with stronger privacy, better interoperability, and more flexibility.

    Kusama hinted at major announcements, including a bigger SHIB Metaverse, coming soon, though he kept the details under wraps. But he did point out on the long game; not just quick wins, as Shiba Inu’s longevity for the next 100 years. The metaverse expansion is expected to be crucial for this, bringing in cutting-edge tech into the ecosystem.

    Related: Whale Shifts $7.3 Million in SHIB and AVAX from Binance, Triggering Trader Watch

    SHIB’s Price Set for a Massive Breakout?

    While the excitement builds, from a technical chart view, SHIB looks ready for a potentially explosive price move. The so-called DOGE killer has recently broken out of a large “falling wedge” pattern.

    This is historically a sign of a bullish rally, possibly pushing prices up by over 422%. If this happens, SHIB could smash its all-time high of $0.00008841 and go even higher.

    Source: Jason Marks

    This bullish outlook fits the project’s expanding use cases. The mix of a strong community, a promising metaverse, and a bullish chart setup might be just what SHIB needs to take off again.

    Related: SEC Memo: Hester Peirce Explores Meme Coin Regulation Limits

    With big news expected soon, Shiba Inu’s expansion plans could finally secure its spot as a leader in decentralized tech, and price-wise, SHIB is primed for a potential breakout.

    Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

    Read the full article here

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