Shiba Inu Crashes 6% as $300 Million Volume Sends SHIB Tumbling: Price Analysis
Shiba Inu’s price has recently experienced a significant downturn, dropping 6% amidst a trading volume of $267.39 million. Currently priced at $0.00001667, the cryptocurrency is seeing a slight recovery, up 2.65% in the last 24 hours.
As Shiba Inu integrates its Shiba Eternity game with the Shibarium blockchain, expectations for the coin’s future performance remain high. This integration transforms digital game cards into blockchain assets, making them tradable and enhancing their value.
With a market cap of $9.81 billion and a circulating supply of 589.27 trillion SHIB coins, the potential for a price rebound is being closely monitored by investors and analysts alike.
Shiba Inu is nearing the completion of integrating its Shiba Eternity game with the Shibarium blockchain, enhancing its functionality with Web3 features.
Marketing lead Lucie announced that this upgrade transforms digital cards into blockchain assets, making them tradable and increasing their collectibility.
Shiba Inu coin rebounds on news of Shiba Eternity Web3 launch, boosting community optimism. Consider monitoring its progress as it integrates Shibarium for enhanced gameplay and token burns. #crypto
— TheBrightCrypto (@thebrightcrypto) June 20, 2024
The game now includes a competitive ranking system where players progress from White Belt to Grandmaster, with 14 divisions in each 15-day cycle.
Players earn or lose points based on their performance. Gameplay cards are minted as NFTs on Shibarium, providing players with full ownership and the ability to trade their digital assets.
Key points:
The Shiba Inu price today is $0.00001667, with a 24-hour trading volume of $267.39 million. Shiba Inu has seen a 2.65% increase after experiencing a 6% decline in the
