Cryptocurrency Shiba Inu grew by 23% per day

According to CoinMarketCap, the value of the Shiba Inu (SHIB) meme cryptocurrency has increased by 23% in 24 hours. At the time of writing, SHIB is trading at $ 0.1 563.

As it became known, the market capitalization of Shiba Inu has increased by $ 1.53 billion and now stands at $ 8.6 billion. One of the reasons for the increase in SHIB’s value is the price of bitcoin — this morning, the flagship asset exceeded $ 25,000, which had a positive impact on the entire cryptocurrency market. However, at the time of writing, BTC is trading at $ 24,665.

As for the Shiba Inu ecosystem, SHIB developers have recently announced the upcoming launch of their own game called Shiba Eternity. According to Shiba Inu representatives, Shiba Eternity is a collectible card game (CCG) that is being created in collaboration with the Australian game development company PlaySide Studios.

In addition to the game from Shiba Inu, users will be able to launch a plastic card called SHIB Burn. Back in April, Shiba Inu launched a new token burning mechanism SHIB Burn, which allows holders to burn their cryptocurrency and receive rewards in the form of burntSHIB tokens. Also recently, Shiba Inu’s chief developer Shitoshi Kusama announced plans to launch its own stablecoin SHI and TREAT token, the latter to be used in metaverse.