• Shiba Inu developers collaborated with Playside Studios to develop Shiba Eternity, a mobile NFT game. 
  • As part of Shiba Inu’s push in the metaverse, the game will be available to users on both Apple App Store and Google Play Store. 
  • Shiba Inu price continued its decline, and FXStreet analysts presented an opportunity for traders to short SHIB profitably. 

Shiba Inu announced the name of the new NFT game currently under development. The mobile NFT game is called Shiba Eternity, and Shiba Inu developers created the project in collaboration with a world-leading video game developer. 

Also read: 719 million Shiba Inu tokens destroyed, burn rate explodes overnight

Shiba Inu revealed the name of new NFT game

Shiba Eternity, Shiba Inu’s new NFT game, is arriving soon on Apple's App Store and Google's Play Store. Developers behind Shiba Inu announced the name of the new game, developed in collaboration with leading video game developer Playside Studios. 

The release of the new NFT game is another step toward metaverse expansion for Shiba Inu. The broader goal of Dogecoin-killer SHIB is to build a metaverse ecosystem compatible with Shiboshi NFTs. 

The game will be introduced to users in two modes, regular free-to-play mobile and a second version incorporating NFTs and play-to-earn features. 

Developers announced that the team is working on a testing schedule and will announce a release soon. Shiba Inu holders are awaiting another critical component of the Shiba Inu ecosystem, Shibarium.

Shibarium: Unveil the full potential of Shiba Inu soon

Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, described Shibarium as a

key component in the uncanny war that will allow us to move assets on a chain with minor BONE (gas) fees empowering micro transactions.

Shibarium will therefore show the Shib Army the full potential of Shiba Inu. 

Shiba Inu price started a downtrend

Shiba Inu price suffered a decline, posting nearly 6% losses overnight. Analysts at FXStreet evaluated the Shiba Inu price trend and predicted further decline. Analysts have identified a profitable short opportunity and present it in the video below:

 


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended Content

Editors’ Picks

Is Bitcoin a safe haven amid Middle East tensions? Here's what you need to know

Is Bitcoin a safe haven amid Middle East tensions? Here's what you need to know

Following Bitcoin's 6% decline since Iran's missile attack on Israel, several investors are questioning whether the cryptocurrency's alleged "safe haven" status still holds.

More Bitcoin News
BNB price is set for decline if it closes below key support level

BNB price is set for decline if it closes below key support level

Binance Coin price trades slightly higher at around $548 on Thursday after declining 0.88% the previous day. It is currently trading near key support, and a sustained close beneath this level could indicate further declines. 

More Binance News
Internet Computer price poised for a rally if the key support level holds

Internet Computer price poised for a rally if the key support level holds

Internet Computer is trading slightly higher on Thursday and is approaching its critical support level, indicating that a recovery could be on the cards if it holds. ICP’s long-to-short ratio trades above one suggest that more traders anticipate a rally in the asset price in the coming days.

More Cryptocurrencies News
Ripple vs SEC far from over as regulator appeals Judge Torres ruling, enforcement director departs agency

Ripple vs SEC far from over as regulator appeals Judge Torres ruling, enforcement director departs agency

The Securities and Exchange Commission filed an appeal against Judge Analisa Torres's ruling in its case against Ripple Labs on Wednesday, a few hours after its Enforcement Director, Gurbir Grewal, stepped down from his role in the agency.

More Ripple News
Bitcoin Weekly Forecast: $70,000 mark on sight as bulls remain strong

Bitcoin Weekly Forecast: $70,000 mark on sight as bulls remain strong

Bitcoin has risen around 3% so far this week, breaking above its range upper limit of $64,700. This gain was supported by increased institutional demand for ETFs, which recorded inflows of more than $612 million this week. 

Read full analysis
Five best Forex brokers in 2024

Five best Forex brokers in 2024

VERIFIED Choosing the best Forex broker in 2024 requires careful consideration of certain essential factors. With the wide array of options available, it is crucial to find a broker that aligns with your trading style, experience level, and financial goals. 

Read More

BTC

ETH

XRP