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  •  A new slogan has been introduced by the SHIB team to welcome “SHIB the metaverse.”
  • There is a metaverse panel expected to come off on March 12. 

The SHIB community has been very excited with the upcoming “SHIB the metaverse” project as it is anticipated to upgrade the whole project to a technical level rather than a meme product. In the latest report, an interesting slogan has been unveiled by the Shiba Inu team – “It’s Not a Meme -It’s A Movement.” This was tweeted by a lead developer of the project, Shytoshi Kusama, after it was unveiled on the SXSW floor. Kusama uploaded an image with four tags – “#SXSW23 #Shibthemetaverse #shibarium #metaverse,” and tagged Marcie Jastrow & Sherri Cuono. 

The new slogan has excited the SHIB army who believe that the launch of the SXSW and the introduction of “Shib the metaverse” could revolutionize the industry to a large extent. In addition to this, a Happy Hour event scheduled on March 11 has been tweeted by the Shiba Inu token account.

An exclusive Metaverse #HappyHour is coming March 11 at @sxsw 2023 Shiba Inu and Departure Lounge invite you to join us for happy hour to wrap up press day and to kick off the SXSW Interactive track this weekend!

The metaverse panel announcement

The SXSW website has also announced a metaverse panel expected to come off on March 12th, 2023 at 10:00 AM CST. The panel includes Peter Martin from  V.a.l.i.s. + 0.Xyz, Chris Edwards from The Third Floor, Inc., Connor Murphy from The Third Floor, Inc., and Marcie Jastrow from Shiba Inu Coin. 

According to the announcement, some bold artists and entrepreneurs have envisioned some possibilities on a smaller scale while the building block for a huge and open metaverse is put in place by the tech giants and blockchain gurus.

The announcement also mentions that iconic virtual real estate, an online playground for VIP members, and metaverse transport devices have been designed by the pioneers. 

In this panel, we’ll examine the creative and technical process of authoring Metaverse experiences with existing technologies. How are persistent worlds being conceived and constructed using advanced visualization and virtual production workflows? What can we learn from these examples ahead of the mainstream rush to create compelling content for the Metaverse?

Can Shiba Inu “kill” more zeros to hit $0.001?

Just recently, the public beta of the layer-2 solutions proposed by the founder of Shiba Inu, Ryoshi was announced to be launched this week. Also, an intake form released for those interested in contributing to the Shibarium platform saw a huge success.

According to reports, thousands of projects showed interest to build on Shibarium. To even get an idea of those filling out the forms, a survey was conducted to know how many people got involved. It was then observed that 1417 people voted, and out of that, 632 people had already completed the form just a day after launching the portal. 

The recent activities raise the question of whether Shiba Inu can “kill” some zeros to trade at $0.001. Shiba Inu is down by 10 percent in the last seven days, and currently trading at $0.00001. However, the price is up by 1.64 percent in the last 24 hours. The asset is still 84 percent down from its all-time high price of $0.000086. From this, it is obvious that hitting $0.001 in the short term is almost unlikely. However, $0.001 is not difficult to hit in the long term considering how far the crypto market can go in the future. 

 

This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

John is a seasoned cryptocurrency and blockchain writer and researcher, boasting an extensive track record of years immersed in the ever-evolving digital frontier. With a profound interest in the dynamic landscape of emerging startups, tokens, and the intricate interplay of demand and supply within the crypto realm, John brings a wealth of knowledge to the table. His academic background is marked by a Bachelor's degree in Geography and Economics, a unique blend that has equipped him with a multifaceted perspective. This diverse educational foundation allows John to dissect the geographical and economic factors influencing the cryptocurrency market, offering insights that go beyond the surface. John's dedication to the crypto and blockchain space is not merely professional but also personal, as he possesses a genuine passion for the technologies that underpin this revolutionary industry. With his astute research skills and commitment to staying at the forefront of industry trends, John is a trusted voice in the world of cryptocurrencies, helping readers navigate the complex and rapidly changing terrain of digital assets and blockchain innovation. John Kiguru is an accomplished editor with a strong affinity for all things blockchain and crypto. Leveraging his editorial expertise, he brings clarity and coherence to complex topics within the decentralized technology sphere. With a meticulous approach, John refines and enhances content, ensuring that each piece resonates with the audience. John earned his Bachelor's degree in Business, Management, Marketing, and Related Support Services from the University of Nairobi. His academic background enriches his ability to grasp and communicate intricate concepts within the blockchain and cryptocurrency space. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

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