Shiba Inu Community Awaits Eternity Download, What It Means For SHIB?

0
13

After recently experiencing a price rally, the Shiba Inu (SHIB) community is bracing for the download day of Eternity game. The memecoin had for a brief period witnessed a steady rally before a price correction. The short rally was seen at a time when the overall crypto market suffered losses. The Shiba Eternity game download day is scheduled for October 1. This could spur a price rise but it all depends on how long the memecoin holds on to the momentum.

Shiba Eternity Download Day

Shiba Eternity is a strategy card game that allows users to change between perfecting deck building skills and waging epic card wars. The game developers have already launched a Shiba Eternity 30 second app preview or trailer contest. The contest winner will receive $5,000 worth of rewards pain in $SHIB, the organizers announced. Meanwhile, SHIB continues to be the preferred token to purchase for Ethereum holders. SHIB is the currently the biggest token position by dollar value, as per WhaleStats data.

Shiba Inu (SHIB), the second largest memecoin by market capitalization, has seen high transactions values among top 100 holders. As of September 28, the memecoin saw a daily trading amount of around $23.50 million. With significant anticipation around the strategy card game, Shiba Eternity download could further increase its price. As of writing, SHIB price stands at $0.00001104, down 1.58% in the last 24 hours, according to price tracking platform CoinMarketCap. The memecoin’s price curve is largely flat over the past week. But when compared with last month’s price range, SHIB is sitting a bit lower comparatively.

Short Rally In The Making?

Recently, the Shiba Inu team launched the blockchain-based card game in Australia. This news led to a short rally in SHIB’s price. In this context, there is high likelihood that the memecoin could gain value in the coming week. It remains to be seen if the Shiba Eternity game downloads would lead to increased demand for the memecoin.

Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here