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Shiba Eternity in $16bn market launched with huge token burn

October 6, 2022
in Crypto News
Reading Time: 3 mins read
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  • Fans in Vietnam and Australia have already had the opportunity to play the game during the testing stage.
  • According to the team, 50 percent of the profits obtained from the game will go into community-focused Projects that make use of the Shibarium scaling solution. 

According to an official announcement, the Shiba Inu collectible card game, Shiba Eternity has been launched and can be accessed globally on IOS and Android devices.

The time has come to cross paws in the Dogjo. 

#ShibaEternity is now live worldwide on Android and iOS.

Fans in Vietnam and Australia have already had the opportunity to play the game during the testing stage. Shytoshi Kusama, the lead developer has disclosed that the team is focused on coming up with a comprehensive guide for the game. For now, they have targeted increasing the games ranking on the Apple store by aiming for a high number of downloads. The game download was earlier scheduled for October 1 but was postponed.

According to the team, Shiba Eternity would be the most complex collectible card game ever released. From the description, users would have the option to choose among 10,000 Shiboshi heroes, 500 collectible cards, etc. The reward earned in the game can be used to purchase several Shiba Eternity virtual features. 

According to the team, 50 percent of the profits obtained from the game will go into community-focused Projects that make use of the Shibarium scaling solution. 

Shiba Inu could witness a rise in the accumulation zone amid Shiba Eternity launch

The scarcity and popularity of the Shib token would largely depend on the success of the game as 5 percent of the profits would be allocated to burning the asset. 

The Shiba community, however, believes that the 5 percent dedicated to burning the token is not enough.

Here’s the situation, we are nowhere near the level that we need to burn $SHIB. The burn rate is too low. How do we increase #SHIB community participation? We really need to burn more to make the value of #shiba increase. #ShibaArmy #ShibaEternity.

Earlier, Developer William Volk, who introduced the card game in Gamescom 2022 announced that he was happy with the 4.9 out of the 5.0 rating on the Apple Store. 

The Shiba community finds this initiative as a major push for the meme coin. Its price movement lately has shown an interesting sign of a possible breakout. There has been an increase in accumulation in the past weeks which coupled with the game could be a catalyst for a bull run. Top Ethereum whales are also said to prefer the meme coin to their favorite token according to data. 

A Shiba Inu community member, SHIB Knight has maintained that the price could witness a rise in the accumulation zone.  Shiba Inu is currently trading at $0.000012 and down by 0.17 percent in the last 24 hours. 

 


Credit: Source link

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