In the metaverse of Shiba Inu (SHIB), the first phase of the land sale is coming to an end. However, before the end of this process, it is striking that offers were made at record prices. Investors who want to take part in the metaverse of SHIB have made offers above 6 Ethereum (ETH). Here are the details…
Record sales on Shiba Inu (SHIB) metaverse
The first phase of Shiba Inu (SHIB) metaverse land sale is coming to an end, but fierce offers are pushing the price of some SHIB land over 6 ETH not before removal. As we reported on cryptokoin.com, after going live earlier this week, the bidding period for Shib: The Metaverse has seen more than 7,500 transactions with LEASH and Shiboshi owners willing to buy premium real estate on the SHIB map.
Following the land sale delay, prospective landowners in the Shiba metaverse are in conflict over key pieces of land. In the first phase, there are 36,000 pieces of land. However, most of the activities at this stage are focused on Diamond Teeth Land. This terrain is closest to the main centers on the map. The plots around Ryo Plaza are particularly competitive. Given Shiba Inu’s connection to its founder and central location, offers keep coming in around the plaza. According to Shiba moderator Queenie, the highest bid for a plot as of yesterday was 5.19 ETH. At the time of writing, that means over $15,000 has been bid for a piece of Land.
$20,000 land sale
However, relevant reports on the Shiba Discord indicate that the highest bid is 6.51 ETH – a bid above $20,000. The highest Bid of 6.51 ETH was confirmed by Archangel, member of Shiba Inu Growth Breed, by sharing a screenshot in one of his recently posted tweets. As we neared the end of Phase One, bidding wars were thought to escalate.
Additionally, the Shiba Inu (SHIB) team recently launched an “Early Access Introduced two new features for the “Land Offer Event”. The timer is used to know how much time is left to the next stage and MULTIBID is used to bid on multiple selections with just one action.