The SHIB Metaverse team also revealed concept art for the WAGMI Temple and Rocket Pond projects, two other centers. The Canyon First Concept hub will offer users an all-digital experience of being in the countryside or at the campground. How will these developments affect the Shiba Inu price?
SHIB is moving fast in the metaverse space
As you follow on Kriptokoin.com, the meme cryptocurrency project Shiba Inu has been working on the Metaverse project for a while. On Tuesday, October 4, the team behind SHIB Metaverse unveiled a groundbreaking art concept for “Canton,” a new digital location that will play a key role for Metaverse users. The Canyon First concept drawing highlights a visual representation process in which an environment includes a particular view. This concept was widely used in movies and video games to present a specific vision and emotion that would inspire a deeper connection with the atmosphere.
Concept art brings together the creative perspective and other aspects of the project. For Canyon First Concept Art, SHIB Metaverse collaborated with The Third Floor visualization studio. Canyon First Concept Art embodies the essence of Earthly, Rivers, Adventure and Breathtaking Landscapes. Users can also immerse themselves in different activities such as Rock Climbing, Water Skiing, Slot Mazes, ATV Mountain, White Water Rafting and many more.
Canyon HUB also aims to provide its users with an all-digital experience of being on the campsite or in the countryside. Currently, HUB’s art concept is only available in black and white. In addition, the visual concept is inspired by different places. This includes Lake Tahoe, the Badlands in the USA, the Salt Flats, the Grand Canyon, etc. including.
Additional projects by SHIB metaverse
The SHIB Metaverse team is working on other important projects as well! In September last month, the Metaverse team revealed concept art for two other hubs for the WAGMI Temple and Rocket Pond projects.
WAGMI Temple represents the concept of “zen-meditation-spiritual relaxation”. Also, the visual appearance of WAGMI Temple is inspired by temples and meditation centers from around the world. The purpose behind creating this is to enable Metaverse users to enjoy experiences such as meditation, yoga, and other spiritual and relaxation practices.
On the other hand, the purpose of the Rocket Pond center is not very clear. However, the SHIB Metaverse team says that for the crypto community, the concept of rockets is associated with energy, action and huge price spikes. While these developments were taking place, the Shiba Inu was under selling pressure in the crypto winter of 2022. Last year in 2021, SHIB performed excellently in the crypto bull run. The developer team at Shiba Inu has been taking on important projects lately, such as Metaverse enhancements.
Should the community prepare for a takeoff?
The Shiba Inu has come a long way since its inception. From a core meme-coin perspective, SHIB has made significant progress. By market cap, SHIB is the second largest meme-coin. It does, however, push DOGE for first place as it continues to advance faster than the prevailing meme-coin.
The Shiba Inu team has made several attempts to build its environment. SHIBBurns, SHIBMetaverse, and the Shiba Inu Eternity game are just a few of the improvements the team is working on. The SHIB team revealed a new concept art of the metaverse yesterday. Is it possible for SHIB to trigger exit from downtrend?
SHIB rose after announcement
SHIB is up about 1.65% in the last day after upgrades to the metaverse project were announced yesterday. But the rise was short-lived as he lost what he had gained. SHIB is currently trading at $0.00001124 without a major move in price. The announcement failed to have a huge impact on the price.
SHIB metaverse is one of the big projects of the Shiba Inu team. According to analysts, Metaverse will also help pump the benefit of SHIB, BONE and LEASH. SHIB’s performance over the past year has not been particularly noteworthy. SHIB rose 1% last week. However, it fell 12.4% in the previous 30 days. The value of SHIB decreased by 16.1% compared to last year.
On the other hand, SHIBburn put on a good show with a 1129% increase in burn rate in the last 24 hours. 28,671,726 tokens have gone to dead wallets in the last 24 hours. The community is also waiting for the Shiba Eternity download day.
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