Shiba Inu (SHIB) is waiting for positive news from the metaverse project, which has been in development for a while. Could new event on Metaverse be bullish catalyst for SHIB price?
SHIB: The Metaverse team announces new news that raises expectations
In a new announcement, the team invites their community to join the Fireside Chat as we approach 2023. While there were some big surprises at the event, the overall discussion will be about Shiba’s metaverse development. The Fireside Talk, organized by the SHIB: The Metaverse team, starts at 04:00 on Friday night. You can find the details in the tweet below.
A quick agenda change before Ryo Plaza! Tomorrow's fireside chat will a special Holiday fireside chat. With 2023 just around the corner, come and join us for a recap of this past year in the Metaverse, some new surprises, along with our giveaway!
For this week? Sneak Peek below. https://t.co/JUefdLwSzD pic.twitter.com/SBX4GBJ0Ca
— SHIB The Metaverse (@ShibTheMV) December 7, 2022
Meanwhile, it recently kicked off the holiday season with the free SHIB: The Metaverse Silver Fur Land. On top of that, the next HUB, which will likely be Ryo Plaza, will be unveiled at the new event. According to the crypto community, the conceptual drawing of this HUB is very likely to be revealed during the Fireside event.
Latest developments from Shiba Inu metaverse projects
Earlier, the Shiba Inu developer team announced five major HUBs for the upcoming Web3 project. First, there is the WAGMI (We Will All Succeed) Shrine that will make the SHIB Community forget their losses in the crypto winter. The Asian-inspired WAGMI was followed by Rocket Pond, Canyon Hub, Growth Dunes, and Tech Trench.
Ryo Plaza is the sixth piece of Shiba Inu’s metaverse puzzle. Earlier this year, SHIB’s Metaverse team created 11 new Discord channels. Naturally, this comes to mind that there will be at least ten HUBs. SHIB’s Marcie Jastrow recently admitted that at the current stage, the dev team is working on the dynamics of the metaverse. Ms. Jastrow, official Counselor of SHIB: The Metaverse, recently attended the Immerse Global Summit 2022 in Miami Beach. Meta shared progress in Web3 development with some of the biggest names in the IT industry including Microsoft, Lenovo, Sony, Web3 Equity and Mission Impact.
Amazing panel was an honor to share the stage @LisaMWatts @thisisrogman @milicazec thanks for all the love for the #shibarmy #SHIBTHEMETAVERSE https://t.co/BL1qktpB8x
— Marcie Jastrow (@marciejastrow) December 7, 2022
Are all these developments a bullish sign for the Shiba Inu?
Shiba Inu price has had to move sideways for the past two weeks in the process of making up for the FTX crash. The second largest meme token is currently trading at over $0.000009312. On December 8, when Bitcoin and Ethereum rose around 3%, it took the opportunity to break away from the $0.0000090 support. In this regard, the next levels of resistance are between $0.0000096 and $0.0000089, according to recent reports. This price range also reflects a region with low trading volume. Therefore, investors may avoid making new entries from this region depending on the market conditions.
Finally, it should be noted that the price of SHIB is largely dependent on the news feed. As Kriptokoin.com, we have discussed Shiba’s 2023 roadmap in this article.
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