The cryptocurrency market has entered a correction after the rally that started last week. Bitcoin broke the critical resistance of $23,000 yesterday and reached $24,000. Then, it corrected and is currently trading at $22,749. However, developments continue in the cryptocurrency market. Finally, Dogecoin announced that it has released the Dogecoin Core upgrade. After that, activity on the network reached levels not seen since May 2021. One of the latest news came from the Shiba Inu, who describes himself as the “DOGE killer”. William Volk, who served as the lead consultant for the Shiba Inu Games version of the Shiboshi game, made the announcement. “Something big is coming” for SHIB, Volk said. Here are the details…
“Something is coming for SHIB”
William Volk’s “something is coming” post was a response to the post by Shiba Inu. Shiba Inu official Twitter account shared a tweet containing a promotional video yesterday evening. The SHIB team did not write a statement above the video in the Twitter post. However, the video featured a cloudy and rainy storm and palm trees. In the sound of the video, the thunder was striking. Volk’s response to the post reinforced the allegations that Shiba Inu shared about his long-awaited game. This is because Volk joined the Shiba Inu game development team in November 2021. At that time, the team announced that they had given responsibility for the Shiba Inu Games version of the Shiboshi game to William.
Hmm.. Something’s coming. https://t.co/16AbW3wLS2
— william_volk (@william_volk) July 20, 2022
In 2004, Volk launched Bonus Mobile company with Sherri Cuono. Bonus Mobile developed The Dozens, a mobile game based on the Wayans Brothers card game. This game has managed to win many awards in the era of low resolution phones with 64KB memory. It also included socializing with in-game chat and animated playing cards. Interestingly, Sherri Cuono joined Shiba Inu Metaverse’s team as a consultant in late May. Thus, he brought a wealth of experience to the Metaverse.
Shiba Inu partnered with this company for Metaverse
In positive news, Shiba Inu collaborated on the design and construction of the SHIB: The Metaverse project. Accordingly, the team has partnered with world-class visualization studio The Third Floor (TTF). SHIB: The guidance and collaboration of the Metaverse Advisory Board and team continues. The team is working to produce new environments for the SHIB community. In this way, they aim to create an environment that is truly community created and managed. TTF enables the creation of well-known IPs for video games, VR/AR and location-based entertainment. It even holds the title of the largest visualization company in this field.
Number of wallets holding SHIB hits record
WhaleStats shared important data for the Shiba Inu. Accordingly, SHIB has achieved a record-breaking milestone with more than 1,210,000 owner numbers. At the time of writing, the number of Shiba Inu owners exceeded 1,210,718. Along with that, Whalestats also shared whale activities for the Shiba Inu. SHIB is held at a very high rate according to the movements of the 1,000 largest Ethereum whales. The total Shiba Inu reserve of whales is currently worth $658,535,219. Additionally, with the latest news, the meme coin is back as the favorite token of the top 100 whales. At the time of writing, the SHIB price has lost 7.74% in the last 24 hours. Accordingly, it is currently changing hands at $0.0000118. Despite the recent drop, the meme coin is up 16% on the weekly chart, as we reported on Cryptokoin.com.
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