The price of the Shiba Inu (SHIB) has been on the radar of investors lately. The latest tweet from the project’s lead developer, Shytoshi Kusama, is one of the reasons. Last week, he released a very important update regarding an upcoming project by Shytoshi Kusama. Here are the details…
Exciting community tweet from Shiba Inu developer
Kusama’s tweet is believed to have something to do with the burning mechanism. In the last tweet of Kusama, which attracted attention, “There will be burns from the game period. Details will show why Shiba Eternity is strong. Shib will explain that it is great for Shiboshi owners and Shibarium.” statements were included. Based on these tweets, it turns out that the Shiba Inu developer is focusing on reducing the total circulating supply of SHIB in “Shiba Eternity”.
Apart from that, it seems to be preparing something that will allow players to enjoy the card game. Also, the community is looking forward to it as Kusama is expected to provide more details ahead of the game’s “download day”. There are speculations that the announcement in question is linked to what he mentioned in December last year. The lead developer wrote in a tweet last year:
ALL NEW PLATFORMS will provide SHIB burn. The only exception is the game. But there is a reason for this.
Interestingly, this tweet was reposted by Shiba Inu member GossipShib last month.
Shiba Eternity launch in Australia
cryptocoin.com As we have reported, Shiba Eternity is gradually entering the market. Shiba Inu launched the blockchain-based card game Shiba Eternity in Australia last week. Prior to that, it was available to users in Vietnam. The game became a hit in the country, which allowed the developers to increase the capacity of the servers by fifty times.
In December, Shiba Inu Games partnered with PlaySide Studios, Australia’s leading video game developer. Last month, Shiba Eternity debuted at Gamescom, one of the world’s biggest gaming events. The next launch is expected to be officially released in all countries through the game’s “Download Day”.
SHIB burn gains momentum
Meanwhile, the Shiba Inu’s burn rate increased with 132.7 million SHIB burned in the last 24 hours. Thus, the rate rose to 1.502.55 percent. In one of the community-led incineration projects, 126.73 million SHIB were destroyed in a significant transaction. One of the community-led incineration initiatives called “1Cent” has seriously added to the incineration process. It caused the Shiba Inu’s burn rate to skyrocket at the rate we specified.
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