Popular meme token Shiba Inu (SHIB), opener metaverse launched land sales for the universe today.
However, the land sales were not warmly received by the SHIB community as the SHIB price could not compensate for their losses.
SHIB Community Criticizes Not Supporting SHIB Token in Land Sales
At the beginning of the criticisms directed at the land sales, only the payment option was used. Ethereum (ETH) There comes a need for a Metamask wallet. Project developers have announced that Shiba Inu payments will also be added soon.
Land prices start at 0.2 Ethereum (around $300). In fact, today’s public sale is the third and final phase of the land sales of the SHIB Metaverse.
SHIB developers have generated over $20 million in sales so far.
#ShibArmy – The PUBLIC SALE is now open at https://t.co/919hWkghKq!
Lands are available for everyone to purchase (no locking required)
🏝️Land prices starting at 0.2 ETH
🏝️MetaMask Wallet RequiredComing Soon: Pay with $SHIB #SHIB #metaverse pic.twitter.com/5E8i5hQxl0
— SHIB: The Metaverse (@ShibTheMV) April 23, 2022
A total of 100,595 parcels of land will be sold on Metaverse over time. To begin with, 32,124 parcels of this issue were put up for sale.
Shiba Inu’s Losses Increase
After the announcement of the land sales, SHIB price increased its losses and lost 2.4%. The meme token, which fell as low as $0.00002392 and approached the lowest level in the last month, experienced a partial recovery after this and is trading at $0.00002426 at the time of this writing.
Metaverse, the world’s second largest meme token, initially responded to its announcement with a rally, but since then the gains have been wiped out. The SHIB community is reacting to the project’s decision not to use the Shiba Inu.
Currently, only Ethereum is accepted for land sales in the SHIB Metaverse. The developers have said that this is because SHIB maintains its liquidity.
*Not investment advice.