Shiba Inu’s (SHIB) loyal community is eagerly preparing for the much-anticipated unveiling of the project’s metaverse, fondly termed as the “Oshiverse.” Slated for launch in the upcoming two weeks, this exciting new digital dimension is stirring up significant interest among SHIB enthusiasts and potential investors. While detailed specifics about the Oshiverse are still under wraps, the prevailing anticipation continues to fuel the project’s momentum. Let’s analyze in this Shiba Inu price prediction what should happen to SHIB prices.
SHIB Prices Register Encouraging Surge
In line with the growing excitement around the upcoming metaverse launch, SHIB has witnessed a notable price surge. Over the past 24 hours, Shiba Inu prices have jumped by more than 5%, showcasing a robust price action that stands out amidst the generally bearish market sentiments. This price increase reflects investors’ confidence in SHIB’s future prospects, bolstered by the promise of the upcoming Oshiverse.
SHIB’s Milestone Achievement
Notwithstanding the broader market downturn, Shiba Inu (SHIB) has managed to carve out an impressive new milestone for itself. The crypto asset has reportedly reached an all-time high of 1.05 million unique addresses, indicating a swiftly expanding network and its growing popularity among crypto enthusiasts. Considering SHIB’s relatively short time in existence, this accomplishment underscores its significance as a noteworthy contender in the crypto space.
Shiba Inu Price Prediction: Will SHIB Price Explode?
If we look at figure 2 below, we can notice that Shiba Inu prices managed to break the ascending triangle higher. This is usually a strong bullish indicator. Technically, Shiba Inu should be able to continue to rise. The only hurdle would be a strong negative sentiment in the crypto market, which might still occur. This would erase all Shiba Inu gains.
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Source: https://cryptoticker.io/en/shiba-inu-price-prediction-shib-gears-up-for-the-metaverse/