Big Updates Pushes Shiba Inu (SHIB) Price To Rally 10%

The Shiba Inu community prepares for a massive upside rally as the Shiba Inu team plans to introduce several features including the Shibarium update, Shiba Eternity Players Guide, and TREATs for Shib Army. As a result, the meme token SHIB price soared over 10% in the last 24 hours and over 30% in a week.

Shiba Inu Awaits Massive Price Momentum

Shiba Inu in a tweet on November 1 announced that the official Shiba Eternity Player’s Guide will be released on November 2. The guide is a massive 1000+ page booklet that details SHIB’s CCG game, original lore, and incredible art.

“The official & exclusive Shiba Eternity Players Guide will be released on November 2nd, on Día de los Muertos. This massive 1000+ page booklet details Shib’s CCG game, original lore, and incredible art! Stay tuned ShibArmy!”

Moreover, Shiba Inu lead developer Shytoshi Kusama in the following tweet shared other details on the Shiba Eternity guide. He said the guide has “hundreds of hilarious cards, cutting-edge artwork, and a deep sci-fi lore.” He will explain all developments happening behind the scenes in his next blog. Moreover, Shytoshi Kusama is now focusing on Shibarium and TREAT for the Shiba Inu community.

Meanwhile, Shytoshi Kusama last week revealed that Shibarium is coming soon and he is working on something big for Shiba Inu. The community expects the release of the Shibarium update as the team already missed the Q3 2022 deadline. The recent tweets also revealed the upcoming TREAT reward token launch.

However, the community seems to ask more about the Shibarium update. Many believe the SHIB price will increase massively after the update as it reduces costs and increases transaction speed.

SHIB Price Starts Upside Movement

While the Shiba Inu team currently unfolds upcoming updates, the community expects the SHIB price gearing for upside movement now. Also, some expect SHIB to show a Dogecoin-like rally in the upcoming weeks. Elon Musk today hinted Dogecoin coming to Twitter.

At the time of writing, the SHIB price is trading at $0.000012, up over 10% in the last 24 hours. Moreover, the 24-hour low and high for SHIB are $0.00001201 and $0.00001326, respectively.

Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his knowledge about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been associated with the blockchain and cryptocurrency industry for a substantial period and is currently covering all the latest updates and developments in the crypto industry.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Source: https://coingape.com/big-updates-pushes-shiba-inu-shib-price-to-rally-10/