Shiba Inu might have hit a few snags in the past couple of days, but it looks like things have finally started to look up. Just recently, PlayStation, unarguably one of the biggest video gaming brands in the whole world, announced a new update that includes Shiba Inu. Considering how big this company is, you already know that it's going to be huge for Shiba Inu.
So to find out what this update is, and just how much of an impact it could have on Shiba Inu, make sure to keep reading this post.
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Shiba Inu's Latest Updates
Before we get to the main news, a few quick and interesting updates. First off, Gate.io, a leading crypto trading platform, has finally listed Bone Token as a pairing with USDT.
The trading pair is live already, which means that Gate.io's more than 10 million registered users now have access to the official token of the soon-to-be-launched Shibarium platform. More than 10 million users is a really wide pool, and Bone would definitely benefit from that exposure. Already, people are trying to figure out just how much benefit Bone can get from being listed on a platform as big as Gate.io. Shortly after it was announced that the platform would be listing Bone, Bone crossed the $2 threshold.
So, analysts are starting to wonder whether Bone would continue to pump, even pushing past the $3 threshold now that the listing has happened. The analysis says that Bone can hit $3 before the end of March. After all, the token doubled its price in just 30 days, and it did that two different times.
Now, one more thing before we get into the main news, Shiba Inu is now the fourth most googled crypto in the United States. This update was posted by CryptoMeister, a digital asset education resource. Based on Google searches, the study identified the top five cryptocurrencies that each state in America wants to invest in.
Shiba Inu was the third most searched term in West Virginia and Maryland in addition to coming in fourth nationwide. In addition to the CryptoMeister survey, earlier analysis from the personal finance website Dollar Geek showed that Shiba Inu was the second most searched cryptocurrency in the U.S. in 2022, just after Bitcoin. Americans searched for Shiba Inu 1.29 million times every month on average, the report found. Moreover, the asset came in third place internationally after Bitcoin and Doge.
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Playstation and Shiba Inu
Now to the main news. So, PlayStation, one of the biggest video gaming brands in the world, recently launched a new game that it is calling Humanity. What's interesting about this is that in announcing the launch of this game, they mentioned Shiba Inu.
Here's what was written, play as a Shiba Inu, guide crowds through trials, unlock new powers, tank on massive battles, build custom stages, and PSVR2 support. Upcoming puzzler Humanity just got even more intriguing. New details including news on today's demo.
In the video game Humanity, the player assumes the character of a Shiba Inu who awakens in a society where people no longer possess a soul, brain, or will. In order to reach the Pillars of Light, the player must lead lost souls through difficult situations while avoiding conflict with others. In the game, commands are sent to the followers via woofs who obediently follow.
The trials are a sequence of challenging hurdles and puzzles that frequently call for both quick thinking and quick reflexes. Once the launch announcement was made, many Shib holders were really excited, believing that there was some kind of Shiba Inu X PlayStation coming. In fact, members of the Shiba Inu community went as far as tagging the official Twitter handles for Shiba Inu, Bone, and Shytoshi Kusama under the PlayStation tweet.
So, it seemed like there were people who thought that PlayStation was announcing some kind of deal with Shiba Inu. However, if you pay attention to the tweet, I think it is pretty obvious that the Shiba Inu being referred to there is not the Shiba Inu Crypto Project, but the dog. Back to PlayStation, even though PlayStation wasn't referring to Shiba Inu specifically, we all know how the crypto market behaves when something gets popular.
The very fact that Shiba Inu has been mentioned, even though it is not the token, could mean that the price of SHIB would pump once the new PlayStation game gets popular. In fact, not too long after the announcement was made on Twitter, both Bone and SHIB saw some upward price movements, and some people think that the movements might be due to the announcement. If this is true, it would mean that we can expect to see even more movements the more popular the game gets.
After all, Shiba Inu seems to be a part of the game's world. So, there would probably be more mentions of it which could positively affect SHIB's price, even though the token is not what is being referred to.
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Binance and Shiba Inu
Moving on from that, Binance has shown once again that it believes in the SHIB token. We all know that both the Binance platform and the Binance.us platform listed SHIB a while back. But just recently, Binance.us took things to a whole new level, showing full support for SHIB. Basically, the SHIB-USD pairing is now live, after Binance.us decided to put an end to the pairing that featured the SHIB proxy Kilo Shiba Inu, or KSHIB.
Binance.us made the announcement on Twitter, writing that, Trading is now available for SHIB-USD on Binance.us. Shiba Inus is the medium of exchange within the ecosystem, which includes ShibaSwap, a DeFi platform that features liquidity pools, token swaps, NFTs, voting rights within the DAO, and more. As a result of this update, experts believe that SHIB could experience some significant price pumps. After all, this is Binance that we are talking about here, the biggest crypto exchange platform in the world.
The listing of this pair could see SHIB getting a lot more activity, which could have a significant impact on its price. But I want to hear what you think. Should we expect something big from this listing? Please share your thoughts in the comments section below.
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Shibarium is Close
Now, for one last piece of news before we call it a day here. Shibarium is close. I'm not about to announce a launch date because nothing has been said yet.
However, as you probably recall, Shytoshi mentioned that Shibarium will be launched after all the Shibarium blogs in the published. The series is supposed to feature 5 or 6 blogs, and 2 have been published already. So, I guess it is safe to say that Shibarium is close.
As a result, it would be the right thing to do to start preparing for the launch. Whatever it is that you plan to create on Shibarium, now would be the right time to figure things out and how they would work before Shibarium actually gets launched. If you do this, you won't be the only one.
Many crypto brands have already begun to show their support for Shibarium, with some of them expressing their desire to work with Shibarium when it is launched. One of such platforms is NowNodes, a leading blockchain and infrastructure service provider. It announced on Tuesday that it will be providing support for Shibarium, which will make it one of the first node providers for the platform.
Its Twitter announcement reads, "As Shibarium is coming sometime later this year, our engineers are preparing for Shibarium release. NowNodes will provide shared and dedicated access to SHIB's Shibarium blockchain". CoinRabbit is another crypto platform that has announced its support for Shibarium.
It announced on Twitter that its team has been waiting for the launch of Shibarium. Its Twitter announcement reads, Our team is waiting for the Shibarium launch just like the whole SHIB army. We are going to support Shibarium at CoinRabbit.
They also mentioned a while back that they will be listing Boon. Aside from those two, projects like Falcon 9, UFO Gaming, Moonbet, and Voxel X have announced that they will be building their project on the Shibarium network when it is launched. So, are you doing anything to prepare for the launch of Shibarium? Please share with us in the comments section below.
Potential Surge in Shiba Coin Value
Let's get this news out there. Potential surge in SHIB's value, adding an extra layer of intrigue to its future trajectory.
At present, Shiba Inu is trading at $0.00001921, reflecting a modest downturn in its daily and weekly performance. However, taking a step back unveils a more positive outlook, with SHIB experiencing a significant 21.64% increase over the past month. This upward trajectory underscores Shiba Inu's evolution beyond its meme-centric origins, hinting at broader utility and appeal.
Crazy News, Telegaion, a notable forecasting entity, has recognized the transformative potential inherent in Shiba Inu. They envision SHIB transcending its status as a memecoin and foresee its integration into payment systems. This is alongside potential listings on mainstream exchanges.
Such developments hold the promise of enhancing SHIB's credibility and adoption, laying the groundwork for sustained growth in the long term.
Will Shiba Hits 5 cents
From 2024 to 2040, they anticipate SHIB reaching a peak price of 89 cents, representing a substantial surge from its current valuation. However, the most captivating aspect of their prediction lies in the tantalizing possibility of Shiba Inu achieving the coveted 5-cent milestone by 2040. While these forecasts may excite SHIB holders and cryptocurrency enthusiasts, it's imperative to approach them with caution.
Predictions in the cryptocurrency realm are inherently speculative. They are influenced by various factors such as market sentiment, regulatory shifts, and technological advancements. The path to 5 cents for Shiba Inu is fraught with uncertainty, demanding resilience and determination to overcome significant obstacles.
While the attainment of the 5-cent milestone by 2040 remains uncertain, one thing is undeniable, the journey ahead promises to be filled with excitement and unpredictability.