Shiba Inu Can Now Be Used to Purchase Land in SHIB’s Metaverse: Details

SHIB

This, it says, was done based on community feedback

the The Shiba Inu Team announced that land can now be purchased with the Shiba Inu Token in SHIB: The Metaverse. This, he says, was done based on community feedback. He then shares details of the strike with SHIB in a tweet posted on the SHIB: The Metaverse official handle.

Shiba Inu developer Shytoshi Kusama seems quite happy with the latest development, saying “I’m so incredibly excited about Shib’s MV.”

The Shiba Inu Team previously announced details of a new SHIB utility in SHIB: The Metaverse. SHIB will be used to add images and logos to terrains. When images are changed, the function will also burn SHIB.

SHIB can be used to name or rename land plots while also burning SHIB each time, giving the environment a SHIB identity. SHIB will be utilized to lease HUBS as well. The most valuable lands (blocked/reserved places) in the entire space are HUBS.

He said SHIB burning and renaming will be available during the public sale phase and the community will be notified when the feature becomes available.

Shiba Inu recently announced the commencement of the third stage of the SHIB: The Metaverse land sale, which is a public sale event. This marks the last stage of the introductory phase of land sales in the Metaverse. Everyone will be able to acquire the remaining accessible lands on the map at a preset price during the open public sale event, without having to lock any of their ecosystem assets.

$1.2 billion SHIB held by big whales

Shiba Inu (SHIB) remains the top group among the top 500 ETH whales. These top wallets currently hold $1,200,401,137 worth of SHIB. Shiba Inu attracted over 4,000 owners in a matter of days as this number of measurements reflects growth. The total number of SHIB holders is currently 1,143,441, according to WhalesStats.

On April 28, U.Today reported the number of SHIB holders at 1,139,916. The recent increase remains a positive sign. Although an increase in holders may not have an immediate influence on the price, it may indicate long-term interest in a token.

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