Shiba Inu: Massive upgrade for Shiba Eternity and SHIBARIUM – Will SHIB explode to $1?

  • The ShibaEternity Players Guide is out, bringing the dream of a more diverse and exciting Shiba Inu ecosystem closer to reality.
  • Shiba Inu token will integrate with the Eternity Game to allow the burning of tokens.

Today, the Shiba Inu team announced the release date of The ShibaEternity Players Guide once again awakening the enthusiasm of millions of adherents after months of lackluster trading activity.

According to an announcement from Shiba Inu’s verified Twitter page, “the official & exclusive ShibaEternity Players Guide will be released November 2nd, on Día de los Muertos/Halloween.” Commenting after the reveal, Shytoshi Kusama-Shiba Inus lead developer noted that the guide, which is a massive 1000+ page booklet will cover “hundreds of hilarious cards, cutting edge artwork and a deep sci-fi role”.

The announcement comes after the developers announced the global rollout of its Shiba Eternity game in early October. This has been one of the most anticipated games for Shiba users since it pivots Shiba Inu towards generating real-world utility as highlighted in their roadmap.

Moreover, apart from integrating the ShIB token, the game will feature a token burn mechanism. Kusama recently confirmed this through a tweet noting that Shibeternity will be powerful and great for Shib holders. Burning entails sending SHIB tokens to a dead address to reduce the circulating supply. This in turn creates demand because of scarcity which is theoretically good for that token’s price. Although the number of SHIB coins in circulation is still overwhelming, the introduction of various burn mechanisms has seen the rate of burning shoot up sometimes as high as 1500 percent. Today, over $410 trillion coins out of the 999 trillion SHIB tokens have been burnt.

Following the announcement, Kusama also noted that he would explain what’s happening behind the scenes and why his focus “now turns to Shibarium and other TREATs for the ShibArmy.” On Saturday, the developer hinted at Shibarium, a layer-2 scaling solution for Shiba Inu launching “soon”. The blockchain, which aims at bringing more capabilities to the Shib ecosystem will reportedly replace and host all existing and future projects as well as tokens on the existing network. While the Shiba team is yet to share an exact date for the Shibarium launch, the layer-2 solution is expected to debut sometime before the year ends.

Meanwhile, despite the announcement stoking the ecosystem’s adherents, it did not appear to have a meaningful impact on SHIB’s price action. At the moment, SHIB has largely been surging on the back of its main competitor Doge.

As of press time, SHIB was trading at $0.00001287 after a 5.20 percent increase in the past day.  However, the upcoming developments are expected to propel the entire Shiba Inu ecosystem into the future, pushing Shiba Inu’s price out of the woods. Moreover, the number of SHIB holders continues to rise with 2,220,942 SHIB holders coming on board so far according to data from CryptEye.