The post Shiba Inu Bets on Metaverse to Revive “Doge Killer” Status appeared on BitcoinEthereumNews.com.

Shiba Inu’s upcoming metaverse developments could redefine its role in Web3. The Shib Operating System (Shib OS) aims to bring flexibility, privacy, and interoperability to SHIB’s ecosystem. SHIB price has broken out of a Falling Wedge pattern, hinting at a potential 422% rally. Shiba Inu is evolving past its meme coin roots, when its lead developer Shytoshi Kusama announced that SHIB declared independence a year ago and has been working to become a self-sustaining network state. Going beyond just the metaverse, the upcoming launch of the Shib Operating System (Shib OS) aims to turn the project into a decentralized powerhouse with stronger privacy, better interoperability, and more flexibility. Kusama hinted at major announcements, including a bigger SHIB Metaverse, coming soon, though he kept the details under wraps. But he did point out on the long game; not just quick wins, as Shiba Inu’s longevity for the next 100 years. The metaverse expansion is expected to be crucial for this, bringing in cutting-edge tech into the ecosystem. Related: Whale Shifts $7.3 Million in SHIB and AVAX from Binance, Triggering Trader Watch SHIB’s Price Set for a Massive Breakout? While the excitement builds, from a technical chart view, SHIB looks ready for a potentially explosive price move. The so-called DOGE killer has recently broken out of a large “falling wedge” pattern.  This is historically a sign of a bullish rally, possibly pushing prices up by over 422%. If this happens, SHIB could smash its all-time high of $0.00008841 and go even higher. This bullish outlook fits the project’s expanding use cases. The mix of a strong community, a promising metaverse, and a bullish chart setup might be just what SHIB needs to take off again. Related: SEC Memo: Hester Peirce Explores Meme Coin Regulation Limits With big news expected soon, Shiba Inu’s…

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Filed under: News - @ February 17, 2025 10:19 am