Epic Prediction From Analyst: This Development Could Send SHIB To The Moon!

Epic Prediction From Analyst: This Development Could Send SHIB To The Moon!

 

The SHIB Metaverse team has released concept art in collaboration with visualization studio The Third Floor . In line with this, the Shiba Inu has finally revealed the land in the metaverse: Rocket Pond. This news became the focus of attention for SHIB holders. Meanwhile, a crypto analyst says the Shiba Inu price will continue its uptrend.


Why is the Shiba Inu's metaverse an ascension catalyst for SHIB?

As you follow on Cryptoify.news, Ethereum Merge has been successfully implemented. After that, the crypto ecosystem struggles to reclaim its market cap. Popular meme coin Shiba Inu is also looking for a way to make up for its losses. It was in this environment that SHIB The Metaverse announced the launch of the digital terrain. In this context, he published his new artworks in his latest posts.


The crypto ecosystem has witnessed several bullish catalysts over the past week. The successful completion of Ethereum Merge helped the crypto market capitalization recover. Meme coins like Shiba Inu and Dogecoin are ready to make up for their losses. Shiba Inu has released artwork from SHIB The Metaverse in collaboration with visualization studio The Third Floor. The Shib metaverse arm posted images of Rocket Pond, a poolside area in the middle of the mountains with adventure sports, hot air ballooning and outdoor activities.


Why is the Shiba Inu's metaverse an ascension catalyst for SHIB?


The developers team and visualization studio constantly shared updates on Twitter. Accordingly, from revealing a secret resort to releasing photos of Rocket Pond, SHIB holders have been greeted with anticipation and mystery surrounding the metaverse.

The design, inspiration and concept behind Rocket Pond came from landmarks in the US and Russia such as Cape Canaveral (Florida), Space Conquerors Memorial (Moscow), Lake Tahoe, Glenwood Caverns Adventure Park (Colorado) and Heavenly. The Shiba Inu community awaits the launch of the metaverse, which is considered a bullish catalyst for the SHIB price. The Shibarium and Shiba Inu metaverse are two events likely to fuel a rally at SHIB.

Epic Prediction From Analyst: This Development Could Send SHIB To The Moon!

Shiba Inu price ready to climb to $0.000012 level

Meanwhile, Michael Grullon, a crypto analyst, shared his September forecast for the SHIB price. Grullon says the Shiba Inu is ready to climb the $0.00001200 level. On the downside, however, it also sees SHIB drop to $0.00000976 July 2022 low.


SHIB is likely to climb above $0.00001219, possibly towards $0.00001225. Also, the release of the Shibarium or Shiba Inu metaverse could fuel a rally in SHIB. It is also possible that this could push the price beyond the $0.00001225 level.

Source: FXSTREET


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