The Shiba Inu is now less expensive. exactly like the rest of the cryptocurrencies, has decreased recently. Shytoshi Kusama, the company’s creator, promised a tweet about an important initiative, but nothing came of it.
The first blockchain-related game, Shiba Eternity, has been under development for several months. This one appears to have a system that limits the supply of tokens in use, increasing their value:
“There will be token burning during gameplay. As soon as the blockchain version is released, more details will follow as to why #ShibaEternity is powerful, empowering, and awesome for shib, shiboshi, and shibarium holders. …”.
The creator and lead developer made a suggestion that all freshly established platforms include an automated mechanism to burn tokens as early as last year.
Since a test phase of Shiba Eternity was already launched last week in Australia, the actual launch should not be delayed any further.
Shiba Inu Technical Course Marks SHIB/USD already surpassed the resistance on Sunday at the $0.00001124 61.8% Fibo retracement. The closing price for today below this critical level foretells additional losses and a potential test of the psychological threshold of $0.00001000.
The 78.6% Fibo retracement at $0.00000944 serves as further support for this level.
A rally towards the 50% Fibo retracement at $0.00001251 can only begin if the bulls are able to retake the 61.8% Fibo retracement.