Shiba Inu Price Prediction: SHIB Dips Over 4% – Where’s the Next Buying Level?

Second largest meme coin Shiba Inu (SHIB) is currently trading at $0.000027 with a substantial 24-hour trading volume of $670 million. While recent developments fuel optimistic Shiba Inu price predictions, technical indicators suggest a contrasting outlook.

Lucie, Shibarium’s marketing lead, has rolled out updates for Shiba Eternity, aiming to enhance gameplay and community engagement.

Following its debut, Shiba Eternity’s blockchain version has evolved, now featuring enriched kibbles, Shiboshis, new cards, and a breeding system.

#ShibaEternity First internal build is out!

Performance improvements a plenty and fixed multiple card interactions such as princess andromeda not working as expected and Stealth fighters stunning the whole game for a second or two. #DownloadShibaEternity #Shiboshis #SHEboshis pic.twitter.com/Txb23VVo1q

— mazrael.shib (@_Mazrael_) April 8, 2024

These improvements pave the way for Shiba Eternity’s shift to a play-to-earn model, promising Treats for SHIB by holding Shiboshis.

• Key Upgrades: Enhancements to kibbles and Shiboshis, addition of new cards, and a breeding system to elevate the game’s dynamics.
• Strategic Advancements: The upgrades are part of Shibarium’s plan to transition Shiba Eternity towards a play-to-earn model, offering Treats for SHIB by holding Shiboshis.

Kibbles, introduced as in-game currency, facilitate the purchase of items, with part of the proceeds earmarked for SHIB token buyback and burn, potentially affecting its market value.

In market news, a whale wallet’s acquisition of 692.4 billion Shiba Inu tokens from Crypto.com, worth over $19.26 million, has stirred the community, possibly indicating a bullish trend or an internal transfer.