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Shiba Inu (SHIB) Price Rallys 10% Owing to Major Updates

Shiba Inu (SHIB) prices rise nearly 10% as developer Shytoshi Kusama releases new information about Shiba Eternity, Shibarium, and the TREAT reward token. 

01-Nov-2022 By: Shikha Jha
Shiba Inu (SHIB) Pri

The Shiba Inu community is bracing for a major uptick 

as the Shiba Inu team aims to launch several features such as the Shibarium upgrade, Shiba Eternity Players Guide, and TREATs for Shib Army.

 As a result, the meme token SHIB price has risen by more than 10% in the previous 24 hours and more than 30% in the last week.

Shiba Inu revealed in a tweet on November 1 that the official Shiba Eternity Player's Guide will be available on November 2. The handbook is a gigantic 1000+ page booklet that contains information about SHIB's CCG game, original narrative, and stunning art.

“The official and unique Shiba Eternity Players Guide will be released on November 2nd, on Dia de los Muertos. This gigantic 1000+ page booklet details Shib's CCG game, original lore, and beautiful art! ShibArmy, stay tuned!”

Furthermore, Shiba Inu main developer Shytoshi Kusama revealed additional information on the Shiba Eternity guide with the following tweet. He claims the book has hundreds of amusing cards, cutting-edge artwork, and a wealth of sci-fi information. He will explain all that is going on behind the scenes in his next blog. Furthermore, Shytoshi Kusama is now concentrating his efforts on Shibarium and TREAT for the Shiba Inu community.

Meanwhile, Shytoshi Kusama announced last week that Shibarium is coming soon and that he is working on something significant for Shiba Inu. The Shibarium update is expected to be released soon, as the team has already missed the Q3 2022 deadline. The impending TREAT reward token introduction was also hinted in recent tweets.

However, the community seemed to be more interested in the Shibarium upgrade. Many people predict that the SHIB price will skyrocket following the update because it reduces costs and speeds up transactions.

SHIB Price Starts Upside Movement

While the Shiba Inu team is currently working on next improvements, the community expects the SHIB price to rise now. In addition, some anticipate a Dogecoin-like rally in SHIB in the coming weeks. Elon Musk hinted today that Dogecoin would be coming to Twitter.

At the time of writing, the SHIB price is trading at $0.000012, up more than 10% in the last 24 hours. Furthermore, the SHIB low and high for the day are $0.00001201 and $0.00001326, respectively.

Read also: DOGECOIN PRICE ANALYSIS CMP- $0.14400: Bulls reloaded the weapon and ready to blast

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