following Shiba Inu's (SHIB) announcement of plans to lower the overall amount in circulation.
Shiba Eternity, the team's most recent game release, will receive more updates from SHIB creators on Thursday. The blockchain-based card game was introduced by the Shiba Inu team on September 17 in Australia. The SHIB community is now waiting for new information on the game's expansion strategies.
The developers plan to provide further information on Shiba Eternity and the burning mechanism on Thursday, amid intense anticipation. An event is scheduled for later on Thursday to make additional announcements in this regard. The Shiba Eternity project will be the topic of a community update Twitter Spaces event. The specifics of the news were made public on the SHIB official Twitter account. William Volk, a gaming expert, and Shytoshi Kusama, the memecoin's pseudonymous founder and primary developer, will present the update.
In the meantime, for the past month, the price of $SHIB has been declining. In fact, SHIB is currently quite close to where it was three months ago. Memecoin's price is currently $0.00001062, up 2.72% over the past 24 hours, according to price monitoring service CoinGabbar.
Shibarium, a layer-2 blockchain network, is another project being developed by the SHIB developers. Users and developers can create applications for the blockchain ecosystem with the aid of the Shibarum tool. The Ethereum network, which enables the creation of decentralised applications, would be comparable to this. For the shiba inu coin and the community, the tool will serve as the premium layer-2. According to the Shibarium project, quick, low-cost transactions for gaming are possible.