Shiba Inu recently announced that it would be partnering with The Third Floor, a visualization business that has been working closely with Marvel for a long time.
The Third Floor will create virtual locations, buildings, and landmarks for Shiba Inu’s metaverse using visual development techniques. Under certain circumstances, industry analysts have forecasted a 40 percent increase in the price of Shiba Inu puppies.
The highly anticipated SHIB.io metaverse will be designed and developed by Shiba Inu in collaboration with a top-tier visualization firm, as was recently stated by the company. The Third Floor is well-known in the industry for its work on films and television series that are part of the Marvel Cinematic Universe. Analysts have forecasted a rise in the price of Shiba Inu in light of recent events and the rebound in the value of the meme currency.
How SHIB holders will benefit from the new partnership with Shiba Inu
Holders of SHIB have been waiting for the debut of the Metaverse Project, which is known as SHIB.io, ever since it was announced. Generally speaking, fresh releases and advances in the Shiba Inu ecosystem favorably influence the demand for the meme currency across exchanges, which in turn drives up the price of the coin in the near term.
As a result, it is anticipated that the newly formed cooperation with the long-term collaborator of the Marvel Cinematic Universe would provide the Shib.io metaverse with visuals, designs, and development of the highest caliber. TTF is one of the significant visualization companies. It has worked on Hollywood projects and tales of varying lengths with some of the most acclaimed directors and designers in the industry.
The Third Floor will focus on visual development and narrative to assist in defining and developing virtual settings, buildings, and monuments inside the world inspired by the Shiba Inu, as well as a marketplace to guide the manufacture of the final environment.
In the Shib.io metaverse, the ideas generated through TTF’s fast prototyping, real-time processing, and creative iteration will be transformed from conceptions into actualities.
The Shiba Inu fire is getting worse, and 2 million SHIB have been consumed in a single transaction.
According to the data obtained from the Shibburn webpage, eight transactions totaling 18.99 million Shiba Inu tokens have been burned during the last twenty-four hours. Too far, a total of 410.37 trillion Shiba Inu tokens have been “burnt,” which indicates that they have been irretrievably lost after being delivered to a wallet that has since been inaccessible.
In the previous week, one billion Shib tokens were destroyed, removing them from circulation and transferring them to dead wallets. The decrease in the total number of currently in circulation tokens affected the value of the tokens that Shib-Army members still hold. It is anticipated that continued burning would, in the long run, result in a rise in the value of SHIB owned by the community even as the available supply becomes more limited.
Under these particular circumstances, the price of Shiba Inu might increase by up to 40 percent.
The price movement of Shiba Inu was analyzed by analysts at FXStreet, who discovered significant signs and measures that have the potential to drive the value of the meme coin forty percent higher. The cryptocurrency that can destroy Dogecoin has bullish potential and is on the verge of breaking out.