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The Shiba Inu ecosystem is on the verge of another historic milestone with the announcement of the upcoming release of the Rocket Pond trailer metaverse. Moreover, the long-anticipated release will show the Shib-The Metaverse virtual world to the Shiba Inu community.

The Wait Is Over

Since the initial unveiling of its black-and-white sketch on September 13, 2022, the imminent release of Rocket Pond has attracted heightened excitement among devoted Shib enthusiasts. The excitement reached new heights when, just two days later, on the 15th of the same month, the vibrant colored design of Rocket Pond was finally disclosed, granting users a captivating preview of the metaverse’s immersive visual allure.

Furthermore, the network’s official blog post depicts Rocket Pond as a charming haven hidden amidst majestic mountains, seamlessly blending the yearning ambiance of a YMCA or KOA camping experience with the appeal of modern tourist attractions. This unique fusion promises visitors an unforgettable and captivating retreat unlike anything they have encountered in other metaverse platforms.

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As anticipated, the trailer is poised to unveil the awe-inspiring design and enthralling narrative of Rocket Pond, capturing the hearts and imaginations of viewers. The SHIB metaverse offers a truly immersive experience that transports users into unparalleled uniqueness and wonder.

Meanwhile, the Rocket Pond metaverse draws inspiration from several breathtaking locations like Cape Canaveral, Lake Tahoe, Glenwood Caverns Adventure Park, the Monument to the Conquerors of Space, and Heavenly Village. The new development coincides with positive advancements for SHIB, Shiba Inu’s native token.

At the time of writing, there has been a drop of about 3.4% in the price of SHIB within the past 24 hours, indicating that the excitement and passion within the vibrant SHIB community known as the SHIBARMY hasn’t yet reflected on the meme coin’s price.

SHIB’s Number Of Whales Dips

Meanwhile, Shiba Inu is seeing a gradual drop in its foundational support, evident in the dwindling number of SHIB billionaire holders. Recent data reveals a rapid decline within these largescale token holders, signaling a significant contraction.

Current on-chain data indicate that a mere 0.7% of SHIB holders can still claim billionaire status within the Shiba Inu ecosystem. The increasing decline in the percentage of SHIB whale holders indicates that profit-taking has emerged as a prevailing trend in the SHIB market, similar to the broader crypto industry.

Curiously, amid the decline in the percentage of largescale SHIB holders, more insights have emerged regarding metrics such as the net flow of large holders. Notably, the seven-day change in large holders’ netflow reveals a massive surge of +1,024.86%, a usual indication of heightened buying pressure.

However, market observers warn that these percentages could be misleading. While the percentage changes appear substantial, the actual volume increase in SHIB is relatively modest.

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George Ward

By George Ward

George Ward is a crypto journalist and market analyst at Herald Sheets, known for his engaging articles on the latest digital currency trends. With a background in finance and journalism, he presents complex topics accessibly. George holds a degree in Business and Finance from the University of Cambridge.