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The market of cryptocurrency has undergone some unpleasant weeks following the majority of coins witnessed reds, and some of them even got decreased than their monthly lows. After reaching $0.000088 (the all-time high thereof), Shiba Inu has been moving gradually downwards and has been unsuccessful in regaining its position before only a month. The reputation of the meme coin (Shiba Inu) is presently the focal point in dealing with its capability to recover because several crypto investors are of the view that there are fewer chances for it to survive after the bullish phase thereof. The latest advancements in the token’s operations signify that the long-term trajectory thereof may only be taking form.

As per the reports, the respective token will be collaborating with Activision Studios’ former VP to develop a game regarding Shiba Inu. Shytoshi Kusama (Shiba Inu’s Project Lead) announced the collaboration on Twitter however concealed the name of Volk. In another tweet, the name of Volk has been revealed by Kusama with mentioning that he would straightly be operating game studio “AAA.” Kusama appreciated the coin’s founder as well as the community of Shiba Inu. While talking about the reports, Kusama disclosed that initially the game will be launched on the behalf of Shiba Inu without featuring a blockchain.

The game’s blockchain-based version will nevertheless be constructed by it with the decentralized network’s utilization. The respective project, during the later phase of the current year, will include metaverse operability nonetheless will implement a method distinct from that of Facebook. William Volk has a remarkable history in the industry of video games with having experience of more than 36 years beginning in 1980 from Avalon Hill. Volk created as well as co-designed iWack (considered among the most prominent games that have been introduced over the App store.

The recent news from the side of Shiba Inu has been praised by several experts of the market to assist in the rise of blockchain gaming this year. Unique Active Wallets (counting up to 1.2M) were connected to blockchain games daily just during October this year. Axie Infinity has additionally acquired the latest highs in 2021 with up to $3B value in AXS is presently staked in the staking contracts of AXS. The community of SHIB is, in addition, comparatively bigger than other tokens including ALICE, ENJ, MANA, and SAND, witnessing an upsurge in the valuation thereof following the progress in its metaverse initiative.

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Nathan Ferguson

By Nathan Ferguson

Nathan Ferguson is a talented crypto analyst and writer at Herald Sheets, dedicated to delivering comprehensive news and insights on the ever-evolving digital currency landscape. With a strong background in finance and technology, Nathan's expertise shines through in his well-researched articles and thought-provoking analysis. He holds a degree in Economics from the University of Chicago, and his passion for cryptocurrency drives him to stay up-to-date with the latest industry trends and developments.