SHIB Sets Course For Meme Metaverse As LEASH Token Surges 48%

SHIB sets course for a meme coin metaverse after the team behind the project announced a new metaverse project as we can see further in today’s latest altcoin news.

The investors in the new metaverse space will be able to buy virtual land using LEASH token which is another token issued by the same team. The world of meme coins is entering the metaverse and the team behind Shiba Inu which is an ETH-based token, has little utility but it Is the 13^th biggest crypto with a market cap of $18.4 billion which was announced the virtual land project.

New Blog: A METAVERSE Story that begins… with an update!

🏡 Introducing Lands, a queue system, and more!
🦮 $LEASH holders will be the first to gain access to Shiba Inu Metaverse Lands.

Read more… https://t.co/S758ClAbRC

— Shib (@Shibtoken) February 8, 2022

The developers said they will lead the Metaverse sector and will soon release Shiba Lands for auction. The metaverse refers to shared virtual worlds that people can interact with as 3D avatars. Those that want to get involved before the launch of the meme coin metaverse can simply buy and hold LEASH which is another token created by the developers of Shiba Inu. The blog post reads:

“Overall, our focus is not only to disrupt the Metaverse industry but many industries in and outside the crypto world. Therefore we are early, but most importantly, our Metaverse serves as the anchor in our sustainable ecosystem, as we add even more utility, projects, and benefits for our beloved ShibArmy, the best crypto community out there.”

All of the interested investors will be granted a place in the lien for the Shiba metaverse by holding the Doge Killer token. They can also snap up virtual land using LEASH tokens when it goes on sale. The LEAS token price is up by 48% in the past day and trades for $1750 as per the data on CoinMarketCap. SHIB is also up by 10.75% and trades at $0.00003353 per token.

SHIB sets a course for meme metaverse while the meme tokens are cryptocurrencies based on an internet joke called a meme. There’s a huge pool of them and they are more volatile than other cryptocurrneices such as BTC or ETH. Shiba Inu Exploded in popularity a year ago when it burst onto the crypto scene to compete with DOGE as the biggest meme coin by market cap. The critics of DOGE and SHIB said that the coins have no inherent value but proponents say that these coins can even be used for payments. Both meme coins became popular as internet communities and celebrities like Elon Musk promote them online and caused their value to soar.