Possibility for ShibaInu to Rally after Entering into Metaverse and NFT Spaces

As the second quarter of 2022 is coming to an end, the worst fears of cryptocurrency investors have been brought to life. The entire cryptocurrency industry has been going through a really harsh and cruel time. The situation of the entire cryptocurrency sector is in a huge crisis and it is still not able to find a recovery point.

With the entire cryptocurrency market going down, the investors are extremely content. They want to find better opportunities for investing their money and generating gains, without having to leave the cryptocurrency sector entirely.

Still, the situation for the cryptocurrency sector has failed to recover. Despite several attempts made by the investors, they were not able to form a bullish trend. Given the current circumstances, there wasn’t any clarity as to how the rest of the year would turn out.

How the Rest of the Year Would Turn Out to Be

While there is still uncertainty pertaining to the future of cryptocurrencies, the second half of 2022 would prove beneficial for ShibaInu (SHIB).

Many analysts and market observers with very keen sight are hoping to see ShibaInu become a huge asset in near future. As per the observers, ShibaInu may become one of the most adopted and highly traded cryptocurrencies in the second half of 2022.

ShibaInu Goes for Gaming

In the meme coin sector, you will come across numerous cryptocurrencies trying to find fame and glory. For Dogecoin and ShibaInu, that achievement has already been unlocked.

ShibaInu rose to extreme fame and witnessed huge adoption in the mid of 2021. However, from there, the ShibaInu has continued losing its ground.

ShibaInu hit its all-time high on October 28, 2021, when it rose up to $0.00008845. From the peak point until now, ShibaInu’s price has plummeted by 87.50%. If you look at the performance of ShibaInu in the past 24-hours, you will only be shocked to see its value has dipped by 5.84%.

ShibaInu Goes for Gaming

Now, the creators of ShibaInu are eager to promote and elevate ShibaInu’s price. For this purpose, it needs to ensure that ShibaInu is able to offer more than what it’s offering at the moment.

As per sources familiar with ShibaInu’s development, the teams behind the creation of the meme coin are planning to spread out its roots into other spaces.

It has been confirmed that ShibaInu will be rooting out other major spaces within the crypto-verse that include Metaverse and NFTs.

ShibaInu developers have confirmed that they are working on blockchain gaming where they will integrate SHIB as a digital currency. The users will have access to the gaming content as well as collectibles in the form of NFTs.

The analysts and market observers are also predicting that ShibaInu’s entry into the particular spaces will help revive its reputation. As SHIB steps into these sectors, its price may surge by 650%. This may help ShibaInu’s price grow up to its all-time high of $0.00008799.