BREAKING NEWS! has been acquired by VC firm Morningstar Ventures. Read more

$3,108.28 0.27%
ETH · 7w

Shiba Inu Whales Gobble Up Billions Worth of SHIB Following Announcement of New Gaming Partnership

Crypto whales are loading up on more Shiba Inu (SHIB) following news of the altcoin project’s potential expansion into the metaverse.

Whale-tracking platform WhaleStats reports that of the top 100 Ethereum wallets holding SHIB, the average balance increased by a whopping 42.7% to 2.523 billion in the past 24 hours alone.

The quick accumulation puts the average value of Shiba Inu sitting in each of these wallets at over $100 million at time of writing.

Source: WhaleStats

The massive accumulation comes in the wake of the Shiba Inu team announcing that the company has hired gaming industry veteran William Volk to help guide its foray into the metaverse.

We are proud to welcome @william_volk to Shiba Inu Games!#SHIBOSHIS #ShibaInuGames #ShibArmy #AAAGameStudio — Shib (@Shibtoken) November 26, 2021

Volk brings decades of video game experience to his new role, including having previously served as vice president of technology for industry leader Activision.

In a blog post by SHIB developer Shytoshi Kusama, he explains that while the overall project remains decentralized, Shiba Inu Games will utilize skilled contractors to create a product compatible with the Apple and Android operating systems.

“The only way to create a 7-figure game that is worthy of 1 million FriendShibs is to find a perfectly fitting AAA studio and build it with them. However, landing a great AAA game studio that has worked with the likes of Disney and Warner Bros. isn’t enough. To manage making a game, from concept to completion, requires dedication, experience, connections and wisdom that only a few people can provide.

I’m happy to announce that the consultant who will lead the charge for the Shiba Inu Games version of the Shiboshi game is none other than William David Volk. Will has seen the vision in full (and knows the AAA studio) so I’m actually excited to share his quote on working with on this unique pro...

Continue on
Recent News
ETH +0.27% · · 6h

ERC-20 tokens as dividends paying shares

I recently challenged myself to implement a dividend paying ERC20-token on Ethereum using solidity. I was working on a dapp that would also use the same ERC20-token for governance (more on that here)…
ETH +0.27% · · 21h

Solana's Many Red Flags

The best way to start and get scholarships. Learn and share information about education, career and life.
ETH +0.27% · · 23h

Blockchain and AI – The Future of Data Processing

We are already living in a world with many AI-enabled uses. Artificial Intelligence is anticipated to disrupt industries as a whole. We have cars designed completely by AI, many factories are complete...