The meme token of Shiba Inu (SHIB) is said to be putting up its general use cases within the cryptocurrency market for the digital asset to be deemed as enticing to would-be investors and extra brighter in the coming year.
Albeit volatility concerns, it may well seem that Shiba Inu is focused on getting that undoubtful look in 2022. Interestingly, it’s still a few weeks away before the new year sets in, but it may well seem that SHIB is to be holding 2022 on a silver platter, Coinquora writes.
Shiba Inu to look good
Most traders are lured into specific crypto-based on its use cases, the meme coin’s latest game plan could likely usher in a stride of positive development to acquire user-based and long-term traction. It’s worth noting, however, that SHIB’s price took a bit of a dip recently due to it being sold and being taxed steeply. Nonetheless, SHIB proponents are still hopeful that it will make a comeback come 2022.
The project that began both as speculation and a joke, Shiba Inu has grown to become a much talked about topic within the cryptocurrency landscape. In line with this, numerous cryptocurrency exchanges have enlisted SHIB on their respective platforms, not to mention that some of the online payment services have started accepting payments using the meme coin.
One of the well-known publicly traded companies to accept Shiba Inu is AMC Entertainment.
For the uninitiated, AMC CEO Adam Aron tweeted a poll back in October asking users as to whether the company should accept SHIB. The survey saw 87.6 percent of the respondents were okay with such an idea.
A few weeks following the poll, the CEO revealed through a tweet that their engineers are working to infuse Shiba Inu as a form of payment within a period of 60 to 120 days.
Moreover, aside from putting up its use cases, SHIB is as of late-developing its metaverse dubbed Oshiverse. Ryoshi – SHIB’s co-founder said that they’re working on numerous aspects of Shiba Inu which include Shibanet, The Decentralized Shiboshi Game, Incubator, Shibarium, Shi, and others that won’t come to fruition until the near future.