Shiba Inu in the elevator
It is striking that Shiba Inu has risen by 2.69 percent in the past 24 hours and even by 10.07 percent in the last seven days. In total, SHIB has a market cap of USD 5.08 billion. However, at that market cap, the project is still quite far behind Dogecoin, which currently has a total market cap of $13.64 billion.
Dogecoin received a boost after Elon Musk announced this week that he wants to turn Twitter into a payment company, among other things. That caused a 9.17 percent increase in Dogecoin in the past 24 hours alone and a plus of 36.94 percent for the entire week. The battle between the memecoins will therefore continue in 2022 and both projects will remain alive in their own way.
Shiba Inu Metaverse
Also, the Shiba Inu team is currently developing a metaverse. The Immerse Global Summit will take place in Miami from December 5-7 and Marcie Jastrow of Shiba Inu will be there to talk about the metaverse. Jastrow is the head of Shiba Inu’s metaverse division.
That’s not the only thing Shiba Inu is up to. From now on it is also possible to book trips with Shiba Inu via Travala. If you use the SHIB to Travala to book a trip, you will receive a free $25 credit. At Travala it is possible to choose from more than 3 million hotels, flights and activities. This creates more and more fun possibilities with crypto.