Shiba Inu Looks To Assert Dominance With Metaverse Plans, But Is It Enough For SHIB To Survive 2022?

zycryptoОпубліковано о 2022-03-14Востаннє оновлено о 2022-04-07

Анотація

After putting up a spirited price performance for much of last year, meme coin Shiba Inu (SHIB) has been slipping down the ranks in the crypto market.

After putting up a spirited price performance for much of last year, meme coin Shiba Inu (SHIB) has been slipping down the ranks in the crypto market. While 2022 has been slow for the meme coin, several indicators point to SHIB gaining traction and surviving another year.

SHIB bullish indicators in 2022

SHIB is currently trading at $0.000022, up 1.40% in the last 24 hours. Year-to-date, the ‘Dogecoin killer’ is down -32.3%. It is also down -74.2% from its all-time high price of $0.0000877 reached in October.

Paramount among factors keeping investor sentiment up is the ecosystem’s massive metaverse plans. The SHIBArmy has welcomed several developments around the SHIB virtual world already. Last month, an exclusive land sale was held using LEASH tokens, with a public sale expected soon.

“…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,” SHIB developers noted in an update at the time.

In a recent update, the developers of the meme coin implored community members to keep their LEASH tokens ready for more exclusive perks in the Shiba Inu ecosystem.

Another bullish factor is the heightened whale accumulation. A whale accumulation trend that began last year has continued to persist. Per data from WhaleStats, having briefly fallen below LINK as the most traded among the top 1000 Ethereum wallets, the meme coin was back at the top of the chart.

WhaleStats also reports a 178.87% increase in the amount of SHIB held by the top 100 Ether whales despite the price drop.

Similarly, the volume traded and active addresses have grown by 880% and 18.18% respectively over the last 24 hours. The token has also seen a 115.98% increase in token burn rate in the last 24hrs with 13,287,945 $SHIB extinguished from its circulating supply.

Where will SHIB land this year?

While SHIB does not seem to be in heavy contention with Dogecoin like it used to, predictions for the price of SHIB are still bullish. Market analysis tool CoinPriceForecast, predicts the price of SHIB to increase around 157% to $0.000077 by early 2023.

Meanwhile, Market Realist, a financial media outlet expects the meme coin to have added 350% in value by the year 2026.

Пов'язані матеріали

The Value Distribution of Stablecoins

**Summary: The Value Distribution of Stablecoins** The article argues that stablecoins are evolving from mere trading tools into broader channels for dollar access. It divides the stablecoin ecosystem into four layers to analyze how value is distributed: 1. **Issuance Layer:** Mints stablecoins, holds reserve assets, and captures the spread between reserve yield and user costs (e.g., Tether, Circle). This layer currently earns the largest profit margin. 2. **Infrastructure Layer:** Connects stablecoins to the traditional financial system, handling fiat on/off-ramps, banking integration, compliance (KYC/AML), and asset management (e.g., Bridge, BVNK). This is the "unglamorous" but critical work, building the essential bridges between crypto and real-world finance. 3. **Acquiring/Distribution Layer:** Integrates stablecoins into merchant systems, manages payment flows, and provides enterprise financial software (e.g., Stripe, Coinbase). They act as the access point for businesses. 4. **Application Layer:** The end-users and businesses that ultimately use stablecoins for payments, settlements, or as a store of value. They benefit from convenience but have little pricing power. The core thesis is that while the issuance layer currently dominates profits, the often-overlooked **infrastructure layer holds significant long-term potential**. The real challenge and barrier to mass adoption is not the on-chain transfer of stablecoins (which is simple), but the complex "last mile" integration into existing business workflows, banking systems, and regulatory frameworks across different countries. Companies in this layer are currently in a "land grab" phase, investing heavily to build networks, secure bank partnerships, and establish compliance pathways. While their position is currently pressured by the profitable issuers above and distribution platforms below, the article suggests that if stablecoins become a default financial rail for businesses, the infrastructure providers who have done the hard work of integration will ultimately gain strong pricing power and become entrenched, essential players.

marsbit4 год тому

The Value Distribution of Stablecoins

The Value Distribution of Stablecoins The article argues that stablecoins are evolving from a mere trading tool into a broad "dollar channel." It analyzes the industry's value chain through four layers: 1. **Issuance Layer (e.g., Tether, Circle):** The top layer that mints stablecoins, holds reserve assets, and captures the thickest interest rate spread. 2. **Infrastructure Layer (e.g., Bridge, BVNK):** Connects stablecoins to the traditional financial system, handling critical but complex "dirty work" like fiat on/off-ramps, banking integration, compliance (KYC/AML), and cross-border settlement. 3. **Acquiring/Distribution Layer (e.g., Stripe, Coinbase):** Embeds stablecoins into merchant systems, manages payment flows, and integrates with enterprise software. 4. **Application Layer:** End-users and businesses that ultimately use stablecoins for payments, settlement, or storing value. The author posits that while the issuance layer currently captures the most profit, the most overlooked and potentially critical layer is infrastructure. The core challenge for stablecoin adoption isn't the on-chain transfer (which is simple), but bridging the gap between blockchain and the real-world financial system. This involves solving practical problems for businesses: fiat conversion, reconciliation, tax handling, and user onboarding. Infrastructure companies are currently in a difficult "land-grab" phase—building networks, securing banking relationships, and achieving compliance country-by-country. They face pressure from both the profitable issuance layer above and distribution platforms below. However, the author suggests this layer is building a crucial moat. Once stablecoins become a default business rail, the infrastructure players who have done the hard work of integration may gain significant, durable value and pricing power.

链捕手4 год тому

Why Is Nvidia Borrowing $20 Billion When It's Not Short of Cash?

Nvidia's recent announcement to issue at least $20 billion in senior notes, despite holding a strong cash position with over $48.6 billion in free cash flow last quarter, is not a sign of financial need. Instead, it represents a strategic move to leverage its high credit rating (recently upgraded to AA by S&P) to secure low-cost, long-term debt. This capital will support long-term AI infrastructure investments, data centers, R&D, supply chain prepayments, and strategic investments, while allowing the company to continue aggressive shareholder returns through stock buybacks and dividends. The decision reflects a mature capital management strategy: using debt to finance long-term growth assets is more efficient and less dilutive to shareholders than equity financing. It signals that Nvidia, like other tech giants (Alphabet, Meta, Amazon), is entering a new phase of heavy AI capital expenditure, shifting from a pure growth story to a story about capital allocation, credit strength, and long-term ecosystem positioning. The key question for investors is whether Nvidia can maintain its high cash flow generation and ensure that returns from these AI investments justify the cost of capital over the long term. The bond issuance amplifies its expansion capabilities but also ties its valuation more closely to the broader AI investment cycle's sustainability and profitability.

marsbit5 год тому

Why Is Nvidia Borrowing $20 Billion When It's Not Short of Cash?

marsbit5 год тому

Liberland Fires Tech Secretary After Alleged Blockchain And Website Takeover Attempt

Liberland's congress has voted to remove Technology Secretary Dorian Stern Vukotić, following a resolution accusing him of attempting to hijack the Liberland.org domain, removing administrative multisig protections, blocking the president from voting, and launching unauthorized tokens. The incident serves as a case study in blockchain governance, highlighting risks that go beyond smart contracts to include control over domains, admin keys, and off-chain authority. For the crypto industry, it underscores the need to scrutinize decentralization claims against operational realities, where a small group can still compromise governance. The story reflects a broader market shift where infrastructure security and governance are becoming as critical as price action. Editorial framing should treat the development as a verified information signal about governance risks, avoiding overstatement of Liberland's legal status and leaving room for follow-up evidence.

bitcoinist6 год тому

Liberland Fires Tech Secretary After Alleged Blockchain And Website Takeover Attempt

bitcoinist6 год тому

How to Do Research Well: Deliberately Practice the Real Skills That Matter

No one truly teaches you how to do research. You're often given a desk, a pre-selected problem, and vague instructions to "create something new." Consequently, many people reverse-engineer the job based on visible outputs—papers, posts, announcements—learning only how to *appear* like a researcher rather than how to *become* one. True research capability is built from stacking small, trainable skills, nearly all of which can be developed through deliberate practice. **Pick Your Own Problem:** Most researchers absorb problems from advisors or trends, lacking the underlying reasoning. Choosing a problem you genuinely care about, as John Schulman advises, leads to original work. Develop "taste" like a muscle: predict experiment outcomes, guess paper results from methods, and track which findings remain important over time. **Upgrade Your Inputs:** Relying on shared reading lists (arXiv hot lists, filtered group chats) leads to unoriginal conclusions. Undervalued old literature often holds crucial insights (e.g., MoE, LSTM, backpropagation). Richard Sutton's "The Bitter Lesson" or Claude Shannon's 1952 talk on creative thinking are more predictive than lengthy modern surveys. Breadth matters as much as depth: draw from neuroscience, mechanism design, hardware knowledge, and honest statistics. Read papers directly, especially appendices and limitations sections. **Write Everything Down:** As Paul Graham noted, writing exposes flaws in seemingly mature ideas. Writing is the cheapest defense against self-deception. Following Feynman's principle, Darwin programmatically wrote down facts contradicting his theory to combat memory bias. Maintain a detailed log of hypotheses, setups, predictions, results, and updated understandings. Reviewing past logs fosters essential humility.

marsbit7 год тому

How to Do Research Well: Deliberately Practice the Real Skills That Matter

marsbit7 год тому

Торгівля

Спот

Ф'ючерси

Обговорення

Ласкаво просимо до спільноти HTX. Тут ви можете бути в курсі останніх подій розвитку платформи та отримати доступ до професійної ринкової інформації. Нижче представлені думки користувачів щодо ціни SHIB (SHIB).

Shiba Inu Looks To Assert Dominance With Metaverse Plans, But Is It Enough For SHIB To Survive 2022?

Анотація

Пов'язані матеріали

The Value Distribution of Stablecoins

The Value Distribution of Stablecoins

Why Is Nvidia Borrowing $20 Billion When It's Not Short of Cash?

Liberland Fires Tech Secretary After Alleged Blockchain And Website Takeover Attempt

How to Do Research Well: Deliberately Practice the Real Skills That Matter

Торгівля

Популярні статті

Як купити SHIB

Обговорення