Shiba Inu is essentially a decentralized cryptocurrency that was originally created in August of 2020 and was dubbed the Dogecoin (DOGE/USD) Killer; and is an Ethereum (ETH/USD) based altcoin that features the Shiba Inu hunting dog as its mascot.
SHIB, as a cryptocurrency, can be used as a medium of exchange and traded on top of cryptocurrency exchanges.
The mobile game launch as a catalyst for growth
Shiba Eternity is a mobile game launched on Australia’s Google Play Store and the Apple App Store on September 19, 2022.
The game revolves around collecting cards to craft the perfect deck, after which each player can battle against other people with the main goal of winning battles.
This game was much-anticipated and hyped and will spark interest within SHIB’s blockchain-based ecosystem as well.
Should you buy Shiba Inu (SHIB)?
On September 20, 2022, Shiba Inu (SHIB) had a value of $0.00001096.
The all-time high point of value for the SHIB cryptocurrency was on October 28, 2021, when it reached a value of $0.00008616.
However, when we take a look at SHIB’s performance throughout the previous month, we can see that its lowest point of value was on August 2 at a value of $0.00001159.
Its highest point of value was on August 15 at $0.00001739. This indicates that the cryptocurrency increased in value by $0.0000058 or by 50%.
With this in mind, investors might want to buy SHIB at a value of $0.00001096, as it can climb to $0.000018 by the end of September 2022.
The post Shiba Eternity available in Australia’s mobile stores, will this lead to a SHIB price hike? appeared first on Invezz.