Shiba Inu Announces: Big Transfer to SHIB Team!

Shiba Inu, one of the most popular meme coin projects, continues to evolve. As it is known, the SHIB team aims to move away from being a meme coin and turn into a crypto ecosystem. So far, they have launched a decentralized exchange and new cryptocurrencies. However, they continue to work on a play-to-win game, a Metaverse, and a tier-2 scaling solution. Today, an important development has emerged in Metaverse. David Kern has joined the development team for “SHIB: The Metaverse”. Here are the details…

David Kern joins Shiba Inu Metaverse team

Shiba Inu lead developer Shytoshi Kusama announced David Kern’s involvement. Sharing on his Twitter account, Kusama said, “Welcome, David! A great addition to our SHIB Metaverse team!” said. David Kern has played key roles as Chief Technical Artist for Sony. He also contributed to the development of many games. However, the blog of the SHIB project shared a post about the Metaverse project and Kern. Shiba Inu talked about David Kern’s experiences at various companies such as Sony, Zipper Interactive. He then shared the following about his joining the team:

“We are confident that David’s skills in graphic design, video production, 3D modeling, animation, leveling and production management for multi-platform games will be invaluable to the Metaverse team!”

New SHIB listings

On July 14, the Shiba Inu began trading on the cryptocurrency exchange Bittrex. Bittrex users will now be able to trade with the SHIB-USD pair. A week ago, Robinhood finally took a step for SHIB. The world-famous crypto exchange has activated transfer transactions for SHIB. As we reported, the SHIB community is obsessed with Robinhood’s meme coin listing. Therefore, even the opening of the transfer process caused great joy in the community. Additionally, according to recent data, Shiba Inu has been the longest-held token among Ethereum whales. The whales, however, seem to continue to grow their holdings.

SHIB investors are losing

The whales and the community still seem to be on the side of the Shiba Inu. However, a clear improvement in the price of the cryptocurrency remains undetected. SHIB, just like all other cryptocurrencies on the market, suffered a huge drop in price last month. It also had a hard time regaining even some of its lost value. The result was huge losses among token holders. Data from IntoTheBlock shows that the vast majority of SHIB investors are currently at a loss. However, the percentage of investors making profits is only 24%. So the Shiba Inu has become one of the worst performing cryptocurrencies in the bear market.

Disclaimer: The articles and articles on AmkNews do not constitute investment advice. does not recommend buying or selling any cryptocurrencies or digital assets, nor is AmkNews an investment advisor. Therefore, AmkNews and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.

Warning: Citing the news content of AmkNews and quoting by giving a link is subject to the permission of AmkNews. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of AmkNews in violation of intellectual property law and relevant legislation.

Larry Brown

I graduated from Yale University, Department of Television. I have been a professional news writer for 3 years. I am continuing my career here by establishing site 3 months ago.