The market-wide correction drove the memecoin from $0.000029 to $0.000017 in days. However, as the market started to recover and the team announced its Metaverse expansion, SHIB spiked by 40% to around $0.000024.
As of now, though, the memecoin has declined once more and sits just over $0.00002. This means that the asset is down by approximately 43% since the start of the year.an NFT collection last year, shortly after getting its decentralized exchange going. It’s worth noting that the idea of being a household name in the upcoming Metaverse world has attracted numerous prominent names.from Facebook to Meta to focus more on building its own version of the Metaverse.
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