The developers of the Shiba Inu memecoin metaverse have announced news on the project’s official blog. According to the post, there will be new rewards for those who bought the metaverse lands. Rewards will be available to holders starting July 2nd.
Furthermore, the Shiba Inu team recalled their promise to distribute 3% of the funds among users who blocked LEASH. According to the developers, so far no rewards have been distributed. This is because the contract of origin still has land available for sale.
Therefore, the sale was not the expected success. According to Shibainuart statistics, 5,500 plots of land were sold out of the total of 19,400 plots made available. In other words, more than 70% of land was not sold, or almost 14 thousand land.
SHIBA INU (SHIB)
The team explained that they don’t want to keep LEASH LOCK land holders waiting for a full sale. Therefore, they will build a new contract to reward those who have already purchased the land.
Thus, there will be a 3% BONE distribution for those who blocked LEASH during the first events. This updated contract hopes to fulfill the unlocking of rewards without the need to sell.
Meanwhile, Shiba Inu price remains consolidating within a tight range between $0.0000110.
However, Shiba still remains in a downtrend, according to analyst Tomiwabold Olajide. He pointed out that there are still several barriers for SHIB to overcome and said traders should watch the 5% rally today with caution.
Recently, the SHIB token added thousands of holders within a few days, reflecting the growth of SHIB. According to WhaleStats, the total number of SHIB holders is currently 1,175,890. This is an increase of more than 200% compared to January this year.
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